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Giles Cadman is Chairman of The Cadman Capital Group, a group of cohesive, complementary companies,
operating in the international trade, retail, leisure and investment markets.

Why The Price Of Burgundy Is Soaring In 2018

Why The Price Of Burgundy Is Soaring In 2018

Date: April 20th, 2018 Author: Giles Cadman Categories: What's New With Wine, Blog Post

Burgundy is a type of wine (technically a wine region) that you need to splurge on at least once in your life. In my opinion, only at times of celebration is when the bottle of Burgundy comes out. It’s incredible to me that such a tiny region in France can have such an impact on the fine wine landscape.

Burgundy is a luxury by definition. But when everyone thought the prices couldn’t soar any higher, the price of Burgundy has continued to increase well into 2018. One of the businesses in the Cadman Capital Group is Cadman Fine Wines – an online independent wine merchant, based in the UK (with no minimum order and worldwide shipping, I should add!). This was one of my first serious companies and I hold it near and dear to my heart.

Working in the wine industry, I watch the markets closely and am always looking to predict the next big trend. This brings us back to Burgundy.

What is Burgundy?

If you’re new to wine – great! I love to teach others about the good stuff. Burgundy is a delicious type of wine, made in the Burgundy region of eastern France, using 100% Pinot Noir grapes. White Burgundy is also exceptionally popular, made from 100% from Chardonnay grapes. If this sounds confusing, it doesn’t need to be. Basically, all you need to know is this: the region is home to some of the most expensive wines in the world.

Why is it so expensive?

It’s delicious, first of all. But secondly, Burgundian winemakers have been perfecting their grapes for centuries. This is what makes Burgundy quite interesting, as the region is like no other. It’s a long, narrow wine region, consisting of four districts – Chablis, Côte d’Or, Côte Chalonnaise, and Mâconnais) and one district that’s about 70 miles south of the other regions (Beaujolais).

All of these regions, more than any other wine region in the world, is influenced by its terroir. A terroir is a sense of place. Supposedly, when you drink a wine from Burgundy, you should be able to “taste” the region. Burgundian vineyard have been subdivided by a patchwork quilt of fences, walls, and property lines which also influence the terroir.

What subregions of Burgundy are the most profitable?

According to a new study from Wine Lister, the price of Burgundy has risen more rapidly than wine from any other fine-wine region over the last 6 years! The study also found that Grands Crus from the commune of Morey-Saint-Denis are the most frequently traded wines at auction. But, as a group, white Côte de Beaune Premiers Crus have increased the most in price. These price of wines have actually doubled over the last 5 years.

My top picks

As you can see, wines from the region continue to be quite promising. Here are my tops picks from Cadman Fine Wines.

  1. Denis Mortet, Gevrey-Chambertin 1er Cru Lavaux St-Jacques, 2009
  2. Dufouleur Frères, Clos Vougeot Grand Cru, 2009
  3. Pierre Bourée, Meursault, 2015

And if you really want to splurge, I recommend:

Domaine L Ponsot, Clos de la Roche Grand Cru (vieilles vignes) 2009 @ £475.00 inc VAT

Giles Cadman is Chairman of The Cadman Capital Group, a group of cohesive, complementary companies, operating in the international trade, retail, leisure, and investment markets. Learn more about Giles.

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