July 2025 – Liv-ex released its July Market Intelligence Report, highlighting key shifts in trade patterns and indices—particularly in regional markets and the Bordeaux 2021 vintage.
Bordeaux 2021 Bottoming out
Liv-ex analysts note that the 2021 vintage has gained notoriety for its sharp market decline. Released at high prices despite relatively low critic scores, the end of this decline may be in sight as trade prices level out and begin to tick upwards.
Commenting on findings, Liv-ex Head of Broking Robbie Stevens explains:
„The Bordeaux stock overhang continues. The 2022s, an extremely well regarded vintage, were well sold en primeur however times have changed. The Bordeaux market moved 23% downwards since original release. Now physical, the supply side pressure is on. With the likes of Haut Brion 2022 changing hands at nearly 14% below its ex-chateau release, buyers and bidders who waited are being rewarded.“
Champagne 50 and Right Bank 100 Indices Show Resilience
In contrast, the Champagne 50 and Right Bank 100 indices were the only indices to not fall in June, signaling sustained demand and resilience in these regions despite broader market fluctuations.
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