The wind of crisis brings an unparalleled volume of opportunities in the fine wine market
- JJ Carre
- Jan 27
- 2 min read
In Brief:
The wine market is in decline, but it is brimming with opportunities to purchase wines at prices lower than those of recent vintages or, in the case of Bordeaux, even below their release prices. This demonstrates that the 'en primeur promise' is no longer holding up.
You may want to consider buying again Bordeaux wines meeting our our analysis criteria (read the article: Bordeaux: The Wind of Crisis.)
In Detail:
Bordeaux 90 Market Index: This index represents the annual overall value (in millions euros) of the last 14 vintages (excluding en primeur) for the 90 greatest Bordeaux wines, excluding First Growths. It has declined by 3.2% over the past year.
Bordeaux First Growth Market Index (1CC): This index tracks the annual overall value (in millions euros) of the last 14 vintages (excluding en primeur) for the 10 first classified growths from Bordeaux (Angélus, Ausone, Cheval Blanc, Haut-Brion, Lafite-Rothschild, Latour, Margaux, Mouton-Rothschild, Pavie and Pétrus-not classified but considered as such). The Bordeaux 1CC has dropped by 7.7% over the past year.
Bordeaux 100 Market Index: Valued at €1.7 billion, this index combines the Bordeaux 90 and Bordeaux 1CC indices, encompassing the 100 greatest Bordeaux wines over 14 vintages—a total of 1,400 wines.
These indices are calculated based on professional market prices, maintaining a consistent methodology over time, and take into account annual stock and production volumes.
In a nutshell:
The market value of the production of for the last 14 vintages of 100 Bordeaux estates (excluding en primeur) has fallen by 5% over the past year.
Amidst the avalanche, discover how our wine market analysis acts as a net, capturing the best opportunities. You can explore examples of these opportunities in the article: "Bordeaux: The Wind of Crisis."
