Author: Leah Vieira Da Cruz

Categories
Learn

Wine bottle sizes and their importance explained

Chatea Pape Clement Wine Bottle Sizes
  • Bottle sizes play an important role in the investment landscape.
  • How many ml are in a bottle of wine influences maturation and value.
  • Prestigious regions favour different bottle sizes for ageing.
  • Careful consideration of varying bottle types is critical for a wine investment strategy.

Standard, Magnum, Jeroboam, and Melchizedek: Understanding wine bottle sizes is key for wine investors. Wine bottle size impacts how wine matures, its value, and its portfolio performance. This guide covers the names, background, and advantages of each size, helping wine investors navigate which formats are optimal for their strategy and have the potential for long-term returns.

Wine bottle sizes

There is more to the wide array of wine bottle sizes than their intriguing names. The size of a bottle, whether a Piccolo or a Melchizedek, is crucial in wine maturing and value. From an investment and collecting point of view, knowledge about how many mls in a bottle of wine informs decisions on choice, storage, and how long to hold an asset.

This guide demystifies the names, uses, history, and importance of different wine bottle sizes, explaining the advantages of each for both established and newcomer investors.

Wine bottle sizes names

Split/Piccolo (187 ml / 18.7 cl)

The Split, or Piccolo (meaning “tiny” in Italian), contains a single serving of wine. It is most usually used for sparkling wines like Champagne or Prosecco.

Advantages

  • perfect for individual glasses
  • when from a prestigious house, adds charm to a wine collection

Half-Bottle (375 ml / 37.5 cl)

A half-bottle holds 2.5 glasses of wine. It is commonly used for still styles destined for early enjoyment and dessert wines such as Sauternes.

Advantages

  • offer a unique tasting experience
  • affordable route to rare wines

Half Litre/Jennie (500 ml / 50 cl)

The Jennie is not as common as the previous two sizes. How many ml in a bottle of wine of this size? The answer is 500ml or three glasses. It is usually found in parts of Germany and regions like the Loire Valley, typically for sweet wines.

Advantages

  • ideal for smaller servings (sweet or dry)
  • adds variety to collections

Standard Bottle (750 ml / 75 cl)

This is the size investors and collectors are most familiar with. This global benchmark has endured since the 19th century and was standardised in the 1970s. It contains five glasses, making it a practical and versatile option for daily use and cellaring.

Advantages

Litre Bottle (1 litre / 100 cl)

This bottle size holds 1.33 standard bottles. It is a common sight in European table wines. The Litre Bottle is less prevalent in collections of fine wines.

Advantages

  • offers practicality for casual drinking
  • ideal for large gatherings

Magnum (1.5 litres / 150 cl)

How many mils in a bottle of wine named a Magnum? This holds 1.5 litres and has a firm place in the world of collecting and investing because of its maturation-enhancing attributes. It is especially prevalent among premium wines from Bordeaux, Burgundy, and Champagne. The name derives from the Latin for ‘large’ and has been used since the end of the 1700s.

Advantages

  • volume allows wine to mature gradually, enhancing complexity
  • prized for both prestige and superior maturation capacity

Larger and less common bottle sizes

We now enter the world of the large wine bottle format. The names become even more exotic, historical, and often biblical. The significance for collectors and investors is even more notable. 

Jeroboam/Double Magnum (3 litres / 300 cl, 4.5 litres/ 450 cl, 5 litres/ 500cl )

The Jeroboam, or Double Magnum, contains four times the quantity of wine as the standard bottle. The first documented use of this name dates to the early decades of the 18th century in Bordeaux. It was named after a biblical king to signify its superior size. How many ml is in a bottle of wine with these names depends on the region. In Champagne and Burgundy, both names can refer to a 3-litre capacity, while in Bordeaux, this quantity solely means Double Magnum. In the same region, a Jeroboam indicates 5 litres.

Advantages

  • ideal for high-quality wines and long-term ageing
  • offers rarity and collectability

Rehoboam (4.5 litres / 450 cl)

This big bottle of wine is known as the Rehoboam, the name of the biblical king who was the son of wise man Solomon. This size is common in fine wine regions, Champagne and Burgundy.

