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Burgundy wine stocks rise after 'generous' 2023 vintage

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Burgundy wine stocks rise after 'generous' 2023 vintage


Burgundy After the generous 2022/2023 vintages, winemakers were able to replenish cellars. 

According to the Bourgogne Regional Wine Board (BIVB), winery stocks in 2023-24 were 12% above their five-year average.

‘Bourgogne has not seen a situation like this for over 20 years,’ it said.

‘This allows the industry to better anticipate potential future hazards and preserve its market share.’

Higher stocks may also mean Burgundy wine lovers could see lower prices on some bottles, BIVB co-president François Labet told a press conference ahead of the Grands Jour de Bourgogne event. 

A spokesperson clarified that release pricing was a decision for individual producers and négociants, however. Tax, inflation, and import costs can all have an impact on final consumer prices.  

Total production from Burgundy’s 2023 vintage has been estimated at almost 1.9m hectolitres, equivalent to around 253m bottles – including 149.6m bottles of white wine, said the BIVB.  

This is a 9% increase on the crop of 2022 and also 29% above Burgundy’s five-year average. Frost and mildew on the other hand ensured that Burgundy’s 2021 vintage The five-year average was 33% lower than the…



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