The 166th Hospices de Beaune sale takes place on Sunday, November 15, in Côte-d'Or. It highlights bottles classified among the grands crus.
Burgundy is thus less affected by the crisis than the rest of the wine-growing sector. Over the past twelve months, 166 million bottles of its wines have been sold.
This auction also serves as an indicator for the wine market, which is in crisis at a time when the French are drinking less of it.
The number of bottles sold is falling by 4% each year. Red wines are particularly affected by this decline.
Bottles from Burgundy are an exception. Their sales are driven by international exports and by a worldwide reputation.
This volume shows relative resilience. While the market is contracting, Burgundy wines are holding up better, supported by foreign demand.
The region is not limited to its reds. It is also known for its white wine, with the Chablis appellation, and for its sparkling wine, crémant.
This performance remains contingent, however, on the ability to produce the quantities to be sold, in a changing climate. On Sunday, the auction will provide a concrete reading of a French market in decline and of a Burgundy still driven by foreign demand.