Number of Italian wines traded rises 1,500% in 10 years

The value of Italian fine wines in the secondary market has risen from £2 million to £5m since 2015 according to Liv-ex, with the number of wines traded having grown over 1,500% in a decade.

On the back of a recent in-depth report on the growth and progress of Italian fine wine labels on the Exchange, Liv-ex said that: “Market participants have shown increased commitment to the Italian market as demonstrated by growing exposure: the rising value of bids and offers.”

As Bordeaux has waned somewhat since 2011 so have other countries and regions risen up to take a bigger share of the market.

Other French regions especially Burgundy and Champagne have been key beneficiaries but so too have Italian labels – principally Super Tuscans but Barolo and Barbaresco producers in the background too.

Since 2015 the volume and value of Italian wines traded on the Liv-ex Exchange has picked up enormously.

Liv-ex reported that the number of individual wines – which could include multiple vintages from the same producer – being traded has risen 1,506% over the past decade, with the number of individual labels/producers doubling every two years.

Italy is now the third most active group after Bordeaux and Burgundy with a value trade share of 8.5% today – compared to less than 2% in 2010.

Leave your reply

Most Recent Stories

The top 10 trending cocktails in UK bars

Funkin Cocktails has released the latest ranking of the top 10 trending cocktails in UK bars, with the Porn Star Martini once again coming out on top.

New booking app to combat no-shows in London restaurants

A new app allows restaurants to turn no-shows and late-cancellations into bookings with diners seeking last-minute seats in London.

London's Montone wins young sommelier of the year world final

Matteo Montone, wine director at the London Edition hotel, won the world final of the Chaîne des Rôtisseurs young sommelier of the year – the third year in a row that a sommelier working in Britain has claimed the title. 

Prosecco-flavoured Pringles seized in Italy

Italy's fraud officials have seized hundreds of tubes of Prosecco-flavoured Pringles because they use the term reserved for the famous sparkling wine.

Aldi launches 'Aldi-ploma' wine course

UK discounter Aldi is launching an online wine course for shoppers comprising a free-to-download online course and tutorial, which it says will make will make the wine aisle "less baffling" for consumers.

Most Recent Stories

The top 10 trending cocktails in UK bars

Funkin Cocktails has released the latest ranking of the top 10 trending cocktails in UK bars, with the Porn Star Martini once again coming out on top.

New booking app to combat no-shows in London restaurants

A new app allows restaurants to turn no-shows and late-cancellations into bookings with diners seeking last-minute seats in London.

London's Montone wins young sommelier of the year world final

Matteo Montone, wine director at the London Edition hotel, won the world final of the Chaîne des Rôtisseurs young sommelier of the year – the third year in a row that a sommelier working in Britain has claimed the title. 

Prosecco-flavoured Pringles seized in Italy

Italy's fraud officials have seized hundreds of tubes of Prosecco-flavoured Pringles because they use the term reserved for the famous sparkling wine.

Aldi launches 'Aldi-ploma' wine course

UK discounter Aldi is launching an online wine course for shoppers comprising a free-to-download online course and tutorial, which it says will make will make the wine aisle "less baffling" for consumers.