Wine Labs Research · Fine wine / Market / Index

Fine wine trade signals: Q3 2026

Published . Wine Labs trade-signal index. 6 complete weeks in Q3 2026.

In Q3 2026, fine wine merchants sold an average of 1.3% of the bottles they had on hand each week. At that pace, merchants turn about 66% of their fine wine stock in a year.

Price cuts made up 54.0% of price changes. The typical cut was 9.5%. In the week of 12 Oct, the cut share rose to 63.8%, the highest week in the series.

1.3%

Stock sold per week, Q3 average

54.0%

Price changes that were cuts

9.5%

Typical price cut

Sell-through rose into September

Sell-through peaked at 1.6% per week in mid-September. It was 1.2% in the week of 12 Oct.

Share of fine wine stock sold, by week

Share of fine wine stock sold, by weekWeek of 20 Jul: 1.0%; Week of 31 Aug: 1.1%; Week of 7 Sept: 1.2%; Week of 14 Sept: 1.6%; Week of 21 Sept: 1.6%; Week of 28 Sept: 1.2%; Week of 5 Oct: 1.1%; Week of 12 Oct: 1.2%Week of 20 Jul1.0%Week of 31 Aug1.1%Week of 7 Sept1.2%Week of 14 Sept1.6%Week of 21 Sept1.6%Week of 28 Sept1.2%Week of 5 Oct1.1%Week of 12 Oct1.2%

Published weekly index values. October weeks are darker.

Champagne sold fastest

Champagne sold the largest share of its stock each week. Australia sold the smallest share.

Q3 2026 weekly sell-through by region

Q3 2026 weekly sell-through by regionChampagne: 1.7%; Tuscany: 1.3%; Spain: 1.2%; Rest of world: 1.2%; Bordeaux: 1.2%; Italy other: 1.1%; Rhone: 1.0%; Piedmont: 1.0%; Burgundy: 1.0%; California: 0.9%; Port: 0.9%; France other: 0.9%; Germany: 0.8%; Australia: 0.6%Champagne1.7%Tuscany1.3%Spain1.2%Rest of world1.2%Bordeaux1.2%Italy other1.1%Rhone1.0%Piedmont1.0%Burgundy1.0%California0.9%Port0.9%France other0.9%Germany0.8%Australia0.6%

Average of published Q3 weeks.

Expensive wine did not sell slower

Bottles above $500 sold at about the same weekly rate as bottles at $75–150.

Q3 2026 weekly sell-through by bottle price

Q3 2026 weekly sell-through by bottle price$75-150: 1.2%; $150-500: 1.3%; $500+: 1.3%$75-1501.2%$150-5001.3%$500+1.3%

Average of published Q3 weeks.

Discount pressure

Cuts outnumbered price rises in most weeks. UK merchants cut most often: 61.7% of their price changes in Q3 were cuts.

Cuts as a share of price changes, by week

Cuts as a share of price changes, by weekWeek of 20 Jul: 51.9%; Week of 31 Aug: 57.9%; Week of 7 Sept: 56.5%; Week of 14 Sept: 48.0%; Week of 21 Sept: 54.3%; Week of 28 Sept: 55.1%; Week of 5 Oct: 57.8%; Week of 12 Oct: 63.8%Week of 20 Jul51.9%Week of 31 Aug57.9%Week of 7 Sept56.5%Week of 14 Sept48.0%Week of 21 Sept54.3%Week of 28 Sept55.1%Week of 5 Oct57.8%Week of 12 Oct63.8%

Published weekly index values. October weeks are darker.

Q3 2026 averages of published weeks, by region.

RegionCuts as share of price changesWeekly sell-through
California58.8%0.9%
Italy other56.6%1.1%
Burgundy55.9%1.0%
Rhone55.5%1.0%
France other54.9%0.9%
Piedmont53.4%1.0%
Bordeaux52.9%1.2%
Tuscany52.8%1.3%
Spain52.4%1.2%
Australia51.7%0.6%
Rest of world50.8%1.2%
Champagne50.3%1.7%

The wines merchants sold most widely

The share of merchants listing a wine that sold at least one bottle in the four weeks to 4 October.

Questions

How fast does fine wine sell at merchants?

In Q3 2026, merchants sold 1.3% of their fine wine stock (750 ml bottles at $75 or more) per week on average, about 66% a year at that pace.

Are fine wine merchants cutting prices?

Yes. In Q3 2026, 54.0% of price changes were cuts, with a typical cut of 9.5%. In the week of 12 Oct the cut share was 63.8%.

Which fine wine region sells fastest?

Champagne: merchants sold 1.7% of their Champagne stock per week in Q3 2026. Australia was slowest at 0.6%.

Sources and method

Universe: 750 ml offers at $75 or more from about 1,300 fine wine merchants. Merchants that share the same feed count once. Spirits are excluded.

Sell-through is the net fall in stock per line and week, divided by bottles on hand. Merchant-weeks with outages or whole-feed changes are removed. A region or price band is shown only for weeks with at least 30 merchants and no three merchants making half of the sales.

Q3 2026 has 6 complete weeks: 20 July, and 31 August to 28 September. The weeks from 27 July to 24 August had incomplete data and are left out. There is no year-on-year comparison before May 2027.

Price changes between 3% and 50% count. Days when a merchant repriced more than 5% of its lines are removed, because those are currency or feed updates.

See the weekly indices