Robert Joseph’s Post

Part II of Wine Lister’s 2024 Bordeaux study, titled “How’s the patient?”, has now been published. Head to our analysis page to purchase your copy in French or English 🔎 Please see some key findings below: - Just 18 out of the 134 Bordeaux wines we analysed achieved higher Quality scores in 2023 than in 2022. Of these, 10 were from Margaux - Our price analysis indicates that the 2023s should be priced between -21% and -34% below 2022 on average. To date, the key releases are down by an average of 22% - Bordeaux still dominates searches and offers on Wine-Searcher, though search count for all leading Bordeaux appellations has declined and the number of offers of Bordeaux wines is up - Petrus and Les Carmes Haut-Brion progressed the most in terms of online search rank over the past year, while Le Clarence de Haut-Brion and Bélair-Monange saw the largest increase in volumes traded at auction Click here: https://lnkd.in/g4D3FEX

Indices update with a un down of 2023. To no surprise we saw a general decline of indices in 2023. Bordeaux: WD Bordeaux 100, the largest market index available for Bordeaux wines (100 wines over 14 vintages, 2 Billion Euros) increased by 0.1% in December 2023 and decreased by 5.5% over the past year. The WD Bordeaux 1CC of the 10 first growths increased by 1.2% in December and decreased by 8.2% in 2023. No vintage escapes this decrease in 2023. The level of B2B offers for the last 18 available vintages has slightly increased to 717 million euros. In 2023, only the Champagne “grandes marques” NV index has progressed significantly (+4.6%). For more information: https://lnkd.in/gyy5VxSb

Here is some exciting information on On-Premise wine data by Country of Origin from nearly 50,000 accounts surveyed: 1. Unsurprisingly, American wine is the most represented country in American Restaurants. France is #3 by number of accounts, and Italy is #2 in more than 27% more accounts than France! 2. France is #2 by the total number of placements on the wine lists in America, beating Italy at #3 by over 16%! 3. American wines are only out-placed in two markets in the U.S.; France is the #1 most-placed country on wine lists in New York and D.C.!

Wine Stocks over Wine Production Ratios in Bordeaux, 1984-2023. In the mid 1980s, Bordeaux AOC wineries' red wine stocks were about 60% of Production (40% for white). However, the stock-over-production ratios have grown across the board, particularly for red wine. The 4-year moving avg for red Bordeaux has surged from about 1 in 2018 to more than 1.5 in 2023 -- suggesting the existence of a structural problem.

Wine Stocks over Wine Production Ratios in Bordeaux, 1984-2023. In the mid 1980s, Bordeaux AOC wineries' red wine stocks were about 60% of Production (40% for white). However, the stock-over-production ratios have grown across the board, particularly for red wine. The 4-year moving avg for red Bordeaux has surged from about 1 in 2018 to more than 1.5 in 2023 -- suggesting the existence of a structural problem. https://lnkd.in/eRTcaFKT

Fine Wines | Vino Pregiato - Bordeaux led weekly trade by a considerable margin this week, with 32.9% of total trade compared to Burgundy’s 21.7%. Champagne recorded an uptick, holding 12.0% of trade this week compared to just 7.0% last week. The ‘Others’ category continued its rise, accounting for 8.9% of total trade compared to 7.1% last week and 6.5% in February The Rhône and Tuscany’s trade shares remained remarkably flat week-on-week, accounting 4.2% and 10.8% of total trade by value respectively. The USA saw its trade share dip to 4.8% this week, after closing last week at 7.9%. #wine #finewines #finewine #burgundy #borgogna #Champagne #bordeaux #vins #vinsfins #finewine #piedmont #piemonte #tuscany #toscana #rhône #napa #sonoma

