In 2011 Argentina
surpassed Chile as the
fourth largest importer of wine to the US . This of course is due to the
ongoing growth of Malbec , Argentina ’s main varietal. Its
trajectory reminds me of the growth of Australian Shiraz many years ago, both
with easy-to-brand varietal names and full-flavored & palate-friendly wines
at attractive price points.
While Australia
makes a vast array of great wines in varying styles, it seemed to over-leverage
Shiraz .
Commodity brands such as Yellow Tail devalued its wines to consumers. On the
flipside, some expensive & highly rated Australian Shirazes were not aging
gracefully, creating a backlash among high-end consumers. These factors combined
created a bit of a lost decade for Australian wine.
I sometimes wonder if a similar leveling and subsequent
decline is coming for Argentina .
Like Australia , Argentina makes
plenty of interesting wines. But also like Australia , the brand of the country
is based on one varietal. And with growth and demand and the development of new
brands comes the potential tipping point where the wines become generic in the
minds of the average consumer.
Meanwhile, Argentina ’s
neighbor to the west continues to pump out volumes of very solid wine
(especially reds). If anything, Chile
seems to display the opposite of Argentina . They do a lot of things
very well but don’t really appear to have one “go-to” varietal from a sales
perspective. The climate of Chile
tends to lend itself to wines that bridge the gap between new world and old
world. Cabernet Sauvignon, Merlot, Pinot Noir and Syrah all do very well. But
it’s tough to stand out with these varietals against the more famous versions
from around the world.
Carmenère seems to be the most natural varietal to lead the
way for Chile .
It’s unique to Chile and has
a great story as the lost Bordeaux
grape reappearing under the guise of Merlot. However the bell pepper and herbal
notes it sometimes displays, especially in the lower-priced versions, can keep
it from being as mainstream-friendly on the palate as Malbec. When at its best
however, Carmenère can take those green tendencies and turn them into an
exotic mix of black herbal & anise/licorice notes, framed with solid
structure and bold dark fruit. Some of Chile ’s best and most famous wines
are Carmenère, such as Casa Lapastolle’s Clos Apalta and Montes’ Purple Angel.
You don’t have to break the bank though. Wines like the Terranoble 2010 Reserva Carmenere, Maule Valley, show bold fruit
and streaks of savory herb and black pepper. This is a great little wine priced
at around $12. Terranoble also ups the ante with its 2010 Gran Reserva Carmenere, Maule Valley. This comes from rocky and
mineral-rich soil within the Maule
Valley and is aged for a
year in French and American oak. The profile features added depth and balanced structure
with notes of black currant, anise, coffee & cocoa. Another great buy at
around $18. Both of these wines add a dash of Cabernet Sauvignon.
For the crème de crème, I love the Montes Purple Angel. Montes was a pioneer in exporting ultra-premium Chilean wines, and along with Montes’ Alpha M (Bordeaux Blend) and Folly Syrah, Purple Angel is one of the country’s finest wines. It comes from the best blocks of Carmenere blended with 8% Petit Verdot and is sourced from Montes' two estates in the Colchagua Valley – 50% from warm and sunny Apalta and 50% from coastal and cool MarchigÜe. It's hand-picked and hand-sorted, aged 18 months in new French oak, and bottled unfined and unfiltered.
I recently opened a bottle of the 2008 Montes Purple Angel (around $50) and
double decanted. It was dark, dense and full-bodied in the glass with notes of
anise, cassis, black & blue berries, cocoa and espresso. Powerful juicy-ripe
fruit was concentrated on the palate with integrated oak that was slightly
bitter through the mid-palate. It was big and broad yet graceful throughout
with polished creamy tannin and a long finish. Excellent now with decanting and
should continue to hold and improve. The wine is an interesting dichotomy of hedonism and elegance, displaying alternating elements of both.
At its best, Carmenere makes its mark as the signature red
grape of Chile
with interesting, powerful and endearing wines. Whether its profile can
appeal to popular tastes enough to become the next hot import remains to be
seen.
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