Advantages

  • allows wines to mature slowly and steadily, deepening complexity
  • especially prized for Grand Cru reds

Methuselah/Imperial (6 litres / 600 cl)

Often referred to as an “Imperial” in Bordeaux, the Methuselah is named for the longest-lived figure in the Old Testament (969 years). While nearly a millennium in the cellar might be a challenge for even the finest of wines, the name does nod to the longevity offered by large-format wines. This 6-litre size is highly valued in Champagne, Bordeaux, and Burgundy for the maturation it facilitates.

Advantages

  • for wines destined for long-term ageing
  • valued for rarity and maturation potential

Salmanazar (9 litres / 900 cl)

Also falling into the category of “big bottles of wine”, the Salmanazar has the capacity for 12 standard bottles. Most often associated with Bordeaux and Champagne, this size is named for a dynasty of Assyrian kings who had vast kingdoms in the BC era.

Advantages

Balthazar (12 litres / 1,200 cl)

Balthazar bottles hold 16 standard bottles. They are used for the finest-quality wines, destined for gradual, complex evolution. This large format aids in the slowing of unwanted oxidation, allowing elegant ageing. Balthazar was one of the biblical wise men and an ancient king.

Advantages

  • very large bottle of wine ideal for slow, finessed evolution
  • valued for combination of rarity and prestige

Nebuchadnezzar (15 litres / 1,500 cl)

A Nebuchadnezzars is the equivalent to 20 standard bottles. These rare formats are delegated to the most prestigious wines, especially those from Bordeaux or Burgundy. This format takes its name from another biblical source: Nebuchadnezzar, Babylon’s greatest king, who transformed his kingdom into a magnificent land.

Advantages

  • size facilitates slow, finessed evolution
  • rare and prestigious bottle format

Rare and colossal formats

This section is dedicated to massive bottles of wine. These formats are reserved for top vintages and appellations. They are among the most prized sizes for investment and collecting. They are usually named after biblical kings and figures to symbolise generosity, grandeur, and abundance.

Melchior (18 litres / 1,800 cl)

This huge bottle of wine contains 18 litres. Named Melchior after one of the three wise men, this format is exceptionally rare, reserved for top vintages from premium regions like Bordeaux, Burgundy, and Champagne.

Advantages

  • size allows deep, gradual evolution
  • valued for both rarity and quality.

Solomon (20 litres / 2,000 cl)

Solomon was the biblical king admired for his wisdom, wealth, and eloquence. Solomons are reserved for ceremonial releases and special editions, usually in blue-chip regions like Bordeaux and Burgundy. Their historical significance, along with their rarity make them highly valuable.

Advantages

  • Rare and prized
  • Historical value
  • Capacity supports finessed evolution

Sovereign (22.5 litres / 2,250 cl)

This massive bottle of wine brings us from ancient to modern times. It was introduced by Taittinger Champagne house in 1988, when it was used to christen the world’s largest cruise ship, the Sovereign of the Seas. This format is associated with luxury and the most celebrated wines and vintages.

Advantages

Primat/Goliath (27 litres / 2,700 cl)

This is nearly classed as the largest wine bottle. Colossal, with a capacity of 27 litres or 36 bottles, Primat is synonymous with exclusivity. Also called Primato or Goliath after the giant biblical warrior, it is reserved for the finest Bordeaux, Burgundy, and Champagne. Its volume capacity amplifies ageing potential and value. The name Primat is derived from the Latin for “first class”. In the wine world, it was used for the first time in 1999.

Advantages

Melchizedek/ Midas (30 litres / 3,000 cl)

The biggest wine bottle format in the collecting and investment space is the Melchizedek, with a capacity for 40 bottles. Nicknamed the “king of all bottles”, this exceptionally rare format is used for Grand Vins and special releases, showcasing the pinnacle of prestige, rarity, and ageing capacity. It is named after a biblical king and priest famed for his wisdom and foresight. The moniker “Midas” refers to the Greek mythological king known for turning everything he touched into gold. The name reflects the ultimate luxury of this size.

