The question now is if 2020 is better than 2019 or 2018. My impression after tasting so many barrel samples is that it is certainly better than 2018 and at least at the same level as 2019 in quality. I will have to wait and see the wines in bottle to finally decide how they compare with 2019. “It’s something between ’18 and’19 even if it is none of them,” said Philippe Bascaules of Chateau Margaux, which made a fantastic wine. “The vintages are changing in Bordeaux and it’s difficult to find a vintage like that,” he added. “In 10 years we will see how to put all these vintages on the line.”
One thing that hasn’t changed is pricing in Bordeaux – it's confusing. The few estates that have released on the market have both increased and decreased prices. However, those estates that compared their 2020 prices to current wines in the market are selling better. For example, Angelus increased its price by 13 percent and reportedly didn’t sell very well. Liv-ex, the fine wine exchange based in London, noted that the 2019, 2016, 2014 and 2009 (all excellent wines for Angelus) were currently less expensive than the 2020. The word on the street is that it sold well once it received a 100-points rating from another wine critic. Regardless, it doesn’t make much sense to buy a wine in barrel at the moment for many people if the same quality wine is available from other top vintages already in bottle. Meanwhile, a few estates dropped their prices by a few percentage points, including big names such as Pavie and Pavie Decesse and some lesser known ones.
I believe that 2019 was a great success for Bordeaux and it created incredible goodwill for France’s famous wine region. Whether the positive vibes continue with 2020 remains to be seen but so far it doesn’t look like it. “We feel that there is interest in this vintage,” Ariane Khaida, director of Chateau Mouton-Rothschild and its sister estates of Clerc-Milon and d'Armailhac, said during a Zoom call about a month ago. “For sure we don’t want to break the great dynamic we had last year for all of the Bordeaux region. This is key, and we have to find the right way [with pricing].”
In the end, and as usual, the market will decide if the prices are right or wrong. Regardless, the 2020 vintage is a super quality one, producing some extraordinary wines as well as outstanding quality across all appellations from simple Bordeaux to Pomerol. It’s a year for all of us to remember its many challenges.
– James Suckling, editor in chief
The list of wines below is comprised of bottles tasted and rated for this report by James and other tasters at JamesSuckling.com. They include many of the latest releases not yet available on the market, but which will be available soon.
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