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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Brunello di Montalcino

Sangiovese aged for five years before release: Biondi-Santi, Soldera and the long-aged tier of Tuscany.

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Montalcino
LigaDue · Wikimedia Commons · CC BY-SA 4.0

About 2,100 hectares registered for Brunello. Release in the fifth year after harvest (sixth for riserva) makes working capital the dominant cost.

The essentials

Economics in brief

About 2,100 hectares registered for Brunello. Release in the fifth year after harvest (sixth for riserva) makes working capital the dominant cost.

Key facts

Area
≈ 2,100 haConsorzio del Vino Brunello di Montalcino
Release
1 January of the fifth year after harvest

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
Montalcino
Montalcino - Palazzo comunale Luca Aless · Wikimedia Commons · CC BY-SA 4.0
The regionTuscanySangiovese country: Chianti, Brunello and the Super Tuscans.About the region
Last reviewed: September 2026Report an error on this page