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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Bolgheri

A coastal DOC created in 1994 for Cabernet and Merlot, home of Sassicaia, Ornellaia and Masseto.

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The village of Bolgheri
Manuelarosi · Wikimedia Commons · CC BY-SA 4.0

Bolgheri DOC has about 1,400 hectares; Sassicaia has its own DOC (Bolgheri Sassicaia) since 2013, the only single-estate DOC in Italy. Land rose from farmland values to reported figures of several hundred thousand euros per hectare within a generation.

The essentials

Economics in brief

Bolgheri DOC has about 1,400 hectares; Sassicaia has its own DOC (Bolgheri Sassicaia) since 2013, the only single-estate DOC in Italy. Land rose from farmland values to reported figures of several hundred thousand euros per hectare within a generation.

Key facts

Area
≈ 1,400 haConsorzio Bolgheri
DOC created
1994; Bolgheri Sassicaia DOC 2013

The numbers, for the curious

All regions →
InputLowMidHighUnitSource
New French oak barrique2025 8001,0501,300EUR/barrelCooperage price lists and trade report…
Chianti Classico DOCG grapes2023 222EUR/kgPrices of wine grapes recorded by the …
Vineyard labour and operations, top Bolgheri estate2024 12,00017,00022,000EUR/ha/yearEstate interviews reported in the trad…
Vineyard land, Bolgheri DOC2024 250,000425,000600,000EUR/haCREA / trade reporting on Bolgheri lan…
Vineyard land, Brunello di Montalcino2024 300,000450,000600,000EUR/haCREA / Consorzio and trade reporting
Vineyard land, Chianti Classico2024 80,000140,000200,000EUR/haCREA / trade reporting

Where the inputs come from

  1. Cooperage price lists and trade reporting (Wine Industry Network, Wines & Vines), 2024–2025
  2. Prices of wine grapes recorded by the chambers of commerce, 2023 harvest (BMTI analysis, April 2024)
  3. Estate interviews reported in the trade press
  4. CREA / trade reporting on Bolgheri land transactions
  5. CREA / Consorzio and trade reporting
  6. CREA / trade reporting

Producers

The regionTuscanySangiovese country: Chianti, Brunello and the Super Tuscans.About the region

Sources

  1. Il territorio, Consorzio per la Tutela dei Vini Bolgheri, 2025. Retrieved 3 September 2026.
Last reviewed: September 2026Report an error on this page