Wine Market – Page 28 – Le blog iDealwine

Post author:iDealwine
Post published:5 April 2018

RECORD: German Riesling from Egon Müller fetches €12,160 at auction

It’s record after record here at iDealwine! First, we saw a bottle of Hermitage Cuvée Cathelin from Domaine Chave go for an impressive €8,512 at auction. This time, it was the exceptional Trockenbeerenauslese 1976 from Egon Muller that reached new heights: this German Riesling was cinched by a Chinese wine enthusiast for €12,160. Egon Muller’s superbly light sweet wines have become renowned for their finesse to the extent that they are now prized the world over. This domain has remained in the family since it was first founded in 1797. Jean-Jacques Koch’s (Egon…

Post author:iDealwine
Post published:19 March 2018

New record: €8,512 for a Jean-Louis Chave Cathelin Hermitage

This cult Hermitage domain continues to impress. The iDealwine auction on the 28th February saw a bottle of its almost unobtainable cuvée go for €8,512 to a Polish wine lover, an iDealwine record. Although the Chave dynasty goes back to the end of the 15th century, their current notoriety is somewhat more recent. On the 28th February, a bottle of the 2003 Cuvée Cathelin from Jean-Louis Chave sold for €8,512 at the iDealwine auction and put this domain squarely in the headlines. Wines from this domain have had a favourable reputation ever since…

Post author:iDealwine
Post published:9 March 2018

Auction Report: wines from Domaine Jacques-Frédéric Mugnier continue to soar

The trend may not be recent but it is certainly intensifying. Domaine Jacques-Frédéric Mugnier has magnificent plots in Musigny, Chambolle- Musigny Les Amoureuses and Bonnes-Mares, not to mention their monopoly in Nuits-Saint-Georges, Clos de la Maréchale. The latest auctions at iDealwine confirm a surge in the price of bottles from this domain. Founded in 1863 by Fédéric Mugnier, a liqueur manufacturer from Dijon, this Chambolle-Musigny domain initially spanned around 20 hectares in the heart of the Chambolle and Nuits-Saints-Georges appellations. At the time, the wines were sold under the label Château de Chambolle-Musigny…

Post author:iDealwine
Post published:15 February 2018

China on course to be the world’s second largest consumer market for wine by 2020

New wine import figures released by the Chinese government give us a glimpse into China’s consumer preferences in this burgeoning market. The latest report from the Chinese government reveals that in 2017 overall imports of bottled wine in China rose by 14.6% in volume and 16.4% in value compared to 2016, putting this country on course to be the second largest market in the wine industry by 2020. The figures also show that the Chinese are still buying French: French wines remain the market leader and account for 40% of the market share.…

Post author:iDealwine
Post published:5 February 2018

America leads the way in wine consumption

The latest study from Vinexpo/ International Wine and Spirit Research is out, and it makes for interesting reading. According to this research our friends across the pond are buying more wine than ever, and they’re spending more on it too. America has dominated the market for quite some time: it has been the largest wine consuming nation for the past 23 years and has shown consistent growth. Not only are American wine drinkers buying more wine than ever, they are also spending more than ever, with the average price spent on a bottle…

Post author:iDealwine
Post published:26 January 2018

Mixed case of 2010 Romanée-Conti goes for €36,723 at auction

A case of Romanée-Conti Grands Crus sold for €36,723 at auction at iDealwine on 18th January, a sale that sees a price increase of 30% for each wine. This case included some of the most sought-after wines from the legendary Domaine de la Romanée-Conti in Vosne-Romanée. This lot started the New Year off in style and sets the tone for 2018 auctions. No doubt the vintage of these wines affected the price enormously as 2010 is now being considered one of the strongest in France, especially in Burgundy. 2010 produced high quality wines…

Post author:iDealwine
Post published:26 January 2018

The 2016 vintage in France (part 1)

It’s here! The long awaited 2016 vintage is starting to appear on the shelves and, apart from having to endure a few freaks of nature, it was another good year in keeping with the excellent 2015 This week we are focusing on how the northern French regions fared from Alsace, Jura, Savoy and Burgundy to Beaujolais, Champagne and the Loire Valley. Alsace Dry whites: 16/20 Sweet wines: 14/20 Reds: 15/20 2016 will go down in history as an as unusual year, particularly concerning the staggering of the harvest from mid-September until the beginning…

Post author:iDealwine
Post published:22 January 2018

New Crus Bourgeois classification finalised

It's official: the new Crus Bourgeois classification was adopted at the end of 2017. And the outcome is… the reinstatement of the three former categories – Cru Bourgeois, Cru Bourgeois Superiors and Cru Bourgeois Exceptionnel – along with the reintroduction of the five-year ranking in line with the organisation's wishes. The Crus Bourgeois had been talking about it for long enough, and now it's happened. On January 4th, the decree of December 29th was published in the Journal officiel, confirming the change to the Crus Bourgeois classification. The headline news: a return to…

Post author:iDealwine
Post published:9 January 2018

Auction Report: Rayas & Bonneau

Rare wines and collectors’ bottles from former estates or from producers who have left the stage: iDealwine’s auction catalogues were full of these in the final auctions of 2017. Among them, two giants clashed in Châteauneuf: Domaine Henri Bonneau and the wines of Château Rayas. Two styles and two personalities to which wine lovers simply cannot remain indifferent. Here is a spotlight on the fine auctions of this sale. Jacques Reynaud, Henri Bonneau ... the memory of these two cult figures of Châteauneuf du Pape continues through their wines. The bottles produced by…

Post author:iDealwine
Post published:22 December 2017

Champagne & sparkling: still highly seasonal wines!

VinoVision Paris – an international trade show for wines from northern France – has published a fascinating analysis which overturns the received wisdom on the consumption of sparkling wines in France... and makes sobering reading for all the champagne lovers here at iDealwine. In the run-up to its 2nd edition, which is to be held from 12-14 February 2018, VInovision Paris has released a number of interesting statistics on sparkling wine consumption, generated by a study conducted by the Kantar Worldpanel institute. Lovers of champagne or other effervescent wines may find this next…