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Bordeaux Futures, Wine
auction
Classification of the wine growing regions in 2002 |
Bordeaux 2002 by regions (absolute average
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click on the picture to enlarge
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Average Scores of all Estates within a Region
The
above chart represents the average of the scores gathered by all the
Bordeaux wineries
by wine growing region (AOC
in French). For more details on a specific chateau,
please use our search engine at the right hand's side of each
page. This tool is extremely useful to pick the best wines at
Bordeaux Futures offerings and wine auctions.
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88 to >90 = excellent
86 to 88 = very good
84 to 86 = good
< 84 = generally pleasant but lacks character, complexity or depth |
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Weather conditions in 2002
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In 2002, the soggy weather in
Bordeaux was finally by saved by a fantastic September and early October. The resultant wines are varied in quality but overall this is a good
vintage, with medium-bodied and well structured wines, that we would say is comparable in quality to 1986, 1988, 1999 and 2001, with the best
Medocs having the potential to rival 1996. To generalise, it is a
vintage that is particularly successful for
Cabernet
Sauvignon, for the Northern Medoc and for those growers who picked their fruit fully
ripe in early October. However, good winemakers (who didn’t try to over-extract) have made some surprisingly successful wines, with
richness and
structure in
balance, in all appellations. In fact, there are considerably fewer over-manipulated wines this year and a good choice of well-made, classically structured, traditional clarets at all price levels.
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Harvest and winemeking in 2002
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A good year for Cabernet and
Petit Verdot. The
Cabernet
Franc and
Cabernet
Sauvignon crop showed 1986 like characteristics a very exciting prospect for the many of the
Northern Medoc properties. The Late ripening
Petit
Verdot which only has a tiny, but growing, representation across the
Medoc was also exceptional this year.
Everything about the wines has been late. The
malolactic fermentations took place later than usual (initial
malic acid levels were high) and there were very real fears that the wines would be too
backward, introverted and difficult to
taste in early April when they are nowadays presented to the world's wine commentators and merchants prior to being released
en primeur as futures.
In the event there were very clear differences between producers and appellations. The wines on the
right bank from
Saint Emilion,
Pomerol and the like were generally much less impressive than those from the
Medoc on the left bank. Their most common
fault - and a common shortcoming in many of the lesser
Graves and Pessac-Leognan wines too, which were relatively pale - is an unattractive
greenness with a
hollowness of flavour. On the other hand, fewer and fewer producers on the
right bank seem to be making pastiche wines, a style that was anyway extremely difficult to achieve in this underripe,
non-Merlot year. This may be not unrelated to the apparent lack of demand for the so-called 'garage wines', small batches of highly priced essences of
Merlot. To make good wine in 2002 you needed a seriously good
soil and an excellent
vineyard.
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Winemega's conclusions
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As a whole, it seems that the winning appellation is
Sauternes
Barsac - another great
vintage after 2001 for
sweet white wines.
Sauternes-Barsac is closely followed by the Northern Left Bank trio -
Pauillac,
Saint-Estephe and
Saint-Julien. Interesting so notice that the
Medoc's more Southern appellations Pessac-Leognan and
Margaux, have, on average done
quite poorly in comparison. Thanks to some compelling wines, right bank Saint-Emilion and
Pomerol have finally done much better than expected amid a very tricky environment for early maturing
Merlot grapes.
The Bordeaux TOP 10 Classification displays 3
Pauillac, 2 Saint-Julien, 2
Saint-Emilion et 1 Pessac-Leognan
(Graves) properties.
It is completed by two Sauternes-Barsac
Grand Crus. For Sauternes-Barsac's
sweet wines, 2002 is perhaps not as miraculous and
rich as 2001 but
one may find many successful wines coming from properties who selected the most
botrytised berries from the first and last picking periods and knew how to manage the shrivelled ones. As usual, taking into account the painstaking care that goes into making
the
late harvesting sweet wines, these are the real bargains of
Bordeaux 2002. Wines from the Margaux,
Saint-Estephe, Pomerol,
Medoc et
Haut-Medoc appellation are not showing particularly strongly and are not
represented at the top level of Classification .
The Bordeaux TOP 50 Classification clearly confirms the supremacy of some
Left bank appellations (Saint-Julien,
Pauillac, Saint-Estephe).
Sauternes-Barsac and the
right bank areas (Saint-Emilion,
Pomerol) respectively count for less than 30% and 20% of the wines listed.
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TOP
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The Score effect
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This year we have statistically estimated the effect of the critics' scores on the price - or
"Score Effect". This measure is average in 2002 with a
12% price increase for each additional scoring point. In comparison,
the Score Effect was +12% in 2001, +15% in 2000, +9% in 1999, +12% in 1998 and finally +10% in
1997.
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Poltical and Economic background: buy selectively
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Price is a major issue. With the war in
Iraq, economic problems, falling stock markets, the strong Euro and anti-French
sentiments in America, this is a year in which we've seen very substantial price reductions from the previous years (-30% from 2001 and -50% from 2000!). Many
wineries have come back to their 1996 price levels. Bordeaux rarely price wines according to their quality but as a result of
the market needs. That's why the outstanding 1990s was sold at reduced prices in May 1991 and why the disappointing 1997s were sold at
higher prices than the great 1998. Many producers are convinced that their 2002s are better than their 2001, 1999, 1998 and 1997s but most accept, reluctantly, that they will have to sell them at lower prices. We
view that if Bordeaux wants to sell
en primeur, it
clearly has to deliver quality AND value to the consumer.
If the global economic recovery is confirmed and the US Dollar strengthens again versus Euro, the value of the best wines of the
vintage will probably increase by 10%-15% by the time they arrive at your local wine
shops in 2004-2005. Volume in 2002 was approx. 30% lower than on
average years. This parameter will definitely have some influence on prices. But one should only concentrate on the best wines of the
vintage as the supply for lesser quality wines will remain high.
Finally, according to our Contributors' comments, the white dry wines of the region are not quite as good as the excellent 2001
vintage..
Winemega's precise and mathematical
approach,
picks
the best wine deals with total objectivity and independence.
Alain Bringolf for Winemega.com align="left" height="13">
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Thanks to our
Contributors for their comments:
- Jancis Robinson
- Farr Vintners
- Will Gardener (Nickolls & Perks)
- Jacques Perrin
- Jean Solis
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