Super Tuscans hit the buffers

The Liv-ex Italy 100 has been the worst performing index of the year so far, losing 0.85% as the wider fine wine market continues to post gains.

Paradoxically, Italy’s monthly share of trade on the platform has risen from 6.4% in 2017 to 7.9%.

But it is a slowdown among Super Tuscan trade that is causing most of the problems, as they account for half of the 10 wine labels in the Italy 100.

As Liv-ex noted, Sassicaia and Tignanello have made gains of 2.8% and 1.1% this year but Ornellaia, Masseto and Solaia have declined 2.7%, 3.5% and 6.4% respectively and losses for some individual vintages have been “stark”.

For example, the 2005 vintage from Masseto and Solaia, despite low market liquidity, have both fallen over 20% in price since the beginning of the year.

Meanwhile, the price performance of several top Barolos hasn’t quite caught up to level the Super Tuscans were at hence the overall dip for the Italian wine sector in the secondary market.

On the other hand, as Liv-ex continued, prior to this the performance of the Super Tuscans was such there was a school of thought they would breakaway entirely from other Italian fine wines.

Yet the recent cooling around Super Tuscan prices has at least delayed this possibility and the slow but steady performance from the various Barolo producers has brought the wines of the index broadly back in line with each other.

The Barolos from Giacomo Conterno, for example, have risen 1.8% so far this year, putting the label behind only Sassicaia in terms of price performance.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Marketing Manager

Amathus Drinks Plc
London, UK

Partner Manager - Managed On-Trade

Maverick Drinks
London, UK

Brand Manager

Hatch Mansfield
Ascot, Berkshire

Events Sales Executive

The Drinks Business Hong Kong
Hong Kong

Head of Sales

London, UK

Logistic and Fullfilment - Whisky (and wine) administrator

Stilnovisti Ltd
London, United Kingdom // Dufftown, Keith, United Kingdom

Account Manager

Harviestoun Brewery
Field Based, UK

Buyer - Spain & South America

London, UK

Events Sales Manager

Field based - London or surrounding area


5th Nov 2018

Exploring Beaujolais Wines Across The Years & Appellations

Manchester,United Kingdom
6th Nov 2018

Pink Rosé Festival

7th Feb 2019
Click to view more

Rioja Masters 2018

Deadline : 26th October 2018

The Global Pinot Noir Masters 2019

Deadline : 1st November 2018

Click to view more

The Global Sparkling Masters 2018

As with all of the drinks business awards, our judging panel is comprised of Masters of Wine, Master Sommeliers and senior buyers making the competition globally renowned.

Champagne Masters 2018

Enter your wines into the Champagne Masters 2018, the only blind competition dedicated to Champagne in the UK.

Click to view more