£1 wine? We’d rather have a beer!

It’s been a tough few years for smaller and independent wine chains. The likes of Oddbins have seen administration, and closure, while others have been forced to change strategy. However, Andy Shaw, head of buying at Bibendum, gives us news that this may be about to change somewhat indirectly.

The prediction, made by forecast figures from Vinexpo, that Briton’s will drink almost 4% less wine in 2016 versus 2012, sounds like a bad thing on the face of it. But, if we examine one of the larger contributing reasons to the forecasted decrease in sales, it appears that a decrease in the number of bottles available at sub £5 may be to blame. Now, we’re definitely not elitists at Ditton Wine Traders, but having a good understanding of the charges associated with a bottle of wine, allows us to believe that this is not necessarily a bad thing. In a £5 bottle of wine, at least £2.70 is the duty and VAT alone. We then have to take transport, storage, marketing & packaging costs in to account, before we are left with the actual value of the liquid. In reality, the value of the liquid in a £5 bottle is probably under £1. Personally, we’d rather have a beer.

This telling sign threatens the very wine “deals,” in the supermarkets that have made it so difficult for the honest wine merchants to make a living. If 4% of the market are no longer interested in wine because it is no longer seen as cheap, then this allows the smaller wine merchants to move in at what they’re good at, and the supermarket is not so good at.

Andy Shaw told Decanter earlier “there’d have to be a very good reason not to reduce the amount of space dedicated to beer, wine and spirits – shorter supermarket wine isles may boost “proper” wine shops with trained staff, selling more premium products on a more genuine value message.”

We’ve said in previous ramblings that we weren’t happy with many of the "deals" the super markets put out there, and we are hopeful that this is a sign of better wine for all, all round.

Just by increasing the amount you pay for a bottle of wine from £5 to around £6.50 – the value of the liquid inside the bottle will double, and chances are, so will your enjoyment!

We do have plenty of incredible value wines under £10/ bottle, that we are certain punch well above the likes of First Cape offered at £10/ bottle in many chains of Sainsbury’s, such as the highly rated l’Estang 2009 from Castillon, and the Decanter Trophy Winning Karantes Bergerie from La Clape at £9.28/ bottle, which represents one of the best values we found last year.

Do let us know if you're interested in any...

Share this post


About Us

Ditton Wine & Spirits buy and sell fine wine.

The finest wine, at the very lowest prices. For drinking & investment; for both Private and Trade customers.

Ditton Wine & Spirits are exactly that, wine traders. Since 2004, we have bought & sold fine wine on a daily basis, at fair and competitive prices.

The prices you see on the website are the prices you pay – with no hidden extras. The advice is free here too. We do everything possible to make sure we keep our costs down. There is no shop – we use the phone and email. We don’t employ a lot of staff and we don’t have a swanky London office.

As a result, we are able to operate on a much lower margin than many of our competitors. Our ever increasing network of negociants, distributors, wholesalers, retailers and private stock-holders means we will frequently bring you ‘impossible to match’ deals. We specialize in the best wine from Bordeaux, as well as a fast growing list of the most sought after wines from Burgundy, Champagne and Italy.