Advantages

The large wine bottle: Regions and history

Wine bottle sizes have taken centuries to evolve. In early viniculture, before glassmaking developed, wines were stored in clay vessels. To provide gravitas, many large bottle sizes of wine were named after well-known biblical or historical figures.

The choice of size of a bottle of wine varies regionally. Champagne favours Magnums and the Jeroboams size for ageing, Bordeaux prefers large wine bottle sizes for reds, and Burgundy prefers them for Grand Crus. In other premium regions such as Tuscany, the Rhône, and Rioja, similar practices mirror local winemaking traditions and styles.

Wine bottle sizes: Impact on wine ageing and value

How many milliliters in a wine bottle influences oxidation and the pace and depth of maturation. The greater the height of a bottle of wine and the wine bottle diameter, the slower the ageing process is, resulting in complexity over decades. Investors and collectors prize a very large wine bottle like Magnums, Jeroboams, and Methuselahs for longevity, stability, rarity, and, often, higher market value than the standard size of a wine bottle.

Size of wine bottle: Collecting and investing

Market value

Larger bottles command premium prices owing to their rarity, ageing capacity, and prestige. Magnums, Jeroboams, and Methuselahs from Bordeaux and Champagne are highly valued, elevating both portfolios and collections.

Investment potential

Slow-maturing wines in large formats often appreciate over the years. Limited editions or special releases increase value, making them excellent choices for long-term investment horizons.

Display prestige

The largest bottle sizes enhance cellars with their value and prestige. Large wine bottles speak of wine expertise and add aesthetic and financial value to collections. 

Final thoughts: wine bottle sizes and names

From the tiny Piccolo to the massive Melchizedek, wine bottle sizes impart history and symbolism, and influence the wine itself. An understanding of how many mls in a bottle of wine can help collectors and investors appreciate the position of different sizes.

Next time you review your wine investment strategy, think about wine bottles sizes. They’re more than vessels with colourful names; they have the potential to transform your portfolio.

FAQs

  1. Why do collectors admire big-format bottles of wine so much?
     Large formats like Magnums and Jeroboams aren’t just visually impressive – they age more gracefully thanks to slower oxidation. This means finer texture, deeper complexity, and often a higher market value over time.
  2. Is there a real benefit to buying unusual sizes like Salmanazar or Melchizedek?
    Yes. Beyond the spectacle, these huge bottles are produced in tiny quantities. Their rarity, combined with exceptional ageing potential, makes them sought-after assets in wine investment portfolios.
  3. How many ml are actually in a bottle of wine – and why does it matter?
     Bottle size can range from 187 ml Piccolos to 30-litre Melchizedeks. The volume affects how wine develops, how rare the format is, and ultimately how desirable it becomes on the secondary market – key factors for collectors and investors alike.

WineCap’s independent market analysis showcases the value of portfolio diversification and the stability offered by investing in wine. Speak to one of our wine investment experts and start building your portfolio. Schedule your free consultation today

Categories
News

How the EU-India trade deal could reshape the fine wine market

Red wine bottles layed in a cellar
  • India remains one of the smallest wine markets globally, but consumption is growing rapidly from a very low base.
  • The latest EU-India trade deal marks the first meaningful step toward tariff liberalisation, improving long-term access for European wine.
  • History shows that when large markets open gradually – as China did in the early 2000s – collector demand and investment interest can follow.

India and the European Union announced a major step forward in trade relations last week, with Brussels hailing the agreement in principle as one of the most significant developments in modern EU trade policy. Among the headline areas under discussion: India is expected to begin easing tariffs on European wine, alongside beer and olive oil, as part of a broader push toward gradual market liberalisation.

At first glance, wine may seem like a footnote in a deal dominated by cars, textiles, pharmaceuticals, and geopolitics. But for the fine wine world – and particularly for the long-term evolution of wine investment demand – India’s gradual market opening could prove far more consequential than current consumption figures suggest.

India’s wine market growth: Small base, rapid expansion

India remains one of the least developed wine markets in the world relative to its population.

