Vega-Sicilia***** is leading the Liv-ex Power 100 – ranking for the first time. After years of dominance by Burgundians, a Spanish winery is at the top for the first time. According to Liv-ex, it was a "challenging year for the fine wine market" and "Burgundy performed poorly." Bordeaux also faced difficulties, and this year no French producer made it into the top three. Only eleven top wines within the top 100 were able to increase their average selling price last year.
Vega Sicilia is at the top of the ranking after the traded volume increased by a whopping 324 percent and the value by 310 percent. According to Liv-ex, Vega-Sicilia "still offers good value for money." The Italian producer Gaja***** reached second place. The winery has shown a steady upward trend. In 2022, it was ranked 38th and in 2023, it is in seventh place. Gaja has been "carefully and continuously built up over decades" and is "well-known and trustworthy," write the Liv-ex analysts. In third place, after a rise of 54 places, is the Tenuta San Guido***** from Tuscany, which produces Sassicaia. "With decent production volumes, relatively stable release prices, and comparatively affordable trading values, it is a safe bet in a declining market. It is a wine that can be bought in large quantities and enjoyed without hesitation," explained Liv-ex.
The Burgundy producer Joseph Drouhin**** took fourth place, followed by Château d’Yquem*****, Henri Boillot****, Château Mouton Rothschild*****, the Australian producer Penfolds, and Domaine Leroy. Cheval Blanc landed in eleventh place, followed by E. Guigal, Domaine Leflaive, Château Latour, Dom Pérignon, Roagna, Château Margaux, Bouchard Père et Fils, Giuseppe Rinaldi, Faiveley, and Giacomo Conterno, who rounded out the top 20. The only German winery represented is Egon Müller-Scharzhof at 96th place on the list.
Thus, the dominance of the Burgundians has been broken. In 2020, 2021, and 2022, Domaine Leroy topped the list, and in 2023 it was Domaine Leflaive. Burgundy remains the most represented region in the Liv-ex Power 100 with 30 estates. This is a decrease compared to 37 wineries last year and 39 in 2022. The number of Bordeaux Châteaux fell from 30 last year to 25, with well-known names like Le Pin and Léoville Poyferré also dropping off the list. In contrast, Italy recorded the largest gains and now occupies 22 spots, compared to only 13 last year.
The global wine trading platform Liv-ex publishes the ranking of the most valuable wine brands annually. It evaluates each brand based on four key criteria: the annual price development in the twelve months prior to September 30, sales on Liv-ex, the number of bottles traded, and the average price. (al / Source: Liv-ex) More on the topic: .