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US buyers drive fine wine market stability in first half 2026
- US fine wine buyers' share of purchase value rose to 26.9% in Q2 2026, up from 20.7% in 2025, as participants navigated new tariffs and depleted stocks.
- Liv-ex data shows US buyers paid an average 1.1% above market price in Q2, compared to 0.03% in Q1, actively supporting price stability.
- Asian buyers retreated as shipping costs surged up to 60% due to the Iran War, softening local trade prices despite global stabilisation.
- All major fine wine indices stabilised in H1 2026, though limited trade volume growth indicates buyers remain cautious despite selective opportunity.
- Private collectors now drive the market as merchants reduce stock purchases and stay risk-averse, making geopolitical shocks a direct threat to valuations.