The new year opens in the wake of the previous one for the collectible wine market, with a still negative trend that involves all the indices monitored by Liv-Ex, the main reference for international trade in the sector. However, among the various categories analyzed, the Italy 100 is the only one to show a timid sign of recovery, according to data processed by WineNews.
After a 2024 closed with declines close to 10%, the decline continues in the first survey of January 2025. The Liv-Ex 100, the main index of the secondary market, marks a further -0,4% on a monthly basis, bringing the overall loss over twelve months to -9,2%. Among the Italian labels present in this index are big names such as Barolo by Bartolo Mascarello (2019 vintage), Barolo Monfortino Riserva by Giacomo Conterno (2014 and 2015), Barolo Falletto Vigna Le Rocche Riserva by Bruno Giacosa (2017), Brunello di Montalcino Riserva 2016 by Biondi-Santi, Barbaresco 2019 by Gaja, in addition to the famous Sassicaia, Solaia, Tignanello, Ornellaia, Masseto and Redigaffi in their most recent vintages.
Even more marked is the decline of the Liv-Ex 1000, the broadest index by number of references, which records a -0,9% on a monthly basis and an overall -10,5% in a year. All the French sub-indices - from the Bordeaux 500 to the Burgundy 150, passing through the Champagne 50 and the Rhone 100 - confirm the negative trend, with monthly declines around -1% and annual declines close to -10%.
The only sign of stability comes from the Italy 100, which with a +0,6% in the month attenuates the loss over twelve months to -5,6%. This index includes iconic labels such as Bartolo Mascarello's Barolo (from 2010 to 2019), Gaja's Barbaresco, Giacomo Conterno's Barolo Monfortino Riserva (selected vintages between 2001 and 2015), Bruno Giacosa's Barolo Le Rocche del Falletto Riserva (with vintages ranging from 2000 to 2017), and the most recent harvests of Sassicaia, Solaia, Tignanello, Ornellaia, Masseto and Flaccianello della Pieve di Fontodi.
Despite the encouraging signal from the Italy 100, the fine wines market remains under pressure, waiting to understand whether 2025 will bring a real reversal of the trend or whether the contraction phase will continue in the coming months.
