Wine Market – Page 37 – Le blog iDealwine

Post author:iDealwine
Post published:12 January 2016

China will be the top wine-consuming country by 2027

According to calculations by Coface (a French export credit insurer), China will be the top market for wine in the world in 2027, ahead of the United States, France, Italy and Germany. World wine consumption should rise by approximately 10% in the same time-frame, but will double in China (to 30 million hectolitres). China currently ranks fifth in the world for wine consumption with 16 million hectolitres drunk in 2014, but a dozen years from now, it will be in first place (it is already the leading consumer of red wine). Wine consumption…

Post author:iDealwine
Post published:8 December 2015

November 25th Auction Report: Rousseau, Verset, Château-Grillet, Clos Rougeard and Selosse rising

The latest online iDealwine auction, which closed on 25 November, featured an increase in the number of foreign bidders hailing from over 30 countries. They purchased 50% of the available lots – clear proof of the popularity of our vintages on the export market! These include Domaine Armand Rousseau, in Burgundy, where prices have risen again – and it is not alone. We take a closer look. One auction follows hard on the heels of another on iDealwine, and the end-of-year period is particularly fruitful both in terms of the diversity of wines…

Post author:iDealwine
Post published:24 November 2015

November 12th Auction Report: 1990 vintage, Romanée Conti, Jamet…

The proportion of foreign buyers in the latest auctions increased significantly, especially for the rarest and most expensive bottles. In the auction closed on 12th November, we could note a strong demand for the 1990 vintage as well as for special releases and collectors’ bottles. In Bordeaux, older vintages did particularly well as this bottle of Château Latour à Pomerol 1959 that went for €1,200 to a wine lover from Hong Kong. In Sauternes, a Château d’Yquem 1958 reached €840 (+25%). Beyond the most significant price evolutions, note Château Margaux 1990, sold…

Post author:iDealwine
Post published:22 November 2015

October 28th Auction Report

Stunning auction wines reach new heights The Online Auction that closed end of October saw 2,000 lots sold, with prices ranging from €10 to more than €10,000, the latter paid for a 2002 Romanée-Conti. Buyers from more than 30 countries competed, resulting in some of these wines to cross the €1,000 threshold – in some cases for the first time. Petrus, the undisputed star of Bordeaux In Bordeaux, it is clear that Petrus is still in the lead. This famous Pomerol recorded price increases of at least 10% compared to the iDealwine estimate,…

Post author:iDealwine
Post published:22 November 2015

The WineDex® registered slight rise in October

The iDealwine 100 index, which includes the great wines of Bordeaux, Burgundy and the Rhône Valley, remained relatively stable in October (+0.18%), at least compared to the CAC 40. But since January 2015, its progression has remained significant at +9.75%, and even more so over the last 12 months (10.46%). This is due to sharp increases earlier this year, with the inclusion of the 2010 vintage. It is once again the Burgundy indices iDealwinethat leads the pack, with an increase of 0.28% during October. A progress slower than in previous months, but…

Post author:iDealwine
Post published:25 October 2015

October 14th Auction Report

Nearly 600 buyers from over 30 countries in Europe, Asia and America have set their sights on the second auction of the month on iDealwine, closed on the 14th October 2015 Mature wines have been particularly demanded. In Bordeaux Petrus again lead the way with the 1988 to €1,480 an increase by 28% from its previous estimate. The mature wines of Château Margaux also demonstrated a strong demand: +49% for the 1990 vintage (€780), +20% for the 1982 (€672), the 2000 remaining stable at €720 and the 2009 starting to rise again at…

Post author:iDealwine
Post published:11 October 2015

Organic wines gaining popularity in Europe

Ipsos and Sudvinbio1 conducted in July 2015 a study on European consumption and organic wines and have just released encouraging results and findings for this part of the wine industry. As part of a better public sensitivity for the environment and traceability, organic wines appear to offer an increasingly interesting option. Less than two months before the COP 212, this study on European consumption of organic wines3 is so timely. The results are very positive since the consumption of organic wines appears to consumers primarily as a response to environmental problems. The Swedish, champions in…

Post author:iDealwine
Post published:11 October 2015

September Auction Report

The Online Auction that closed on 30 September saw buyers from around the world battle to get their hands on certain bottles. Prices soared with several rare bottles, especially Montrachet of Comtes Lafon, Cornas of Noël Verset and Arbois of Overnoy. Mature Bordeaux staring This Online Auction comprised a significant proportion of Bordeaux grands crus, although this tendency seems to decline over time, with buyers broadening the spectrum of their purchases. These wines represented 40% of the lots sold at this Online Auction. Château Mouton Rothschild confirmed its position as a star…

Post author:iDealwine
Post published:11 October 2015

iDealwine WineDex® indice on the rise since January 2015

iDealwine indices continued their upward trend in September, registering an increase of 9.55% since the beginning of the year. The wines of Bordeaux and Burgundy have pulled up the performance of this fine wine auctions’ indice, while the wines of the Rhône remained stable. The iDealwine indices enroll in an uptrend since the beginning of the year, eventhough the curve has inflected in recent months. Bordeaux wines are rising again after a virtually stable year. The regional index rose by 0.47% in September. Among the vintages represented in the index basket, the…

Read more about the article Rare Veuve Clicquot cuvées on Auction

Veuve Clicquot iDealwine

Post author:iDealwine
Post published:13 September 2015

Rare Veuve Clicquot cuvées on Auction

The current Online Auction closing on Wednesday 16th September displays a rare collection of 50 cuvée from Veuve Clicquot going back to 1975 vintage. All the bottles come from the cellar of a very fine wine collector from Champagne, particularly careful with the conditions of conservation of his wines. Although Veuve’s Clicquot generic Yellow Label will never be an auction’s blockbuster, the famous champagne house also produces a few truly exceptional cuvées from its premier and grand crus vineyards. Always dominated by Pinot Noir, the best vintages offer extremely complex and refined wines.…