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2014 remains the best value Bordeaux vintage   

Last week saw a tentative start to this year’s Bordeaux En Primeur campaign with the releases of Château Batailley, Château Duhart-Milon, Carruades de Lafite and Château Cantemerle. 

So far, prices have either stayed the same as last year or declined very slightly. With the majority of releases still ahead, we examine where value currently exists among recent Bordeaux vintages. 

The chart above shows the average prices and scores of the Bordeaux 500 components from 2010-2020 to determine their fair value. 

As the chart shows, there are several recent vintages that offer relative value. For example, on average the 2016 and 2019 vintages have higher ratings but lower prices than the 2010s, 2015s, 2018s and 2020s. 

Bordeaux wines from the 2019 vintage have also been among the most traded in recent weeks. 

Looking at slightly older vintages, there is clear value in the 2014s. With an average score of 94-points from Neal Martin, the wines are also cheaper on average than the 2017 and 2012 vintages, which were rated 93 points. 

The 2014s have largely performed well since release. The table below shows the vintage’s top-rated wines and their performance post-primeurs. 

Château Figeac has seen the biggest price increase, up 163% over the last seven years. Fellow rising star of the Right Bank Château Canon has risen 93% in value, and Château Pichon Comtesse on the Left Bank is up 84%. 

Château L’Eglise-Clinet is currently available at a 0.7% discount to its release price – one of the only top-rated wines not to have risen in value since release. 

The 2014 vintage of Châtour Latour, which was released this March, is also down slightly. 

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Our Bordeaux En Primeur 2021 page contains everything you need to know about this year’s campaign. You can also sign up for our daily En Primeur email alerts using the form below.    


Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 560+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.