Bordeaux En Primeur 2022 Releases - Chateau Figeac

Bordeaux, Wine Investment, News, En Primeur, Critic Scores, Chateau Figeac

On the 22nd of June 2023, we have seen the release of Chateau Figeac.

Chateau Figeac 2022

On the 21st June 2023, we now see the release of the Premier Cru Classe A wine from Saint-Emilion named Figeac, and the price is up 55.6% on last years release. The ex negociant price is 102 Euro a bottle. The wine is being offered by the international trade for £3,036.00 per case of 12 bottles at 75cl each according to Liv-ex, and this will result in an increase of 55.2% on the opening price of the 2021's.

The 2019, 2016 and 2014 vintages look better value in relation to today’s release. See more pricing analysis below.

The volume released was 20% down year-on-year, which may go some way in explaining the price hike. Additionally, Château Figeac was promoted to Premier Grand Cru Classé A in the latest revision of the Saint-Émilion Classification in September 2022.

Liv-ex members ranked Figeac the third-best wine of the vintage in this year’s En Primeur Survey, coming in behind Cheval Blanc and Lafite Rothschild, respectively.

Fair Value analysis

Using Liv-ex’s ‘Fair Value’ methodology, prices for Château Figeac are 92% correlated to Neal Martin scores.

Looking at the chart below, today’s release is coming to the market above the regression line.

Buyers looking for other opportunities might want to consider the 2016 and 2019 vintages which both have a Neal Martin score of 98 points and fall just below the ‘Fair Value’ line. They are available at a discount of 29.0% and 27.5% respectively to today’s release.

The lower-scoring 2014 and 2017 vintages also fall below the line and are available at discounts of 45.0% and 51.1% respectively to today’s release.

Critics’ scores

Neal Martin (Vinous) gave the wine a score of 97-99 points, making it a potential contender for the highest scoring Figeac vintage. In his tasting notes, he describes how ‘the palate is beautifully balanced with a lightly spiced entry, fine depth and with plenty of concentration counterbalanced by finesse towards the graphite-infused finish’.

William Kelley (Wine Advocate) awarded it a barrel range of 98-100, lauding the 2022 Figeac as a ‘brilliant wine’ to celebrate the Château’s recent elevation to Premier Grand Cru Classé “A” status. In his words: ‘the quintessential Figeac’.

James Suckling scored the wine at 97-98, praising the ‘earliest ever harvest for Figeac’ for contributing to its ‘lovely freshness and depth’.

Lisa Perrotti-Brown (Wine Independent) gave it 97-99, highlighting the ‘simply electric’ palate for its ‘shimmering’ fruit layers and ‘mineral and floral sparks’.

Please see some of the scores taken from Liv-Ex as shown below:

Lin Liu

97-98

winemaniacs.club

22/05/2023

Chris Kissack

97-100

thewinedoctor.com

16/05/2023

Matthew Jukes

19.5

matthewjukes.com