Two Australian brands have retained a place on the 2016 Liv-ex Power 100 – the annual list of the most powerful brands in the fine wine market.
The list, compiled in conjunction with The Drinks Business, ranks the world’s dominant fine wine labels traded on the wine exchange using a range of measures – such as the value and volume traded, as well as price movement over the past 12 months.
Penfolds was the star Aussie performer, moving up from No.46 in 2015 to No.38 in 2016.
Henschke, however, dropped from No.68 in 2015 to No.79 in 2016.
The label in the No.1 position was Lafite Rothschild, up from No.11 in 2015. Mouton Rothschild slipped from No.1 in 2015 to No.2 position in 2016.
Key findings from the report for 2016 were:
>> Bordeaux was the year's star performer - 57 of 100 wines were from the region; 19 from Burgundy; 9 from Italy; 6 from Champagne and 9 from other regions.
>> The Fine Wine market continues to broaden with collectors seeing investment potential in the top brands from Tuscany, Piedmonte and Champagne.
>> Buyer diversification continues, with the variety of wines and vintages traded wider than ever before. This year 670 brands traded, up 265 on the previous year. Of the brands, 199 qualified for the 2016 ranking, an increase of 19.8% on 2015.
Click here for the results in full for the 2016 Liv-ex Power 100.
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