Beyond the historical, social and economic context, 2020 has been the year of consecration for Italian fine wines, captured by Liv-ex’s “Power 100” which, just a year ago, lined up no less than 17 Italian labels (many of them in the ranking for the first time, at their highest prices ever), a peak never reached before, which was inevitably followed by the downgrading of the 2021 edition of the “Power 100”, drawn up together with the UK magazine “The Drinks Business”, and which WineNews is able to anticipate.
Actually, things are going well for Italian collectible and investment wines in 2021, with a large number of brands traded and a 15% share of trades, in value terms, on the reference index of the secondary market for fine wines, through which thousands of transactions pass every day.
