It looks like 2019 will be a new benchmark vintage for Burgundy and could jumpstart the region's investment potential. After a mixed performance over the past two years, we think Burgundy wines are primed for a rebound. Therefore, the current en primeur campaign looks like a very good time to buy some exciting new wines from this iconic region.
Our report is a must-have guide to buying en primeur as Burgundy remains a diverse and complex region, meaning a selective approach is key to realising long-term growth potential. Therefore, our report can help you navigate the region in order to find the best wines at the best prices.
The first major release of the campaign, of the potential 100 point Pontet Canet, at a 30% discount to their 2018 release (and their lowest release price since 2008), has set a strong precedent for what’s to come.
Our report is a must-have guide to buying en primeur this year, evaluating recent performance, identifying the key categories to look out for as well as providing individual price analysis on 50 of the top investment grade wines.
We are extremely excited by this campaign and we are confident that this could provide the spark to re-invigorate the Bordeaux market.
Within this report you will find;
✔ 2019 vintage review and leading critic commentary
✔ Our Head of Fine Wine’s top 10 2019 wines with scores
✔ Key price performance and commentary of recent En Primeur campaigns
✔ Why we think the region is primed for a rebound
✔ Our strategy for finding the best wines with potential for long-term appreciation
“The fact that quality is high and that the 2019 vintage will bestow so much drinking pleasure is testament to both vine and winemaker. It remains a magical wine region that casts a spell over anyone who visits, including myself.”
Neal Martin - Wine Critic and Writer
- High-quality benchmark vintage for red and whites. Wines display freshness and balance despite water stress during the growing season and another year of above-average temperatures.
- Spring frost and summer sunburn resulted in lower yields than 2018, but producers are successfully employing a range of vineyard and winemaking techniques to adapt to warmer conditions.
- Whites are concentrated, ripe, generous and layered with greater harmony and mineral freshness than 2018.
- Reds from the 2019 vintage have lighter colours, suggesting lighter extraction which benefited the wine.
- CW Burgundy has posted positive returns over one-year, two-year and five-year timeframes despite down market in recent years. Our 2015 EP wines have returned 40.2%, our top performance among recent Burgundy EP campaigns.
- Our outperformance stems from a selective approach and focus on finding interesting second tier wines and up-and-coming producers.
- The Burgundy 150 two-year return is down at -10.2%. Following Burgundy’s standout 2016 vintage, the higher volumes of the 2017 and 2018 vintages and their lower across-the-board quality led to price consolidation.
- However, increased trade share and a positive performance in Q4 2020 suggest Burgundy prices have restored their upward trajectory.
- High-quality wines from the 2019 vintage combined with expected lower volumes should lift Burgundy prices. The region can continue to build on the price recovery in late 2020.
- The diversity of choice across the region means a selective approach is key to realising long-term growth potential.
- Second tier and up-and-coming producers often offer attractive relative value, creating arbitrage opportunities in both new EP wines and back vintages.
Download Cult Wines Quarterly Reports
Quarter Four Investment Overview 2020
Quarter Three Investment Overview 2020
Quarter Two Investment Overview 2020
Quarter One Investment Overview 2020
Quarter Four Investment Overview 2019
Quarter Three Investment Overview 2019
Quarter Two Investment Overview 2019