Bordeaux classified growth (2nd–5th)

• 葡萄生长的土地$4–$25
• 瓶子、瓶塞、标签与外箱$4–$10
• 一整年的葡萄园农事$3–$7
• 陈年期间占用的资金$1–$6
• 酒庄的运营$2–$5
• 酿造葡萄酒$2–$4
• 在酒窖中陈年$1–$3
• 橡木桶$0–$1

The cost of one bottle, at the winery door. Our models are built in US dollars and shown in your chosen currency. The shop price comes later, after the merchant, the importer, the shop and the taxman have each added their share.

• 这里没有更多的土地。 一块著名葡萄园无论多少人想要，面积都不可能再扩大。
• 名称。 数十年积累的声誉，买家愿意为此买单。
• 时间。 买老年份酒，你是在为别人帮你储存这些年付费。
• 其余所有价位。 商人、进口商和零售商各自加上一层利润。
• 买家多，酒少。 每年产量固定，全世界的人都想要。

酒庄的出价

最后一列是开盘价除以我们对该瓶酒生产成本最高估算值所得的结果。

Wine	年份	开售价格	售价 ÷ 酿造成本
Château Lynch-Bages	2025	≈$96	1.5× 按粗略汇率计算
Château Palmer	2025	≈$268	4.3× 按粗略汇率计算
Château Lynch-Bages	2024	≈$67	1.1× 按粗略汇率计算
Château Lynch-Bages	2023	≈$81	1.3× 按粗略汇率计算
Carruades de Lafite	2022	≈$201	3.2× 按粗略汇率计算
Château Lynch-Bages	2022	≈$118	1.9× 按粗略汇率计算
Château Palmer	2022	≈$330	5.3× 按粗略汇率计算
Château Lynch-Bages	2021	≈$101	1.6× 按粗略汇率计算
Château Palmer	2021	≈$269	4.3× 按粗略汇率计算
Château Lynch-Bages	2020	≈$101	1.6× 按粗略汇率计算

数据来源说明

我们介绍的酒庄： A classified Médoc estate with 50–70% new oak and lower land values than the first growths.

什么	低	高	单位	来源
Bottling	0.40	0.90	USD/bottle	Bottling line quotes
Case and packaging	1.00	3.50	USD/bottle	Supplier price lists
Aging before release	1.30	1.60	years	Estate technical sheets
Uses per barrel before sale	3.00	5.00	uses	Corkonomics assumption
Yield	35	48	hl/ha	Estate technical sheets
New French oak barrel	880	1,400	USD/barrel	Cooperage price lists 2025
Evaporation, topping and losses	0.03	0.06	share	Corkonomics assumption
Share of new oak	0.50	0.80	share	Producer technical notes
Financing over the aging period	0.04	0.07	rate	Corkonomics assumption
Cost of capital applied to land	0.03	0.05	rate	Corkonomics assumption
Bottle, closure, capsule, label	2.50	6.00	USD/bottle	Supplier price lists
Vineyard land value (imputed at a cost of capital, not purchased)	900,000	2,200,000	USD/ha	SAFER 2024
Vineyard farming cost	13,000	25,000	USD/ha/year	Trade reporting
Hand harvest and sorting	2,750	5,000	USD/ha	Trade reporting
Winery overhead (staff, insurance, compliance, depreciation)	2.00	5.00	USD/bottle	Corkonomics assumption
Cellar space, topping, monitoring	0.80	1.60	USD/bottle/year	Corkonomics assumption
Winemaking and cellar labour	2.00	4.00	USD/bottle	Corkonomics assumption