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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United States

The largest wine market in the world by value and the home of Napa Valley, the only New World region with a deep collectible tier.

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A California vineyard
Jim G from Silicon Valley, CA, USA · Wikimedia Commons · CC BY 2.0

The United States is the largest wine-consuming country and the largest import market, which is why US tariffs matter to every exporting region. California makes about 80% of US wine; Napa Valley, with under 4% of California's vineyard acreage, produces the wines that trade at auction.

The essentials

Why US economics are unusually transparent

The California Grape Crush Report (CDFA / USDA NASS) publishes tonnes and weighted average prices per tonne by district and variety every year, so Napa Cabernet grape prices are public in a way that no French appellation's are. Federal trade statistics publish wine imports by origin monthly, and the Harmonized Tariff Schedule is public — the raw material of this site's tariff tracker.

Key facts

Share of world wine imports
Largest import market by valueOIV State of the World Vine and Wine Sector
California share of US wine
≈ 80%Wine Institute

Regions

Vineyards in Napa ValleyRegionNapa ValleyThe New World's only deep collectible market, and the wine region with the most transparent grape prices in…Vineyards in Oregon (Willamette Valley)RegionOregon (Willamette Valley)The New World's Pinot Noir benchmark and the natural economic comparison for Burgundy: similar variety and…Vineyards in California sparkling (Carneros, Anderson Valley)RegionCalifornia sparkling (Carneros, Anderson Valley)Traditional-method sparkling wine from California, much of it made by Champagne houses' own subsidiaries —…Vineyards in SonomaRegionSonomaNapa’s cooler, larger neighbour: Pinot Noir and Chardonnay from the fog of the Russian River and the Sonoma…

Sources

  1. California Grape Crush Report, CDFA / USDA NASS, 2025. Retrieved 3 September 2026.
  2. USA Trade Online — imports of wine (HS 2204), U.S. Census Bureau, 2026. Retrieved 3 September 2026.
Last reviewed: September 2026Report an error on this page

Related

RegionNapa ValleyRegionCalifornia sparkling (Carneros, Anderson Valley)RegionOregon (Willamette Valley)RegionSonomaResearchUS wine tariffs 2025–2026: what changed and what it costsResearchVineyard economics in Napa Valley