Burgundy has taken the lead in the fine wine market, moving ahead of Bordeaux, according to new data from Liv-ex. 

Now the largest contributor by value, fine wines from the region account for 32.5% of the market, a figure which rose from 27.5% in the last Liv-ex report. 

A change led by the latest available vintages, Liv-ex said that buyers are interested in newer vintages, rather than purely in established names. 

As per other recent Liv-ex data, the 2023 vintage makes up around 40% of Burgundy’s traded value, indicating that buyers are purchasing earlier than in previous cycles. 

A significant change in purchase patterns, the insight provider said that this represents a split in the Burgundy market: one in which it becomes more dynamic, as buyers purchase both emerging and established wines across a two-speed market. 

Following Burgundy, Bordeaux still holds a large share. However, in a contrasting pattern, Liv-ex said that buyers are looking to purchase mature, highly regarded vintages, rather than more emerging wines. 

This week, Liv-ex said that the 2005, 2015 and 2009 harvests attracted the most buyers. On an individual wine level, Château Margaux proved popular. 

Going past Burgundy and Bordeaux, Champagne also recently experienced an uptick – a pleasant boost for the category, which earlier this year reported a global shipment and export decline. 

This week, however, the gains stalled, with its share of the trade falling from 12.8% to 7.6%.