- Château Canon 2022 has been released at £1,440 per 12×75.
- ‘One of more intellectual and saline Canon wines in recent years,’ said Neal Martin who rated it 96-98 points.
- Today’s release is offered at fair value, but buyers have plenty of other options among back vintages.
As part of this year’s Bordeaux En Primeur campaign, Château Canon 2022 has been released at €120 per bottle ex-négociant, up 33.3% on the 2021 release (€90 per bottle).
It is being offered by the international trade for £1,440 per 12×75, up 33.3% on the 2021’s opening price (£1,080 per 12×75).
The new release is one of the best value wines on the market today. Buyers looking for opportunities among back vintages have plenty of options, including the 2014, 2017 and 2018 vintages. See more pricing analysis below.
Liv-ex members ranked Canon among the top ten wines of the 2022 vintage in this year’s En Primeur Survey.
Critics’ scores
Neal Martin (Vinous) awarded the wine a barrel range of 96-98 points, highlighting the ‘beautifully-defined bouquet’ on the nose as a ‘triumph’ amidst 2022’s hot growing season. In his words: ‘one of the more intellectual and saline Canon wines in recent years’.
William Kelley (Wine Advocate) gave it a barrel range of 99-100 points. In his tasting note, he said: ‘From an estate that is delivering its greatest run of vintages since the superb Post War series that preceded the frosts of 1956, the 2022 Canon is a magical wine that will be worth every effort to track down’.
Jean-Marc Quarin scored it 98 points. He noted that ‘the wine melts and above all perfumes the mouth like never before, with less corpulence than in other vintages’ and added that it has ‘a taste profile without comparison in Bordeaux revealed by this very special vintage’.
Fair Value analysis
Using Liv-ex’s ‘Fair Value’ methodology, Canon prices are 57.6% correlated to Neal Martin scores. Based on today’s release of £1,440 per 12×75, the wine is coming to the market below the trendline, meaning it is offered at fair value.
Buyers looking for other opportunities may want to consider the 2018 vintage. With 96 points from Neal Martin (Vinous), it is currently available at a 28.5% discount to today’s release
The 95-point 2014 and 2017 vintages also look attractive, as they both fall below the fair value line.
Our Bordeaux En Primeur 2022 page contains everything you need to know about this year’s campaign. You can also sign up for our daily En Primeur email alerts using the form below.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 620+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines.
