My best wine values of 2007
Happy New Year! As the year 2007 ends, it's time for my annual end-of-the-year report on the best - and the best values - of the wines I've reviewed during the past 12 months.
As I do at the end of every year at this time, I've sorted all my wine-tasting reports of the year, using the power of the computer to spot the wines that I've rated best for quality and value. These are the wines that showed exceptional value at all price points, earning the admiring moniker that online wine "geeks" call "Quality-Price Ratio" or, for short, "QPR."
While there haven't been many dramatic new developments or unexpected trends in the wine world in 2007, a number of recent trends appear to be continuing. For instance:
<B>Farewell to the cork?</B> The battle between natural cork and alternative closures go on. In spite of increased quality control measures by the cork industry that have led - at least in my experience - to a significantly reduced incidence of "cork taint" among recent wine releases, taint-free alternatives continue to capture market share. As in the past, Australia and New Zealand lead the charge, with virtually all white wines from Down Under now arriving under screw cap; perhaps even more significantly, more and more reds - even hefty Shirazes - are starting to turn up with the clean metal closure. Even in Europe, the floodgates are starting to open, with screwcaps and synthetic "corks" becoming widespread among modest wines. Austria and Germany, where aroma and flavor "transparency" are critical, seem to be on the verge of abandoning traditional cork for their whites, flirting with a variety of closures including the intriguing glass stopper as well as screwcaps and synthetics.
<B>Big changes coming in Europe</b> Faced with dramatic declines in wine consumption among young people, rising anti-alcohol sentiment, and a glut of unsellable industrial wine that, at least in France, has led to government subsidies for distilling unsold wine into alcohol, the European Union and European marketers are looking at dramatic changes in wine regulation. While the top-level controlled-appellation wines that wine geeks love don't seem threatened for now, this development bears watching.
<B>Blockbusters and climate change</B> A string of record-hot years and increasingly chaotic weather makes it increasingly difficult to deny the reality that something weird is going on with Earth's climate. Whether we blame climate change, vineyard and winery technology, critical pressure or a combination, the average alcohol level in wine is indisputably rising, with "blockbuster" wines, hard to match with food, becoming dominant in many New World regions and difficult to escape even in Europe. Those of us who prefer lighter, more delicate and food-friendly wines are finding our options diminishing.
<B>Inflation</B> Alcohol isn't the only wine number that's going up. The continued rise of the Euro against the dollar shows no sign of abating, with the European currency unit approaching its all-time high of nearly 1 1/2 times the dollar at year's end. The "dollarette" may be a creature of intentional economic policy, seeking to boost U.S. corporations by making them more competitive with imports, but it's a whack in the wallet to wine lovers, as we see even modest European wines reaching the mid-teens to $20, and very little "interesting" wine selling for much below $12. Blame the Euro for the high price of imports; you'll have to ask a follower of Adam Smith or Milton Friedman why U.S. wines seem to be following a similar pattern, but I'm blaming the "invisible hand" of the market. Fine wine, it seems, is increasingly seen as a luxury good, and if you can't afford it, to paraphrase Marie Antoinette, "Let 'em drink beer."
Comparing my list of top-value wines of 2007 against the list for 2006 tells the tale: Last year, 60 wines made my cut for the honor-roll roster of value at all price points. Just five of them sold for more than $20, with 25 in the $12 to $20 mid-range, and 30 for $12 or less, of which 16 were tagged at $10 or below.
This year, 56 wines made the cut, with just nine of them priced under $10 and only seven more between $10 and $12. A dozen fell between $12 and $15, suggesting that, for budget purposes, $15 has become the new break point for "less expensive" wines.
Sorted by country or region, this year's QPR list includes 22 from France and 10 from Italy. Perhaps reflecting the Euro's rise, value wines from the United States and Australia both increased their share, with nine entries from California (and two from Washington State), and five Australians. Wrapping up the list, I have two each from Argentina, Portugal and Spain, and one each from Austria and South Africa.
The list includes 34 red wines, 20 whites and two rosés; among them you'll find six sparkling wines and one dessert wine.
To whet your appetite, here are links to some particular personal favorites from this year's list:
Gérard Raphet 2005 Bourgogne (France), $22.99. (Find it on Wine-Searcher.com)
Alkoomi 2004 Frankland River Western Australia Shiraz Viognier (Australia), $22.99. (Find it on Wine-Searcher.com)
Edmunds St. John 2004 "Rocks and Gravel" California Red Wine (California), $20. (Find it on Wine-Searcher.com)
Alain Jaume & Fils 2005 Domaine Grand Veneur "Les Champauvins" Côtes du Rhône Villages (France), $19.99. (Find it on Wine-Searcher.com)
Palacios 2005 "Pétalos" Bierzo (Spain), $18. (Find it on Wine-Searcher.com)
Tenuta Roveglia 2004 Lugana (Italy), $14. (Find it on Wine-Searcher.com)
Laurel Glen 2005 REDS Lodi Red Wine (California), $9.99. (Find it on Wine-Searcher.com)
Ken Forrester 2006 Stellenbosch Petit Chenin (South Africa), $9.99. (Find it on Wine-Searcher.com)
For a detailed look at all 56 of my top-value wines of 2006, ranked in order of the actual retail price that I paid, click to my annual report, QPR 2007, at
http://www.wineloverspage.com/qpr
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