Wine represents well below 1% of the country’s total alcohol consumption, and India accounts for only a tiny fraction of global wine imports. Total annual consumption is still modest, with domestic producers supplying the majority of the market.

On a per-capita basis, the numbers are striking: India consumes approximately 0.02 litres per adult per year – the equivalent of a single tasting measure per person annually.

To put that in context:

  • Australia consumes over 20 litres per capita
  • France and Italy sit above 40 litres
  • Portugal leads the world at more than 60 litres

India may be the world’s most populous country, but wine remains a marginal category.

And yet the trajectory is clear: India’s wine market has been expanding at double-digit rates, making it one of the fastest-growing alcoholic beverage segments in the country.

Market researchers project India’s wine market could reach around $520 million by 2028, and potentially approach $1 billion by 2034 – still small globally, but significant given today’s base.

Wine consumption in India: A premium lifestyle category

India’s alcohol market remains overwhelmingly dominated by spirits and beer:

  • Spirits: ~53%
  • Beer: ~46%
  • Wine: less than 1%

In high-income economies, wine often represents around 27% of alcohol consumption, and the European region sits closer to 31%. India’s wine market is therefore not simply small; it is structurally underdeveloped. But this is also why the upside is so significant.

Wine is increasingly positioned not as mass alcohol consumption, but as a lifestyle and premium category, particularly in major urban centres. It is also uniquely aligned with the growth of India’s middle class, which comprised 31% of the population in 2023 and is projected to reach 60% by 2047.

Indian wine imports are rising in urban premium markets

Imported wine remains a small segment in absolute terms, but it is gaining visibility in affluent metropolitan markets such as Mumbai, Delhi, and Bengaluru.

European exporters have reported steady growth, and producers are increasingly investing in distribution networks, brand-building, and consumer education.

Crucially, wine markets almost always develop first in wealthy cities before broadening nationally – and India’s trajectory so far fits that pattern.

India’s wine import tariffs: The key barrier to European wine

For decades, India’s wine market has been constrained less by demand than by access.

India’s 150% wine import duty has historically restricted European wine exports, making imported bottles prohibitively expensive. On top of federal tariffs, each Indian state layers its own excise regime, often inflating shelf prices dramatically.

In practice, imported bottles can end up three to five times more expensive than comparable wines in other major markets once all taxes and fees are applied.

Any reduction in national duties would therefore be meaningful since it will start to unwind the single largest structural barrier at the federal level.

True liberalisation, however, would still require significant state-level reform.

India alcohol taxes: State-by-state barriers remain

India’s wine market is extremely fragmented. States fall into four distinct regulatory environments:

  • Private distribution markets – Maharashtra, Goa, Haryana
  • Government monopoly models – Tamil Nadu, Kerala, Delhi
  • Auction and lottery markets – Punjab, Chandigarh
  • Dry states – Bihar, Gujarat, Nagaland, Mizoram

Even where excise rates are manageable, barriers remain high through label registration fees and entry costs. Delhi, for example, charges a Rs. 2 lakh brand fee, while other states impose steep registration hurdles.

Northern states have even introduced “cow cess” levies — welfare fees on every bottle of wine to fund cattle shelters.

This complexity means that India’s market opening will be uneven, gradual, and city-led.

Wine education on the rise

Fine wine markets do not develop through income alone. They require education.

The rise of figures such as Sonal Holland MW, India’s first and only Master of Wine (since 2016), reflects the growing sophistication of India’s wine ecosystem. Her academy and the India Wine Awards are helping to build a professionalised culture of tasting, curation, and consumer knowledge.

This shift matters enormously: investment demand does not emerge without informed appreciation of provenance, scarcity, and value.

EU–India trade deal arrives in a fragmented global trade world

It is impossible to separate this agreement from the wider context in which it has arrived.

Global trade is becoming more fragmented. Tariff regimes are increasingly politicised, supply chains are being re-evaluated, and cross-border flows of goods are being reshaped by geopolitics as much as economics.

