Now available to all: Bordeaux 2019 Closing Report, “The magic is back”

Each year, Liv-ex publishes two extended reports analysing the market dynamics surrounding the En Primeur campaign; one ahead of the campaign and another at its conclusion.

In July, we released our closing En Primeur reportBordeaux 2019: The magic is back, exclusively to Liv-ex members. We’re now making it freely available to everyone.

Key findings in the report:

  • The Bordeaux 2019 campaign grabbed the market’s attention in a time of great uncertainty and considerable financial stress
  • Using ‘Benchmark Critic’ scores, 2019 is the highest scoring vintage (on average) of the past 15 years
  • Price cuts helped reawaken demand and rebuild faith in the system
  • Big brands were often more fairly priced than the second and third tier wines
  • The reduction of volumes released was a source of continued frustration and narrowed the opportunity for merchants to develop a new generation of buyers
  • Merchants reported contrasting sales figures as part-time players saw an increase in sales, whereas En Primeur regulars reported sales drops considerably
  • On average, merchant sales by value decreased versus 2018, while sales by volume increased
  • An active secondary market developed, and for the first time in years, several wines are selling at a premium to release

You can now claim your complimentary copy of the report (in English, French and German) by filling the form below.