I LOVE SUPPORTING SMALL BUSINESSES After having worked for many years in larger wineries, I simply love to use my expertise and capitalize on what I have learned over the years in the trade to support the many small and niche wineries here in Tuscany. And there are so many! Today I am joining a B2B Tuscan event in Florence supporting Eleonora Pieri from Poggio Stenti. A person that is both loyal client, reliable supplier and… valuable friend! 🥰 The market for Italian wines has seen various trends and cycles over the years. Twenty years ago, many small farmers were merely providing grapes or bulk wines to larger bottlers or wineries. Now, with the trend shifting towards the authentic expression of unique terroirs, rather than generic Tuscan wines, many of these former farmers have decided to organize themselves to produce and bottle their wines under their own brand names. This is a great cause for quality and authenticity. However, there are many struggles in the market to overcome international distribution challenges. As a result, many wine lovers worldwide find it difficult to locate these bottles in their local wine shops. My entrepreneurial venture began with this dual goal: ➡️ supporting small to niche wineries by promoting their wines in my direct-to-consumer activities, events, tastings, and sometimes offering consultancy tips for them as well. ➡️ On the other hand, I aim to provide wine lovers worldwide with the opportunity to receive unique labels straight from the producers – hidden Tuscan gems that are almost impossible to find locally. At some point in your career, you need to do something that not only pays the bills but also gives meaning to your position in the business. How do you feel about it? #wine #entrepeneur #winebusiness —— 🍷 I am Claudia, WSET Lev. 3 certified wine professional. If you are fascinated by Tuscany but you don't know how to scout the most authentic and unique wines of this region🍷 𝙎𝙪𝙗𝙨𝙘𝙧𝙞𝙗𝙚 𝙩𝙤 𝙩𝙝𝙚 𝙬𝙞𝙣𝙚-𝙡𝙚𝙩𝙩𝙚𝙧 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙢𝙮 𝙬𝙚𝙗𝙨𝙞𝙩𝙚, 𝙖𝙣𝙙 𝙧𝙚𝙘𝙚𝙞𝙫𝙚 𝙨𝙩𝙤𝙧𝙞𝙚𝙨, 𝙬𝙞𝙣𝙚𝙧𝙮 𝙞𝙣𝙩𝙧𝙤𝙙𝙪𝙘𝙩𝙞𝙤𝙣𝙨, 𝙖𝙣𝙙 𝙢𝙮 𝙥𝙧𝙞𝙫𝙖𝙩𝙚 𝙨𝙚𝙡𝙚𝙘𝙩𝙞𝙤𝙣 𝙞𝙣 𝙥𝙧𝙚𝙫𝙞𝙚𝙬! 📩

#Bordeaux2021 in bottle – Some 600 reviews of the Bordeaux 2021 wines in bottle have just hit our database. Some of the 2021s in-bottle surpassed initial predictions, others were in anticipated score ranges, and a few didn’t live up to their promises. This report comes with a Swiftly written Modest Proposal, offering a solution to Bordeaux’s perceived pricing problem that has escalated since the 2021 vintage Primeurs campaign, causing much friction between the classified growths of Bordeaux and the negociants/merchants that buy and sell them. As readers will note, this introduction is just for fun, yet behind the satire is a serious message regarding the forthcoming pricing of the 2023s. With release prices due to start rolling out fast and furious next week, there is much at stake for the future of Bordeaux futures. Read more here ⬇ #winereviews #2021vintage #bordeauxwine #bordeauxfutures #satire https://lnkd.in/gS_-HkbC

'7 Ways That Catena Zapata Builds Markets and Grows Sales' Dr. Laura Catena shares insights with author Felicity Carter in this compelling article on Meininger's International Magazine. "Catena Zapata in Mendoza is now one of the world’s most admired wineries, whose flagship wines are distributed through the prestigious La Place de Bordeaux. And they have achieved all this while navigating the choppy waters of Argentina’s erratic economy." Curious to learn more? Explore the full article here: https://lnkd.in/d5qcmGiK #WineIndustry #BrandBuilding #MarketGrowth #BusinessStrategies #CatenaZapata #WineBusiness #Mendoza #Argentina

🍷 A Beginner’s Guide to En Primeur wines The practice of selling wine before it’s bottled, commonly known as en primeur or wine futures, is well established across many wine regions like Burgundy, the Rhône Valley, Piedmont and Port. It’s in Bordeaux, however, where the en primeur system is of greatest importance in terms of volume, revenue and attention. Each spring, the region welcomes wine buyers and critics who taste barrel samples from the previous year’s vintage. Through a well-established supply chain, we were able purchase these wines, but the actual delivery occurs months or years later when they’ve finally been bottled. 🍷 We still have Splints available in our En Primeur investment opportunity: Château Lafite Rothschild & Carruades de Lafite | 2023 Invest today: https://lnkd.in/ev6ihCaU