Nedbank Cape Winemakers Guild Auction 2022 sales figures

Total sale amounted to R13 985 500 at the 38th Nedbank Cape Winemakers Guild Auction conducted by Strauss & Co this past Friday and Saturday, 1 898 cases (6 x 750ml) fetching an average price of R7 369 per case and an average price per bottle of R1 227. This compares to last year’s sales of just under R9.9 million for 1 734 cases, average price per case being R5 686 (average price per bottle: R948).

Kanonkop CWG Paul Sauer 2019 reached the highest average price of R2 457 per bottle, followed by Cederberg Teen die Hoog Shiraz 2020 selling at R1 861.

Top-performing white wine was Lismore Valkyrie Chardonnay 2021 which reached an average of R1 743 per bottle while the Mullineux Trifecta Chenin Blanc 2020 sold at R1 633. 30% of the lots were sold to international bidders. All prices quoted are exclusive VAT. The hybrid live/online-auction attracted bidding from 14 countries around the world, 30% of the lots going to international buyers.