Wine Market – Page 32 – Le blog iDealwine

Post author:iDealwine
Post published:17 July 2017

Leroy cuvées, Europe and Asia fight over them | Auction report

The online auction on iDealwine, closed on 28th June, saw many wines from Domaine Leroy record significant price increases, reaching sometimes exorbitant levels. Domaine Leroy, from Côte-de-Nuits, regularly hits the headlines of our auction reports, with continuous rising prices for these sought-after wines around the world. Once again, during the iDealwine auction, which closed on 28th June, bottles vinified by the famous Lalou Bize-Leroy kindled the lust of French, British and Hong Kong enthusiasts, who didn’t hesitate to increase prices well above iDealwine’s estimates. Domaine Leroy, created in the late 1980s by the…

Post author:iDealwine
Post published:15 July 2017

WineDex®: increase of 5,25% for iDealwine’s indices during 2017 first semester

iDealwine's iDealwine indices recorded moderate but steady growth in the first half of the year, with their increasing performance of 5.25% at the end of June 2017. Analysis. The iDealwine indices measure the price fluctuations of a selection of top Bordeaux, Burgundy and Rhône wines at auction. These indicators are calculated from the iDealwine auction price estimates, and each of the wines included in the iDealwine indiceselection are declined in the 10 most recent vintages available at auction (currently 2003-2012). Unsurprisingly, iDealwine indices recorded moderate growth during the first half of the year,…

Post author:iDealwine
Post published:13 July 2017

2017 first half: already more than 56,000 bottles auctioned on iDealwine

In a market still dominated by Bordeaux and Burgundy Grands Crus, iDealwine sold during this year’s first semester 56,020 bottles (i.e more than 23,000 lots) at auction. Sellers can rub their hands: over the entire period more than 90% of the bottles were sold. During the past months, fine trends have emerged, bringing a breath of fresh air in this sector traditionally amateur of renowned classic names. Between 1st January and 30th June 2017, the iDealwine platform saw more than 23,000 lots (23,679 more precisely) change hands during the 14 online auctions held…

3d rendering EU and Japan flag waving

Post author:iDealwine
Post published:11 July 2017

The end of customs duties for European wine imports to Japan?

The European Union and Japan signed a free trade agreement on Thursday 6th July, which includes the abolition of customs duties on French wine imports to Japan. A very promising agreement for the sector. Last Thursday at the Viticulture Congress, European Agriculture Commissioner Phil Hogan announced that "The European Union and Japan today signed a free trade agreement, which is extremely positive for our food sector. And more particularly for wines, which will be imported without tariffs ". This agreement will be effective from 2018 and is expected to save €145 million…

Post author:iDealwine
Post published:10 July 2017

iDealwine secures its position as the leading French wine auction house

The French public auction regulation authority, the CVV (Conseil des ventes volontaires), has recently published its annual activity report for 2016. The wine auction market showed good growth (+12%) and for the 3rd consecutive year, iDealwine ranked first, accounting now for a quarter of total wine sales. A great recognition for our global platform, which gathers buyers from more than 55 countries. Wine auction, a healthy niche market The CVV just presented its activity report for 2016 auctions. After a very slight increase (+3%) in 2015, the "wine and spirits" category accelerated its…

Post author:iDealwine
Post published:7 July 2017

Sparkling wines: global trends and challenges

Since 2009, we can observe an increasing worldwide production of sparkling wines, with 24.1 million hectolitres produced in 2016. With 86% of the world production, Europe is from far the leader. Italy holds the first position (22%), followed closely by France (19%), Germany (15%), Spain (12%), Russia (10%) and the USA (6%). Although, more and more sparkling wines come from the New World, with an increased 30% volume over the past 7 years. Moreover, Italy and England have a growing production in 2016, conversely to France who is stable and Spain decreasing. 83%…

Post author:iDealwine
Post published:28 June 2017

Clos Rougeard has officially been purchased by the Bouygues brothers

Martin and Olivier Bouygues confirmed purchasing Clos Rougeard, a mythical domain from the Loire. This announcement was highly awaited, as the Revue du Vin de France reported negotiations beginning of January. A new chapter for French vineyard history. Vines that have never seen any inputs Clos Rougeard is an 11-hectare domain located in Chacé a few kilometers away from Saumur. Its reputation was built on the wonderful work accomplished by the Foucault brothers: Jean-Louis (also known as "Charly") and Bernard (aka "Nady"), the 8th generation of vine growers settled on this great Saumur-Champigny…

Post author:iDealwine
Post published:27 June 2017

Meursault Premier Cru Les Perrières booming | Auction report

The latest online auction on iDealwine which closed on 14th June, offered many Meursault Premier Cru Les Perrières from the most beautiful domains: Coche-Dury, Roulot, Domaine des Comtes Lafon, Pierre Morey and Vincent Dancer. These bottles widely grab the attention of bidders around the world and some prices soar significantly. Most of the lucky bidders were French, American and from Hong Kong. It is important to say that this premier cru from Meursault is one of the greatest white wines from Burgundy, its climate is so qualitative and sought after that it is…

Post author:iDealwine
Post published:23 June 2017

French vineyard market: rising prices in 2016

The FNSafer has just published its long-awaited annual report on the French vineyard market prices. Here is a brief summary of figures and analysed trends for 2016. The FNSafer (National Federation of Land Development and Rural Settlement Companies) is a French association for rural properties allowing farmers to start in the rural, artisanal, agricultural or environmental sector by guiding them in the management of their project and providing them the requested tools and analysis. The report features a detailed analysis of the vineyard market. However, vineyards transaction specialist caution readers about the accuracy…

Post author:iDealwine
Post published:15 June 2017

When Brexit becomes a wine issue or an opportunity

The UK has always been one of the major players for world wine imports. Indeed wine consumption accounts for more than one-third of UK alcohol consumption in volume. French wine exportations to England go back a long time ago. During the XIIth century, Bordeaux region was British and thanks to maritime paths many barrels were exported to England. Brits have always enjoyed drinking fine wine and especially French. Brexit may have consequences on this historical pleasure. The impact of Brexit on wine trade From a macroeconomic point of view, Brexit will…