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The global fine wine trading platform Liv-Ex has presented its ranking of trade prices for 2021. The winners of the year are Italy and the USA. With a total of 83 wines, the number of Italian labels in the top group has increased by 112 percent compared to the 2019 ranking. California is represented with 22 top wines, compared to only ten the year before. This results in an increase of 120 per cent.
Of the eight Piedmontese wines at the top, only one belonged to the first category in 2019: Bruno Giacosa's Barolo Falletto Vigna Le Rocche Riserva. The others rose from the second tier or are newcomers, such as another wine from Bruno Giacosa and a Monfortino Riserva from Giacomo Conterno. California has moved up from six to ten labels in the first tier, putting it on a par with the wines from the Bordelais.
These top wines are increasingly competing with the classics from Bordeaux and Burgundy: in 2019, for example, Bordeaux labels accounted for around 37 per cent of the classification list; in 2021, they will account for just under 29 per cent. The number of Burgundian wines has also decreased by 30 per cent. In 2019, Liv-Ex still recorded 102 Burgundian labels, in 2021 there are only 71.
In total, Liv-Ex recorded 120 new entries in the classification, which is 34 per cent less than in 2019. 70 per cent of these wines did not come from Bordeaux or Burgundy.
Liv-Ex is the London-based global trading platform for Fine Wine, where 550 wine merchants from all over the world buy and sell top wines.
(uka / Photo: Wikipedia)