Opportunistic consumers have been replenishing their cellars with blue-chip Burgundy at decrease costs in current months, in accordance with service provider commentary cited within the Market Watch part of Decanter journal’s new-look January 2025 challenge.
The month-to-month Market Watch pages, additionally printed on Decanter Premium, are sponsored by worldwide service provider Bordeaux Index and its LiveTrade on-line buying and selling platform.
It’s been a subdued couple of years for superb wine, with costs of well-known names falling on the secondary market following sturdy beneficial properties.
With regards to top-tier Burgundy, although, some consumers returned to the fold in 2024.
Bordeaux Index reported an enormous restoration in buying and selling volumes of Domaine de la Romanée-Conti (DRC) and Rousseau wines within the first 9 months of final 12 months.
Giving its view available on the market state of affairs, Bordeaux Index mentioned, ‘It is because Burgundy could be very a lot a particular and distinct a part of the market, the place the supply-demand dynamics that govern all wine pricing are particularly acute.
‘Even in a interval of falling costs, consumers are conscious that pristine prime Burgundy is uncommon, when world demand is taken into account, and subsequently alternatives to purchase attractively won’t essentially be repeated.’
Matthew Hemming MW, group wine director at Vinum Advantageous Wines, with workplaces within the UK, Singapore and Taiwan, additionally reported a bounce for Roumier and Rousseau wines.
Nonetheless, the near-term outlook remained unsure, in accordance with some analysts. Liv-ex, a world market for the commerce, mentioned in late 2024 that its evaluation instructed DRC costs might have additional to fall within the present downturn.
On a broader degree, Burgundy’s 2023-vintage en primeur launch season is underway in January 2025. A number of retailers provide commentary on the marketing campaign in Decanter print journal’s Uncorked part.
Advantageous wine calendar: arising
Decanter’s month-to-month Market Watch pages additionally characteristic a Coming Up column, highlighting occasions, releases and auctions for collectors to look out for.
This month consists of:
- Naples Winter Wine Competition runs from 24 to 26 January in Florida. This annual occasion encompasses a charity public sale of one-of-a-kind tons spanning superb wine, gastronomy and luxurious journey.
- DRC is predicted to launch its 2022-vintage wines in 2025. The Domaine’s UK agent, Corney & Barrow mentioned it could launch its provide in February.
- Main SuperTuscan wine Sassicaia can be set to see its 2022 classic launched in February. Armit Wines, UK agent for producer Tenuta San Guido, mentioned it deliberate to launch Sassicaia 2022 on 13 February, and launch Le Difese 2023 across the similar time.
Please notice: launch schedules are topic to alter.
Subsequent month’s Market Watch, in Decanter’s February 2025 challenge, takes a more in-depth take a look at Bordeaux on the superb wine market.
