Trading volumes are a key measure of a wine’s success in the marketplace. To evaluate these, Wine Lister uses figures collated by Wine Market Journal from sales at the world’s major auction houses, looking at the total number of bottles sold of the top five vintages traded for each wine over the past four quarters.
With the first quarter data now in, we look at which wines saw the greatest incremental increase in bottles traded. Although the list is dominated by French wines, top of the table is a Tuscan, Biondi Santi Brunello di Montalcino Riserva. The producer was recently highlighted as one to watch in a survey of Wine Lister’s Founding Members. The rise in auction sales for this wine has had a significant impact on its Economics score, boosting it from 911 to 945/1000. Volume is just one of the five criteria that feed into a wine’s Economics score, along with four different price-related metrics.
The wine seeing the second largest gain in trading volumes, Domaine du Pegau Châteauneuf-du-Pape Cuvée Réservée, also has the lowest Economics score of the table, at 789. Nonetheless, its overall Wine Lister score is very strong at 846 (lifted by a high score for Brand), and with the latest data in from Wine Market Journal its Economics score is on the rise.
The final three wines of the table – two Bordeaux first growths and a prestigious Champagne (Taittinger Comtes de Champagne) – also benefitted from increased trades in the last quarter. All three enjoy very high Economics scores, with Lafite Rothschild the highest, at 955/1000. Meanwhile it seems that 2017 has been a positive year so far for Latour, which was also among the top five wines that saw its number of searches increase significantly in March.
The latest price data is in, enabling Wine Lister’s algorithm to award new Value Pick status to those wines that achieve the best quality to price ratio (with a proprietary weighting giving more importance to quality, thus allowing the finest wines a look-in).
This month, the new Value Picks include a Champagne, a Port, and a sweet white Bordeaux, but it is Piedmont that dominates, with three of its wines achieving Value Pick status: Poderi Luigi Einaudi Barolo Costa Grimaldi 2008, Luigi Pira Barolo Marenca 2007 and Giacomo Conterno Barbera d’Alba Cascina Francia 2010.
Each wine is priced at £44 per bottle or less – with half under £30 – and all have impressive Quality scores (based on ratings from our three partner critics) of 845 or above.
Prices per bottle are provided by our price partner, Wine Owners, whose own proprietary algorithms process millions of rows of incoming price data from Wine-Searcher to calculate a more realistic market level price – the price at which a wine is likely to find a ready buyer – based on market supply and spread models. As lower retail prices are likely to sell first, the prices you see on Wine Lister may be below the Wine-Searcher average in some instances.
“Which producers will see the largest gain in brand recognition in the next two years?” That was one of the questions Wine Lister asked its Founding Members, in its latest survey of 49 of the world’s key wine trade players, between them representing well over one third of global fine wine revenues.
Of the producers expected to gain in brand recognition, the largest number were Burgundian (44 votes). Perhaps surprisingly – considering that the region already dominates the market – Bordeaux was only just behind (43 votes), suggesting that the trade still sees lots of room for brand growth in Bordeaux.
With Champagne in third place, France represents well over two-thirds of the strongest predicted gainers in brand recognition, while Italy followed with names from both Piedmont and Tuscany.
Bordeaux boasts four contenders in the top 10 producers cited. Canon garnered the most votes, and along with Figeac was already cited as a brand having risen significantly in demand. Canon’s Margaux sister, Rauzan-Ségla, also features here, as does the trade’s darling, Grand-Puy-Lacoste.
Burgundy features with three producers, showing that demand for the region’s top wines shows no signs of abating, while the Rhône and Champagne also make an appearance.
Measuring the number of searches on the world’s most visited wine site, Wine-Searcher, provides a unique insight into an individual wine’s overall popularity. Following on from last week’s blog on wine searches we have aggregated two years’ worth of this data at region level, to put popularity in perspective and map fine wine market trends over time.
Above, we have taken the 50 most searched-for wines from the leading fine wine regions in France and Italy and tracked their changes in search frequency over two years. Despite natural peaks and troughs – including large spikes for Champagne during the festive season – the last six months show an acceleration in searches for wines of every region.
Several wine regions have seen searches more than double in the last two years, with Tuscany, Piedmont and Burgundy as the stand-out performers. Meanwhile, Bordeaux – the most searched-for region in real terms – has struggled to engage new audiences at the same rate as its counterparts. For more on Tuscany’s rising global clout, see our in-depth regional study, available to subscribers on the Analysis page.
To view the popularity of individual wines, simply search for your wine of choice on Wine Lister and explore the Brand score sub-criteria.
Yesterday saw the release of Pol Roger 2008. Heralded as “admirably long” and “really exciting” by Wine Lister’s partner critic Jancis Robinson, here we look at all the key data:
You can download the slide here: wine-lister-factsheet-pol-roger-2008
This week saw the launch of Louis Roederer Cristal 2009. Addressing the London audience at the Shard on Tuesday 11th October, the Champagne house’s CEO, Frédéric Rouzaud, called the launch an effort “to help lift you out of depression after Brexit”.
The wine had been released in July, before the critics had tasted the wine, offered at £1,100 per case (91.67 per bottle) by UK merchants. It is still available at this price from BI Wines & Spirits, which seems like a good deal, the cheapest of any available (see the chart below).
Scores are now in from Wine Lister’s three partner critics (Vinous, Jancis Robinson, and Bettane+Desseauve) who are unanimous in their praise of the wine. See their scores alongisde a wealth of other data and analysis below:
You can download the slide here: wine-lister-factsheet-cristal-2009