Wine Auctions in the Doldrums: iDealwine Expects Slow Growth in 2025

The 'iDealwine Auction Barometer' describes 2024 as ‘gloomy’ for the wine auction market, with slower growth expected in 2025 before a recovery.

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Source: iDealwine Barometer 2024 Auctions Outlook for 2025
Source: iDealwine Barometer 2024 Auctions Outlook for 2025

The French company iDealwine, founded in 2000, has become a leading international online platform for buying, selling, and valuing fine wine. In France, one in three bottles sold at auction is auctioned via iDealwine. In its annual 'Auction Barometer', the auction house highlights developments in the international wine auction market and provides an outlook for 2025.

International Wine Auction, an iDealwine subsidiary, auctioned a total of 261,465 bottles of wine (750ml ) in 2024, 17.7% more than the previous year.

Source: iDealwine Barometer 2024 Auctions Outlook for 2025
Source: iDealwine Barometer 2024 Auctions Outlook for 2025
News

The London-based wine trading platform Liv-ex has noted significant trade declines across all wine indices in its current May report.

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Opinion

Robert Joseph questions the wine industry's expectation for customers to buy potentially very pricy wine without having the chance to try it first.

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