- Burgundy 2021 wines are in high demand despite a low-yielding year for this vintage.
- Some Burgundy producers reported that production was down by 70% or more.
- There are mixed views on Burgundy’s secondary market direction.
There is a high demand for Burgundy 2021 wines despite it being a low-yielding year for this vintage.
Travellers would do well to research top vintage offerings before they travel to get an idea of what type of prices to expect. A fast online money transfer may be necessary to ensure that you take advantage of a lucrative vintage offering.
Rare vintages from 2021 are expected to experience a steep rise in value, particularly those from the more famous estates or those that are rare due to low production. For example, some Côte de Beaune white wines are particularly rare due a very small crop.
Other fine wines will be catching the attention of international travellers as tourism increases with warming temperatures.
If you like fine wine, it is a good idea to plan for purchases now.
Wines from well-known regions such as Burgundy can substantially increase in value if stored well.
Shipping wines internationally is another expense that may require making fast international payments.
Travellers must consider how they will safely get their purchases to their home cellars. Specialty shippers are recommended for any high-end wine purchases, especially if the wines must be shipped across international borders, as duties and taxes may be due on any imported alcohol purchases.
A shipper that’s experienced in shipping fine wine can take care of customs paperwork and any legalities to ensure that everything runs smoothly and that you receive your wines in great condition.
If you are considering making international fine wine purchases or shipping fine wine, check out our money transfer comparison tool.
