Talking Trade 16th of January: Burgundy leads the market as UK trade hosts 2024 vintage tastings
Burgundy claimed 37.1% of traded value. Bordeaux followed in second place with 30.1%.
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- Burgundy claimed 37.1% of traded value. Bordeaux followed in second place with 30.1%.
- For the second week running, Haut Brion 1989 was the top-traded wine of the week by value. Roulot’s 2023 Meursault and DRC, La Tache 2022 came in second and third.
- UK buyers pulled ahead, claiming 43% of traded value.
With tastings of the 2024 vintage taking place in London this week, Burgundy led the market, accounting for 37.1% of traded value, over 70% of which was purchased by UK buyers. The 2022s were the top-traded by value, though the 2023s traded most frequently.
Bordeaux followed in second place. With the 1989 vintage again in the top spot, Haut-Brion was the region’s top-traded wine overall. Petrus followed, a single bottle of the 1966 changing hands alongside several recent vintages.
Champagne’s share fell from 12.2% to 8.9%. Higher value, rarer wines led the region, with Salon and Dom Perignon P2 amongst the top traded wines by value.
The Rhone had a decent week, holding a 5.1% share. Jean Louis Chave was the region’s top-traded producer by value, with the Hermitage Rouge and Blanc and Ermitage Cathelin all trading.
Italy pulled back this week, both Tuscany and Piedmont seeing their shares decline. Giacomo Conterno and Biondi-Santi were the region’s top traded producers, rising ahead of the Super Tuscans who typically claim the top spots.
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