Château Pape Clément has unveiled its highly anticipated 2023 vintage, marking a notable decrease in price compared to previous releases.
Priced at EUR 58.20 per bottle ex-négociant, the 2023 offering reflects a 6.7% reduction from its 2022 counterpart, signaling a strategic move by the esteemed estate.
The recommended retail price for a 12×75 bottle case stands at GBP 708 (EUR 825), representing a 5.6% decrease from the previous year's opening price. Despite this reduction, the 2023 release remains one of the most expensive offerings of the past decade, underscoring the exceptional quality and demand for Château Pape Clément wines.
Critical acclaim has greeted the 2023 vintage, with esteemed wine critics heaping praise upon its character and finesse. Antonio Galloni of Vinous lauds it as "one of the most exciting wines I have tasted here in a long time, maybe ever," awarding it an impressive 95-97 points. Similarly, Neal Martin of Vinous remarks on its classic style, bestowing it with a commendable 93-95 points.
Jane Anson's evaluation of the wine further reinforces its excellence, with a score of 93 points and descriptors highlighting its "exuberant, confident estate signature" and nuanced flavor profile. Yohan Castaing of The Wine Advocate commends the 2023 vintage for its contemporary expression, awarding it 92-94 points.
The pricing analysis accompanying the release reveals intriguing options for wine enthusiasts seeking value in back vintages. The 2018 and 2020 vintages, both receiving acclaim from critics and available at reasonable prices, present enticing opportunities for discerning buyers. Neal Martin's highly-rated 2017, 2018, and 2019 vintages, available at a discount compared to the 2023 release, offer additional options for astute collectors.
For those inclined towards the highest-rated offerings, the 2015, 2016, and 2020 vintages emerge as compelling choices. Antonio Galloni's top-rated 2020 vintage, with an impressive 98 points, presents a particularly enticing option at a market price significantly lower than the 2023 release. Similarly, the proven vintage of 2016, sharing Jane Anson's joint-highest score, offers excellent value at a discounted rate.
Source: Liv-ex