Marlborough Prices Revealed in Latest Report

Marlborough Prices Revealed in Latest Report

The latest report on Marlborough, one of New Zealand's most prominent wine regions, has revealed the prices of wines from this area. According to the report, the average price of a bottle of Marlborough wine has increased by 7% compared to last year, reaching an average price of $18.56. This is significantly higher than the national average price of wine in New Zealand, which is $14.36.

The report also revealed the top-performing wines from Marlborough in terms of price. The highest-priced wine was a 2015 Sauvignon Blanc from Cloudy Bay, which was sold for $139. This was followed by a 2013 Pinot Noir from Ata Rangi, which was sold for $135.

Despite the high prices of some Marlborough wines, the region remains popular among wine enthusiasts. Marlborough is best known for its Sauvignon Blanc, which accounts for approximately 80% of all wine produced in the region. The unique combination of soil and climate in Marlborough is said to be responsible for the distinctive taste of its Sauvignon Blanc.

In addition to Sauvignon Blanc, Marlborough is also known for producing excellent Pinot Noir, Chardonnay, and Riesling. These wines are typically more expensive than the Sauvignon Blanc, with the high-end wines often selling for over $50 per bottle.

The report also highlighted the growth of the Marlborough wine industry. Over the past decade, the number of vineyards in the region has increased by 63%, and the production of wine has increased by 52%. This expansion has led to increased competition among winemakers, which has driven up prices.

The report also noted that Marlborough wines are in high demand in international markets, particularly in China and the United States. The popularity of Marlborough wines in these markets has contributed to the region's success and has further driven up prices.

Despite the high prices of some Marlborough wines, there are still many affordable options available. The region produces a range of wines at different price points, including some excellent value-for-money options. For example, a bottle of Marlborough Sauvignon Blanc can be purchased for as little as $10.

In conclusion, the latest report on Marlborough wine prices has revealed that the region's wines are becoming increasingly expensive. However, this is due to the region's success and the high demand for its unique wines. While some high-end wines may be out of reach for many consumers, there are still plenty of affordable options available.