by Paolo Repetto / 30 August 2017
Wine & Investiment: Barolo 2013
The 2013 vintage seems excellent since the first tastings. A rich Barolo, of great elegance, with fine tannins and suitable for a long aging. A classic vintage that is common to everyone. “Outstanding vintage in terms of definition and sharpness" named by Luca Currado of Vietti.
At the beginning of 2017, the market was fairly prudent about the purchase, then exploded in February as a consequence of first confirmations by international critics, for example Antonio Galloni, who awarded 100/100 to Burlotto’s Barolo Monvigliero 2013 and the same to Vietti’s Barolo Ravera 2013 (both scores published on Vinous).
Nowadays, finding Barolo 2013 from main producers is almost a 'mission impossible', and this is true also for Barolo’s that will be released in September 2017, as bottles are already booked/sold. For us too, it has been difficult to satisfy our customers’ demand and in Autumn we expect more Pressing requests.
In my opinion, 2013 vintage marks a milestone not so much for Barolo itself but for the beginning of a consolidation path in enthusiasts’ and collectors’ attitude.
I remember when 3 years ago the legendary 2010 anniversary was released, probably one of the best in the last 30 years. The demand was immediately high, thanks to a positive climate of professionists around the quality of the vintage and a Bordeaux wine market slowed down by excessive prices paired with common quality’s vintages.
Moreover, wine lovers in 2014 already started to look beyond the horizon, looking for great wines to drink, still reasonably priced. Which world's wine responds to these characteristics better than the Barolo?
Today Barolo's demand for 2013, but not only, seems to grow and consolidate independently of external economic and structural factors. I think that we are living in a period that will show the increasingly difficulty in finding Barolo's best vintages.
The 2014 vintage, coming out in 2018, will be certainly better than some people want to believe, thanks also to the efforts of manufacturers to deal with unfavorable conditions.
Barolo 2015 and 2016 are expected to show extraordinary quality, which will probably be accompanied by rising prices.
Some tips? Buying Barolo 2013 where possible, as it could be one of the last great vintages having an affordable price.
Founder of Vinifera, since 2005 he works in the international business of fine wines.
In 2017 he founded Italian Wine Asset, the first Italian specialised entity for consulting on buying and selling Vineyards and Wineries.