The wine market is not immune. Over the past year, the fine wine industry has been watching renewed trade tensions between the US and key partners, alongside uncertainty around tariffs, shipping, and market access. In that environment, any meaningful liberalisation elsewhere carries outsized importance.

India’s decision to begin lowering duties on European wine therefore signals a gradual shift toward integration, and it is coming at a moment when much of the global trade landscape is moving in the opposite direction.

For fine wine, where demand is global but supply is finite, the emergence of new consumer markets has always been one of the most powerful long-term drivers of price appreciation.

China’s wine boom shows what happens when large markets open

The closest modern parallel to the opening of the Indian wine market is China.

In the early 2000s, China’s wine market was similarly underdeveloped. But gradual reductions in trade barriers, expanding distribution, and the emergence of gifting culture created one of the most dramatic demand transformations the wine world has ever seen.

By the late 2000s and early 2010s:

  • Bordeaux became a symbol of luxury
  • Auction activity surged across Asia
  • Global pricing dynamics shifted

India today is not China in 2010. Its regulatory structure is more fragmented, its per-capita consumption far lower, and cultural constraints are more pronounced.

But the structural similarities remain notable:

  • A vast population starting from a low base
  • Rapid urban wealth concentration
  • Wine positioned as aspirational luxury
  • Increasing education and professionalisation
  • Early steps toward reduced import barriers

In markets of this scale, even modest shifts in penetration can carry long-term implications.

What this could mean for fine wine investment

For investors, the key takeaway is not that India will suddenly become a dominant importer of blue-chip Burgundy or Champagne.

The market is still highly taxed, highly regulated, and structurally complex. State-level excise regimes, distribution monopolies, and steep registration costs remain major constraints. True liberalisation will take years.

However, fine wine investment is not driven by today’s consumption alone – it is driven by expectations of future demand.

Opening markets matter because they create:

  • Greater accessibility
  • More transparent pricing
  • Broader consumer participation
  • And, crucially, the early foundations of collector culture

India is not there yet but may now be entering the first stage of a familiar cycle: from niche consumption, to aspirational luxury, to informed collecting, and eventually, to investment-grade demand.

A wine market to watch

In a world where global trade is becoming more fragmented, even the gradual opening of a market of 1.4 billion people is one of the most important long-term developments the fine wine industry can watch.

The industry has speculated for decades about what India could become for fine wine. Now, for the first time, the market may be beginning to find out.

 

WineCap’s independent market analysis showcases the value of portfolio diversification and the stability offered by investing in wine. Speak to one of our wine investment experts and start building your portfolio. Schedule your free consultation today

Categories
News

Burgundy En Primeur 2024 and the current market

Burgundy En Primeur Barrel
  • The 2024 Burgundy vintage is low volume with a classic profile
  • Informed selection of reputable domaines and appellations is essential when making purchasing decisions.
  • Burgundy wines showed signs of bounce in Q3 after steady price decline
  • The region remains a major player in the fine wine market despite shifts in Power 100 index

The 2024 Burgundy vintage is characterised by scarcity, precision, and classical elegance. A challenging growing season resulted in sharply reduced yields across the region, notably in red Burgundy wines. However, careful vineyard and winery management produced wines, albeit in smaller volumes, of exceptional quality, balance, and typicity. This is especially evident from Grand Cru and Premier Cru holdings.

This year’s En Primeur campaign unfolds against a complex market environment backdrop: previous vintages are still competing on the secondary market and fine wine pricing is showing cautious signs of stabilisation. This environment is offering collectors and investors opportunity and selectivity from the year’s best Burgundy wines.

This report examines the 2024 Burgundy vintage. It compares reds and Burgundy white wine, highlights standout domaines and appellations, and positions the campaign in a wider market context. This overview provides insights for both investment potential and enjoyment.

2024: Scarcity, vibrancy, and intensity

The defining characteristic of the 2024 Burgundy vintage is that of reduced volumes owing to a difficult growing season. Yields saw significant losses across the region, especially for red Burgundy wines. However, diligent work in the vineyard and winery resulted in wines that display a modern character with an old-school profile. The vintage is widely regarded as a year for admirers of classic, timeless Burgundy wines after a run of (with the exception of 2021) hot summers.

