Champagne’s best year to date
Among Liv-ex 1000’s sub indices, the Champagne 50 has been the best with a 3.7% increase. The most-traded vintages this year were 2012 and 2008, boosted by the late releases of Salon 2012, Krug 2008 and Dom Pérignon Rosé 2008.
Leading price performers were Taittinger’s 2006 and 2008 Comtes de Champagne, Cristal Rosé 2008, Krug 2000 and Salon 2002, which have recorded over 50% price growth this year.
Top price-performer this year was Salon’s 2002, which has risen 80% to £10,618 (US$14,012) per dozen. Only one Champagne in the Champagne 50 has recorded a negative performance this year, which is Perrier-Jouët’s 2011 Belle Epoque.
Despite the astonishingly positive price performance, Champagne saw a slight decrease in trade share down to 8.4%.
In terms of market demand, the US has overtaken the UK as the biggest buyer of Champagne on the secondary market as it was one of the few regions exempt from the 2020 tariffs on European wines. Champagne sales to the US have increased 219% in 2021.
Rosé Champagne has also been on the rise, occupying 18% of Champagne’s trade. Cristal’s 2013 and 2012 rosés were among the top-traded Champagnes this year.
