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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Châteauneuf-du-Pape

The southern Rhône's flagship: 3,200 hectares of Grenache on stony soils, with Rayas and Beaucastel at the collectible top.

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Châteauneuf-du-Pape
jean-louis zimmermann · Wikimedia Commons · CC BY 2.0

The appellation permits 13 grape varieties and mechanisation on flat ground; the collectible tier is defined by old vines and low yields rather than land scarcity. SAFER reports land well below the northern Rhône's.

The essentials

Economics in brief

The appellation permits 13 grape varieties and mechanisation on flat ground; the collectible tier is defined by old vines and low yields rather than land scarcity. SAFER reports land well below the northern Rhône's.

Key facts

Area
≈ 3,200 haFédération des Producteurs de Châteauneuf-du-Pape

The numbers, for the curious

All regions →
InputLowMidHighUnitSource
New French oak (barrique/demi-muid)2025 8001,1501,500EUR/barrelCooperage price lists and trade report…
Bulk Côtes du Rhône red, per hectolitre2025 129139149EUR/hlInter Rhône bulk-market data
Vineyard labour, northern Rhône terraces2024 20,00030,00040,000EUR/ha/yearProducer interviews reported in the tr…
Vineyard land, Châteauneuf-du-Pape2024 500,000520,000530,000EUR/haSAFER 2024
Vineyard land, Côtes du Rhône2024 7,00010,00018,000EUR/haSAFER 2024

Where the inputs come from

  1. Cooperage price lists and trade reporting (Wine Industry Network, Wines & Vines), 2024–2025
  2. Inter Rhône bulk-market data, 1 August to 30 November 2025, as reported by Vinetur, December 2025
  3. Producer interviews reported in the trade press; hours per hectare several times the Médoc's
  4. SAFER / FNSAFER, Le prix des terres 2024 — the official 2024 vineyard-value table (Décision du 26 août 2025, from SAFER data) as reproduced by Fidecorex, 10 February 2026

Producers

The regionRhônePeppery Syrah in the north, warm Grenache blends in the south.About the region

Sources

  1. Le prix des terres — vignes, SAFER / FNSAFER, 2025. Retrieved 3 September 2026. FNSAFER figures as reproduced in the official 2024 vineyard-value table (Décision du 26 août 2025), on a page that opens from outside France.
Last reviewed: September 2026Report an error on this page