Chablis producer, Samuel Billaud, described the year as “a combination of 2014 (freshness and vibrancy) and 2021 (concentration and intensity of fruit).”

Climatic conditions and alcohol levels in 2024

Cool, wet conditions in spring led to coulure, resulting in reduced yields for Bourgogne red Burgundy wine. Chardonnay was not as badly affected. Spring and summer rain meant mildew and disease also posed a threat, which vignerons tried to deal with through repeated vineyard treatments where possible. Chablis was the worst affected, with yields often under 10hl/ha (usually 50hl/ha). The Côte de Nuits hovered around 15hl/ha. In the Côte de Beaune, red Burgundy grapes yields were at around 50% of typical levels. Chardonnay fared better at about 40hl/ha. Some areas, like the Mâconnais, had normal yields for Mâcon Burgundy. Lower-lying vineyards suffered more than mid-slope holdings. Localised hailstorms also added stress to vineyards. A clement late summer and a cool, dry north wind helped salvage the harvest.

  • Chardonnay’s greatest terroirs benefited from the cool, accentuating typicity and depth.
  • Pinot Noir’s low yields ultimately meant good phenolic maturity and intense ripeness.

Domaines demonstrated meticulous vineyard management and rigorous sorting to mitigate the impact of mildew. Potential alcohol levels across the vintage largely fell short of 13% abv. Some winemakers mitigated this with selective chaptalisation by half a degree. Both tartaric and malic acidities were higher than the previous year. During élevage, this resulted in softer, creamier acidity in fresh, zippy wines.

Reds vs white Burgundy wines: the essence of vintage quality

Like the previous vintage, 2024 was the year of Chardonnay, but Pinot Noirs also displayed grace, character, and balance. Many commenters noted that modern vineyard and winery methods had made finessed red Burgundy wines possible in conditions that would have written off Pinot Noir even just 25 years ago. The consensus was that the style for both reds and whites was traditional and classic, with a modern elegance.

Burgundy white wine featured:

  • Fresh acidity
  • Restrained, concentrated citrus
  • Precise minerality and structure

Grand Crus and Premier crus benefited from the cool weather conditions more than the Villages sites located on lower slopes. Standout appellations include: 

  • Puligny Montrachet wine, such as Les Caillerets
  • Chablis Grand Cru Les Preuses
  • Chevalier Montrachet Grand Cru 

Burgundy Pinot Noir is one of the recent best Burgundy years for:

  • Small quantities
  • Concentrated fruit
  • Elegant, precise profiles

The vintage’s Pinot Noir yields were greatly reduced by the weather, but the wines were classic, expressive, and understated. Carefully timed harvest and stringent sorting resulted in reds with transparency, a core of red fruit, and supple tannins. 

Notable successes include:

  • Gevrey Chambertin Les Dix Climats
  • Volnay 1er Cru Clos des Chenes

Overall, producers such as Samuel Billaud, Domaine Drouhin-Laroze, Pierre-Vincent Girardin, Domaine Y. Clerget, and Simon Colin have been praised for fresh, chiselled Burgundy wines with dynamism and terroir transparency.

Comparing 2023 vs 2024 Burgundy

Comparisons between the 2023 and 2024 Burgundy vintages are inevitable.

  • 2023: Large quantities, wide variability, precision-driven wines
  • 2024: Low volumes (notably of Burgundy red wine grapes), classic, elegant wines with concentrated fruit

Several growers and critics have noted similarities between 2024 and great Burgundy vintages for key characteristics: 2014 for its Burgundy quintessence and 2021 for its intense fruit.

Buyers should approach 2024 with a focus on appellation and domaine, rather than a broad perspective. 

Burgundy 2024 in market context

The Burgundy En Primeur 2024 campaign unfolds against a unique market backdrop.

