Why are aged brandies are better and more expensive than younger ones?

Aged brandies are often considered better and more expensive due to the complexity of flavors developed during the aging process. As brandy matures in oak barrels, it absorbs compounds from the wood that enhance its aroma and taste, leading to a smoother, richer profile. Additionally, the evaporation of certain volatile compounds over time concentrates the flavors, making aged brandies more refined. The longer aging process also increases production costs, contributing to their higher price.