Bordeaux, Wine Investment, News, En Primeur, Critic Scores, Chateau Gruaud Larose
On the 14th of June 2023, we have seen the release of Chateau Gruaud Larose.
Chateau Gruaud Larose 2022
On the 14th June 2023, we now see the release of the second growth wine from Saint-Julien named Gruaud Larose, and the price is up 11.5% on last years release. The ex negociant price is 69.60 Euro a bottle. The wine is being offered by the international trade for £840.00 per case of 12 bottles at 75cl each according to Liv-ex, and this will result in an increase of 9.4% on the opening price of the 2021's.
The 2019, 2016 and 2020 vintages offer better value in relation to today’s release. See more pricing analysis below.
Fair Value analysis
There is no significant correlation between Gruaud Larose Market Prices and Neal Martin scores – the chosen critic for Liv-ex’s ‘Fair Value’ methodology.
That said, Château Gruaud Larose prices are 92% correlated to scores from Antonio Galloni (Vinous). Liv-ex members on Silver packages and above can find out more via the Fair Value Tool.
Based on the chart above, buyers looking for value in back vintages might want to consider the 2019 vintage. The wine received 96 points from Neal Martin (Vinous) and is available at a discount of 22.7% to today’s release.
The 2016 vintage might also be of interest which is available at a Market Price of £658 per 12×75, a discount of 21.7% to today’s release. Likewise, the 2020 vintage received 93+ points from Neal Martin and is available at a discount of 20.2% to today’s release.
Neal Martin (Vinous) scored the wine 95-97 points and said he is ‘impressed by its delineation and focus; frankly, these are the nicest aromatics I’ve encountered for a while at this address’.
William Kelley (Wine Advocate) awarded it a barrel range of 94-96+, celebrating a wine that ‘confirms Gruaud’s return to the Saint-Julien élite.’
‘Vibrant, energetic, long and fresh,’ noted Jeff Leve (Wine Cellar Insider), who gave it a barrel range of 95-97 points.
Jane Anson (Inside Bordeaux) scored it at 96 points, highlighting its depth of concentration and drinkability that is ‘not an easy balance to achieve in 2022’.
Please see some of the scores taken from Liv-Ex as shown below:
(94 - 96)+