Hong Kong has again eclipsed the US in the fine wine auctions market, according to the latest figures.

Data from Wine Spectator shows that sales of Bordeaux and Burgundy contributed to total income of £33.7 million in the first quarter of 2011.

In contrast, US auctions generated just £19.7 million in this period. The price per lot was higher in Hong Kong also - £5,140 compared to the £2,340 achieved in the US.

Acker Merrall & Condit chief executive officer John Kapon expects this trend to continue for some time, with the finest Bordeaux and Burgundy wines finding their way to Hong Kong.

He told the publication: "Demand for Bordeaux at the very top level is generally stronger there.

"[However], New York remains an important market, and often shows more strength outside of Bordeaux"

An auction of top Bordeaux and Burgundy wines in Hong Kong earlier this month generated more than £7.6 million.

The group of wines was said by Sotheby's worldwide head of wine Serena Sutcliffe to include the "greatest collection of Domaine de la Romanee Conti ever sold".