2018 Wine Market Report

We are pleased to share our 2018 Sotheby’s Wine Market Reportpublished by Sotheby's Wine Advisory Services, which includes a comprehensive review of sales data from our global Auction and Retail businesses, with analysis by Yassmin Dever.

This report features what we believe are the most interesting developments in the global fine wine market in 2018, illustrating the changes in sales categories, insights into where demand is coming from and what is selling strongest, along with wine industry trends, in addition to our annual top producer rankings and top prices achieved.

Here are a few of our highlights from 2018, a record-breaking year:

  • - Annual wine and spirits sales exceed $100 million for first time
  • - Sotheby’s has achieved over $1.1 billion in wine auction sales worldwide since 1995
  • - Auction sales surged over 50%
  • - #1 worldwide in live Auction sales, and #1 overall in Asia
  • - World’s most expensive bottle of wine sold at $558,000
  • - Highest price for any spirit in the Americas at $843,200
  • - Burgundy represented 42% of sales
  • - Asian buyers represented 63% of sales
  • - #1 Wine producer is Domaine de la Romanée-Conti at $24 million / 21% of sales
  • - Retail has highest level of sales ever, in both Asia and New York
  • - Highest value single retail transaction at US$1.5 Million
  • - Launch of Sotheby’s Wine Advisory Services and Instant Cellars

 

DOWNLOAD OUR 2018 WINE MARKET REPORT HERE

We hope you enjoy reading our analysis and please do not hesitate to let us know your thoughts and feedback by contacting Sotheby’s Wine Advisory Services at yassmin.dever@sothebys.com.

We look forward to announcing a number of exciting new initiatives which will expand our range of services in 2019.