The world’s top 10 most powerful fine wines

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Your email address will not be published.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 *

Subscribe to our newsletters

Partner Manager - Manged On-Trade

Maverick Drinks
London, UK

Brand Manager

Hatch Mansfield
Ascot, Berkshire

Head of Sales

IWSC
London, UK

Logistic and Fullfilment - Whisky (and wine) administrator

Stilnovisti Ltd
London, United Kingdom // Dufftown, Keith, United Kingdom

Account Manager

Harviestoun Brewery
Field Based, UK

Buyer - Spain & South America

Enotria&Coe
London, UK

Events Sales Manager

Enotria&Coe
Field based - London or surrounding area

Sales Director Europe

Mirabeau Wine
Europe

Digital Co-ordinator

Alliance Wine
London, UK

Argentina Breaking New Ground Masterclass Series

Manchester,United Kingdom
16th Oct 2018

Argentina Breaking New Ground Masterclass Series

Leeds,United Kingdom
17th Oct 2018

Argentina Breaking New Ground Masterclass Series

Edinburgh,United Kingdom
18th Oct 2018
Click to view more

Global Chardonnay Masters 2018

Deadline : 17th October 2018

Green Awards 2018

Deadline : 19th October 2018

Click to view more

The Global Sparkling Masters 2018

As with all of the drinks business awards, our judging panel is comprised of Masters of Wine, Master Sommeliers and senior buyers making the competition globally renowned.

Champagne Masters 2018

Enter your wines into the Champagne Masters 2018, the only blind competition dedicated to Champagne in the UK.

Click to view more