Cheaper wine will surge in sales by volume, while high-end wine sales growth will slow down. There will always be a global cabal of robber barons who are good to find a home for, at least per a 2017 Christie’s auction, $51,450 Jeroboams of 1990 DRC La Tache, but for pricey bottles that aren’t listed on the Liv-Ex 100—essentially an industrial average for collectible wines—demand is falling. Read more here.
