It’s too soon to judge the whole Burgundy 2022 en primeur campaign, ‘but what is clear is that it has so far gone better than many [merchants] dared imagine late last year’, said Liv-ex, a global marketplace for the trade, in a new report on the region.
Burgundy’s 2022 vintage marked a return to more normal yields, following the small 2021 crop. It has also received strong reviews from leading critics, including Decanter’s Charles Curtis MW, in his in-depth Burgundy 2022 en primeur report.
There was still some nervousness ahead of the campaign, said Liv-ex in a new report entitled ‘Burgundy 2022 – Hair of the dog‘.
A relatively high-yielding vintage has gone on sale amid a climate of risk-aversion and evidence of falling prices on the secondary market.
Despite some reports of long-standing buyers turning down allocations, Liv-ex added, ‘These high-quality wines would seem to be the “hair of the dog”, the hangover cure many buyers needed to keep buying (and drinking) Burgundy, supported in no small way by the views of major critics.’
Jason Haynes, Burgundy buyer and director at Flint Wines, said in early January that the group’s private client arm, Stannary Wines, had ‘noticed heavily oversubscribed pre-releases ahead of the official campaign’.
He said the team was seeing ‘pent up demand come to fruition’ for Burgundy 2022 releases.
Burgundy 2022 price rises ‘kept to a minimum’
Price rises have been a significant debate in recent years. Some Burgundy producers were forced to increase prices for
