Strong buyer demand has been pushing up prices for top Bordeaux wines, especially in younger vintages, and several fine wine merchants believe market dynamics will remain favourable in 2022.
Blue-chip claret saw prices rise by some 15% across 2021, said fine wine merchant Bordeaux Index. At Liv-ex, the Bordeaux 500 index increased in value by 10.5% last year, and by 21% over five years – though it is worth noting that this is slower than several other regional indices.
{"content":"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"}
The Bordeaux Index view
Fine wine & spirits specialist Bordeaux Index kindly sponsors this section of Decanter, and provides its view on the market here. It can be found at bordeauxindex.com
Bordeaux saw a surge in trade in 2021, with volumes on Bordeaux Index’s LiveTrade online platform up by about 40% year-on-year. Prices rose by an average of 12%, with Château Lafite leading the first growths and Figeac being the best-performing Right Bank wine, given the speculation around the 2022 reclassification. There were few wines that really lagged the market, with Super Seconds averaging around the 8%-9% level and seeing strong demand.
The real story of the year was the outperformance of younger vintages – seen in Lafite most markedly – on the back of strong US and Asian demand; this trend leaves some highly rated older vintages looking attractively priced, especially 1995 and 1996. While it is intuitive that this trend will reverse itself, this will not necessarily happen given that the demand for the young vintages is coming from new market entrants who are less focused on older vintages.