  • The volumes of 2023 and 2024 mean that there is the potential for competition from previous vintage stock
  • Following a 5-year steady decline in prices, in Q3 2025, Burgundy showed signs of stabilisation with a slight bounce in prices
  • Out of the leading fine wine regions, Burgundy wines had the most movement in the Power 100 index, with ten brands dropping out and nine entering
  • Most climbers are mid-range wines priced under £2,000 in a movement towards prioritising Burgundy to enjoy, not solely as an investment asset
  • Top tier in the Classification Report dominated by Burgundy
  • The region retains a 25–30% share of the global fine wine market, underlining its enduring importance
  • Burgundy continues to demonstrate resilience driven by scarcity and long-term demand

Overall, the best Burgundy wine still constitutes a market juggernaut, but demand is price sensitive. Burgundy vs Bordeaux wine (the dominant fine wine region) comparisons will be accentuated by the En Primeur pricing approach. Commentators and producers alike project Burgundy prices to be reasonable despite a low-volume vintage.

Pricing strategies and producer behaviour

Understanding market conditions, many producers are flexible about their 2024 pricing approach.

Key influencers include:

  • Lower yields by themselves do not automatically justify higher release prices
  • Pricing impacted by values of back vintages of Burgundy wines
  • Producers face margin pressure, but stock inactive in the supply chain has no advantages
  • Burgundy learned that Bordeaux En Primeur overpricing in recent years reduces incentive for early buying
  • Low yields mean the best 2024 wines could be fiercely contested

More limited 2024 yields compared to 2023, sensible pricing, and lessons from Bordeaux hint that demand will be robust for the scarcest, highest-quality wines.

Competition from the secondary market

A key influence on the Burgundy En Primeur 2024 campaign is competition from the secondary market.
Well-stored top rated Burgundy wines from recent strong vintages are maturing well and available at attractive prices. Additionally, market softening has made buyers and investors less willing to purchase at any price. The options are to:

  • Secure 2024 En Primeur at fair pricing (“fair” meaning Bordeaux vs Burgundy En Primeur pricing referenced above)
  • Choose established older vintages with track records

This landscape puts pressure on producers for reasonable pricing and rewards buyers who carefully assess value across multiple vintages.

How buyers should approach Burgundy En Primeur 2024

With such low yields and varied performance across appellations and even plots, the 2024 campaign demands a selective and discerning approach rather than indiscriminate buying.

Essential takeaways:

  • Reduced volumes
  • Pressure to price according to market
  • Classic styles (reds and Burgundy whites)
  • Grand Crus and top Premiers Crus across regions in Burgundy benefited most from the cool, precise vintage
  • Signs of gradual market uptick 

Whether or not 2024 is one of the best Burgundy vintages is not of prime importance. What is critical is that, with its classic styles, low quantities, and appearance at a time when the market hints at upward correction, 2024 could present competitive opportunities for selective investors.

Burgundy’s enduring strength

Despite short-term market shifts, Burgundy’s long-term fundamentals remain robust:

  • Exceptional vineyards
  • Strong global demand
  • Enduring, prestigious cultural and historical legacy
  • Consistent scarcity at the very top tier of Burgundy wines

The 2024 En Primeur campaign puts in relief a region responding to market and climate pressures while maintaining the qualities that make good Burgundy wine such a consistently prized segment. 

Final thoughts on Burgundy En Primeur 2024

The 2024 Burgundy vintage offers a rare combination of low volumes, selective quality, and evolving pricing strategies at a moment when the fine market has signalled a bounce following pricing decline.

The finest Burgundy wine examples – particularly among the best white Burgundy – display precision, vitality, and strong value. 

Jasper Morris MW says …”a miserable growing season does not have to translate into miserable wines”, adding, “Do not boycott 2024 – there are many delicious wines which merit attention”

Neal Martin (Vinous) says: “2024 is an endlessly fascinating vintage that will enamour the small number who imbibe the fruits of much labour.”

For informed investors, the present market conditions create a strategic window to engage with wine from Burgundy thoughtfully, balancing new releases against secondary market opportunities. 

 

WineCap’s independent market analysis showcases the value of portfolio diversification and the stability offered by investing in wine. Speak to one of our wine investment experts and start building your portfolio. Schedule your free consultation today