The Wine Business Quiz

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20 Questions

Which term is used to describe the majority of wines produced in Bordeaux?

Inexpensive

What is the average size of an estate in Bordeaux?

More than 19 hectares

What percentage of grape growers in Bordeaux are associated with co-operatives?

25%

What are the main additional production costs for a classed growth in Bordeaux?

Barrel ageing and higher viticultural costs

What is the estimated production cost per bottle for Bordeaux AOC?

€0.57

What is the 100-point rating system associated with Robert Parker used for?

Selling wine

Which country accounted for the highest value of Bordeaux wine exports in 2018?

Hong Kong

What percentage of Bordeaux wine by volume was sold within France in 2018?

56%

What is the role of a courtier in the Bordeaux wine commercial system?

They act as brokers between châteaux and négociants.

How do classed growths and other high-quality wines in Bordeaux typically get sold?

Through en primeur system

When does the en primeur campaign for Bordeaux wines typically begin?

In April following the harvest

Why did the en primeur system gain popularity in Bordeaux?

To benefit from early payment for wine

Which factor is NOT mentioned as a determinant of the success of an en primeur campaign?

The reputation of the châteaux

What is the purpose of storing the wines in a secure storage unit after purchase?

To protect the wines from damage

Why did some investors in en primeur wines lose money?

The prices of Bordeaux wines fell

Which region accounts for the largest proportion of wine traded on the secondary market?

Bordeaux

What happens if an averagely good vintage follows a number of successful ones?

The estates reduce prices to attract buyers

What is the duration of the en primeur process?

Several months

What is the main concern expressed by leading critics regarding the en primeur system?

The influence of their reviews on wine prices

What led to Bordeaux prices starting to fall in the 2000s?

Increased interest from China

Test your knowledge of the wine business with this quiz! Learn about the shrinking number of estates, the average estate size, and more. Find out how much you know about the commercial viability of wine production.

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