The world’s top 10 most powerful fine wines

4th February, 2013 by Patrick Schmitt

8. Château Latour

Château Latour

Rank in 2011: 4
Total score: 174
Liv-ex trade: 9.28%
Critics’ score: 96.04
Average price: £6,930 (9l case)
Price change: -12.1%
Production: 14,600 cases
Weighted production: £101,178,000

The most powerful first growth of 2012 was not Château Lafite for the first time since 2008, but the famously long-lived Latour.

While the first growths have seen price declines of up to a 60% depending on the vintage, Latour has been least-affected of the five, with an average performance drop of 12% (compared to over 30% for Lafite).

Of course it never benefited from the sudden must-have status of Lafite in Asia, and to a lesser extent Mouton, but there’s a sense Latour has retained much of its strength because it’s the first growth favourite among the trade.

“Latour has not been hit as hard,” says Simon Staples of Berry Bros & Rudd, speaking to the drinks business late last year.

Continuing he explains, “It’s considered more often than not the best [of the first growths]…. Latour is less likely to be dumped.”

Restricted supply has also helped – Latour’s owner, François Pinault has been gradually reducing the amount released en primeur since he bought the property in 1993, and, although the impact of the château’s decision to withdraw entirely from the futures market will not be seen until next year, the announcement earlier in 2012 precipitated an increase in trading.

Looking back over the seven years since Liv-ex and the drinks business have run the fine wine power list, Lafite has always led the first growths except in years of market turmoil – that is 2012 and 2008 – when Latour’s inherent strength sees it hold its prices while Lafite and others suffer declines.

One Response to “The world’s top 10 most powerful fine wines”

  1. Ed Masciana says:

    This is just the kind of bulls**t that keeps people from getting into wine because it is sooooooooo full of itself. It has nothing to do with “real” wine. This is total media driven drivel.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Job vacancies

PR Account Executive

Clementine Communications Ltd
Fulham, UK

PR Senior Account Manager

Clementine Communications Ltd
Fulham, London

Marketing Manager

Berkmann Wine Cellars
London, N7, UK

Brand Manager

Berkmann Wine Cellars
London, N7, UK

Sales Account Manager

Jascots Wine Merchants
London, UK

Marylebone Sales Manager

Philglas & Swiggot
Marylebone, London, UK

Area Sales Manager

Bon Coeur Fine Wines
North England, UK

Procurement Assistant – Wine

Adnams PLC
Southwold, UK

Account Manager Central London

Speciality Drinks Ltd
London, UK

Brand Ambassador

Speciality Drinks Ltd
London, UK

National Business Development Manager

Speciality Drinks Ltd
London, UK

Marketing Assistant

Hatch Mansfield
Ascot, Berkshire, UK

Marketing Manager

Bancroft Wines
London, UK

Regional Sales Manager – Scotland

Bancroft Wines
London, UK

The Global Sparkling Masters 2017

Deadline : 25th August 2017

The Global Malbec Masters 2017

Deadline : 25th August 2017

Global Chardonnay Masters 2017

Deadline : 1st September 2017

The Global Sauvignon Blanc Masters 2017

Deadline : 1st September 2017

Click to view more

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

The Global Organic Masters 2017

The drinks business is thrilled to announce the launch of The Global Organic Masters

The Drinks Business Awards 2017

Now in its 15th year, the db awards have become the most authoritative, internationally respected badge of achievement in the alcoholic drinks industry.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

Click to view more