CorkonomicsThe economics of wine production, collection, and vineyards
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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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Barolo

Eleven communes, 2,200 hectares, 181 delimited vineyard areas — Italy's most developed cru economy.

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Barolo and its vineyards, Langhe
Bruno Sulis · Wikimedia Commons · CC0

Barolo DOCG's menzioni geografiche aggiuntive (2010) mapped the crus; the best (Cannubi, Bussia, Rocche dell'Annunziata, Francia, Monprivato) have been reported at over a million euros per hectare.

The essentials

Economics in brief

Barolo DOCG's menzioni geografiche aggiuntive (2010) mapped the crus; the best (Cannubi, Bussia, Rocche dell'Annunziata, Francia, Monprivato) have been reported at over a million euros per hectare.

Key facts

Area
≈ 2,200 haConsorzio di Tutela Barolo Barbaresco
Minimum aging
38 months; riserva 62

The numbers, for the curious

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InputLowMidHighUnitSource
Minimum aging, Barolo / riserva2024 385062monthsDOCG disciplinare
Nebbiolo da Barolo grapes2024 456EUR/kgCamera di Commercio di Cuneo
Vineyard land, Barolo DOCG average2024 500,000850,0001,200,000EUR/haTrade reporting on Langhe land prices
Vineyard land, Barolo top crus (Cannubi, Rocche dell'Annunziata…)2024 1,000,0001,750,0002,500,000EUR/haTrade reporting on Langhe land prices
Yield, Barolo DOCG2024 404856hl/haDisciplinare: max 8 t/ha ≈ 56 hl/ha

Where the inputs come from

  1. DOCG disciplinare
  2. Camera di Commercio di Cuneo, listino uve
  3. Trade reporting on Langhe land prices
  4. Trade reporting on Langhe land prices (Gambero Rosso, Vitisphere)
  5. Disciplinare: max 8 t/ha ≈ 56 hl/ha

Producers

The village of Serralunga d'Alba and the Langhe, ItalyProducerGiacomo ConternoBarolo's most collectible traditionalist: Monfortino Riserva, made only in selected years and aged around…

Famous wines

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Hills between Serralunga and Castiglione Falletto, Piedmont, ItalyBruno Giacosa, Barolo Riserva Le Rocche del FallettoPiedmontVillage of Serralunga d'AlbaGiacomo Conterno, Barolo FranciaPiedmontThe village of Serralunga d'Alba and the Langhe, ItalyGiacomo Conterno, Barolo Riserva MonfortinoPiedmont
Barolo and its vineyards, Langhe
Barolo seen from north Helge Høifødt · Wikimedia Commons · CC BY-SA 3.0
Barolo and its vineyards, Langhe
An elegant hilltop castle overlooking the village of Barolo, in the heart of… Einaz80 · Wikimedia Commons · CC BY-SA 4.0
The regionPiedmontFoggy hills, and the mighty Nebbiolo grape.About the region
Last reviewed: September 2026Report an error on this page

Related

RegionPiedmontProducerGiacomo ConternoProducerBruno GiacosaResearchWhat a hectare of vineyard costs, from Vosne-Romanée to the Central ValleyProducerGajaAppellationBarbaresco