Story perspectives
Fine Wine Prices Drop 2.8% Amid Market Shifts
12/26/2025
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Story summary
- Fine wine prices fell 2.8% through November 2025, the third consecutive year, per Liv-ex's Fine Wine 100.
- Bordeaux fell 6.6%; Burgundy and vintage Champagne declined 4.4% and 4.3%, respectively.
- The downturn reflects U.S. President Donald Trump-era tariffs and a booming stock market that diverted funds to stocks and gold.
- Bordeaux's en primeur campaigns created excess inventory, while Asian demand recovers as buyers capitalize on lower prices.
