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Monday, September 26, 2011

Wine region analysis

I have done some analysis on wine regions I am interested in, using wine-searcher.com data. I used all vintages of the top 500 wines (sometimes less) wine on their site. Apart from price, I also recorded Decanter awards. My analysis shows that Argentina has the best returns per rating point (ratings are an average of wine critics and the public, I have used points above 70). Piemont and Mosel have the worst stats: expensive or few awards. South Australia dominated among awards.


Region Wines Avg price Median price Awards Commended Net Avg point per pound Awards per wine
Alsace 2964 30 18 60 3 57 0.935 0.019
Argentina 2458 15 10 273 78 195 1.597 0.079
Greece 733 14 11 104 17 87 1.460 0.119
Mosel 3099 58 18 36 8 28 1.066 0.009
Piemont 5684 66 39 123 28 95 0.595 0.017
S Australia 4475 43 23 724 172 552 0.948 0.123
Stellenbosch 2425 17 11 353 100 253 1.460 0.104
Tuscany 5547 52 30 324 92 232 0.772 0.042

27385

1997 498 1499