The Analysis of the Investment Opportunities into the Wine

Daniela Majerčáková () and Michal Greguš ()
Additional contact information
Daniela Majerčáková: Comenius University in Bratislava
Michal Greguš: Comenius University in Bratislava

A chapter in Eurasian Business and Economics Perspectives, 2021, pp 189-201 from Springer

Abstract: Abstract The aim of this article is to characterize and analyze the possibilities of investing in wine and champagne. The object of our research is the investment wine market, which accounts for approximately 0.1% of all wines produced. This wine comes mainly from the French regions of Bordeaux, Burgundy, the Rhone Valley, and Champagne. World wine production in 2018 was more than 282 million hectoliters, while in 2017 there was a significant decline, to 250 million hectoliters. The object of our interest of the wine production gives us a fundamental research question into the analysis, namely, the examination of the benefits and risks of investment wine and its properties, which makes it a suitable investment commodity. The increasing decline of the world’s wine-growing regions and changes in their area over the last century, as well as changing climatic conditions, presuppose a review of another aspect of our analysis, namely the originality and value of investment wine with an advantage or threat compared to other investment opportunities on the market. Our findings show that wine is the most efficient alternative to gold and stock investment during the minimum of 10-year investing period. In our research we used data based on London Liv-ex stock exchange, wine investment portal data, and data from several relevant sources based on previous research.

Keywords: Investment; Wine; Commodities; Analysis (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eurchp:978-3-030-65147-3_13

Ordering information: This item can be ordered from
http://www.springer.com/9783030651473

DOI: 10.1007/978-3-030-65147-3_13

Access Statistics for this chapter

More chapters in Eurasian Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().