27th September, 2012 by Rupert Millar
Liv-ex’s Super Tuscan indices show strong upward growth for the Italian wines although Solaia is showing signs of slipping.
In the “September Market Report” Liv-ex tracked the top five wines, Masseto, Ornellaia, Tignanello, Sassicaia and Solaia, from the 1999 to 2008 vintages.
It was also noted in the July report that these five wines have out-performed the Liv-ex 50 over a five year period.
The chart shows that Masseto has been the strongest performing wine over the last five years with a 110% price increase.
In February of this year the index noted that Masseto was showing increasing signs of investment potential, following successful auction appearances.
Sassicaia has caught up substantially with its peers, with price rises of 40% and it has accounted for a third of Italian trade by value so far this September (with Ornellaia contributing to another third).
The only blip came from Solaia which has so far failed to trade at all this September and of its fellow Super Tuscans has actually seen a 1% fall in price over the last three years.
This is in comparison to June of this year when it was something of a workhorse for the region.
“Has it fallen from favour?” Liv-ex asked.
Italian wines have been emerging as a strong alternative to Bordeaux when it comes to fine wine investment or collecting for a little while now.
Earlier this year Justerini & Brooks announced it would be offering Brunello to show how diverse the region is and to appeal to those gradually being squeezed out by Bordeaux prices.
Meanwhile, back in February again strong Italian growth was being registered in markets worldwide, with the Super Tuscans leading the charge.