Corkonomics

The economics of wine production, collection, and vineyards

CorkonomicsThe economics of wine production, collection, and vineyards
The numbers
Vineyard land · Pauillac≈$2,798,250 a hectare▼ down 17% on 20232024Opening price · Château Lafite Rothschild 2025≈$376 a bottle▲ up 17% on the year beforeSold at auction · Romanée-Conti Grand Cru, DRC 2019$22,917 a bottleSotheby's, Sep 2026Cost to make one bottle · Burgundy grand cru (Pinot Noir)$48–283US duty on wine from · Canada+50%since Aug 2026Everyday bottle in a US shop$13.77 a litre▼ down 1.3% in a yearSep 2026Vineyard land · Margaux≈$1,567,020 a hectare▼ down 7% on 20232024Opening price · Château Cheval Blanc 2025≈$376 a bottle▲ up 22% on the year beforeSold at auction · La Tâche Grand Cru, DRC 2018$5,417 a bottleSotheby's, Sep 2026Cost to make one bottle · Champagne prestige cuvée$26–89US duty on wine from · Australia+12.5%since Jul 2026Vineyard land · Côte-Rôtie≈$1,511,055 a hectare▲ up 8% on 20232024Opening price · Château Mouton Rothschild 2025≈$336 a bottle▲ up 19% on the year beforeSold at auction · Richebourg Grand Cru, DRC 2012$3,542 a bottleSotheby's, Sep 2026Cost to make one bottle · Bordeaux classified growth (2nd–5th)$17–61US duty on wine from · New Zealand+12.5%since Jul 2026Vineyard land · Côte de Nuits grand cru≈$7,275,450 a hectare2019Opening price · Château Palmer 2025≈$268 a bottle▼ down 19% on the year beforeVineyard land · Pomerol≈$2,238,600 a hectare2023
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About Corkonomics

A friendly guide to wine: the grapes, the places, the famous bottles and what goes into the price, in plain language.

A long table set for lunch between vineyard rows

Wine can feel like a club with its own language. Corkonomics is here to open the door. We explain what is in the glass, where it comes from and why it costs what it does, without the jargon.

Who it is for

Anyone who enjoys wine and would like to understand it a little better. You do not need a course, a cellar or a dictionary. Start with the basics and go only as deep as you feel like.

What you will find

A notebook, a glass of red wine, corks and grapes on a linen cloth

How we handle facts

Every figure comes from somewhere you can check. Some were published by a named source: a producer, a government agency or a wine publication. Some we worked out ourselves from published figures, such as what a bottle costs to make. Ratings of a year are our editors’ judgement. The sources are listed at the foot of each page, and when a producer has not published a figure we leave it out instead of guessing.

Corkonomics does not scrape proprietary price databases and holds no valuations. Its market prices are public figures with a named source: release prices and US retail offers reported by Wine Spectator, Decanter and The Drinks Business, and auction results from the published results pages of Christie’s, Hart Davis Hart and Sotheby’s, each linked to its record. See data sources and methodology.

About the pictures

The colour photographs on this site were created for Corkonomics with AI image tools. They show a kind of wine, a place or an idea, and never a particular estate, bottle or person. Photographs of real estates, vineyards and bottles come from credited photographers. They appear in black and white with the creator, source and licence beside them, and the full list is on the image licensing page. Where an estate has no photograph of its own, the page shows its region and says so.

What it is not

Corkonomics does not give investment advice, does not recommend buying or selling any wine, and does not predict returns. Wine markets can be illiquid; pricing can be subjective; provenance, storage and authenticity matter; transaction, storage and insurance costs materially reduce net returns; past appreciation does not predict future returns. Modeled production costs are estimates from stated inputs, never a producer’s confidential cost. Please enjoy wine responsibly.

For developers and AI assistants

Every page has a stable address and structured data, and there is a free, rate-limited API, an llms.txt file and ready-made prompts for AI agents.

The operating entity

Corkonomics is published by the same family as Preferred Stock AI, REIT Research, Dividendly and Emerging Atlas. The legal operating entity will be named here when the site moves to its permanent domain.

Methodology · Editorial policy · Data sources · Contact