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Fine wines issued in the marketplace each year are of limited quantity.
Consider the experience of Singaporean collector Fong Lit, who has been investing in fine wines for more than a decade. Many 1990 Bordeaux are already commanding a premium over their original price. Coupled to the actions of traders, most of whom would not think of drinking the wines they acquire, is the change in consumption habits of Asians, which have exerted a strong demand on the limited supply of fine wine. Taiwan, Singapore and the Philippines have recorded growth rates in wine consumption from 10 - 25 per cent per annum. Between 1991 and 1996, the fastest value growth markets for wine in the world were Israel, Scandinavia and Ireland, with Malaysia and Thailand taking 4th and 5th places respectively.