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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New to wine? Start with the short lessons, then look up any word you do not know.

Learn · Wine words · Your saved pages

Pinot Noir

The light, silky red. Pale in the glass, full of red fruit, never heavy.

Say it: PEE-noh NWAHR · Save

A glass of Pinot Noir with the flavours it is known for

Pinot Noir in a minute

Tastes of
  • Cherry
  • Raspberry
  • Mushroom
  • Rose petal
Most famous in
Burgundy and Oregon
What to try next
If you like it, try Nebbiolo for more grip, or Grenache for more warmth.

How it feels in the glass

Body
LightFull
Tannin
SoftGrippy
Acidity
SoftZingy

Body is how heavy the wine feels. Tannin is the dry grip of strong tea. Acidity is the mouth-watering freshness of lemonade. How to taste wine

What growers are paid for it: Chardonnay / Pinot Noir for sparkling, Carneros and Anderson Valley, $2,500–$4,500 a ton (2024). Every region compared

At the table

What to eat with it

Salmon, duck, roast chicken.

Light enough for fish, with enough flavour for duck. Its freshness cuts through the fat.

Wine with food: the simple rules

Sliced duck breast with mushrooms and a glass of pale red wine
The business side

Pinot Noir grows in Burgundy, Champagne, Oregon, California and Germany. Oregon publishes an average price per ton in the low thousands of dollars; Champagne publishes a reference price per kilo; Burgundy publishes neither because its top producers grow their own. The same variety makes a €20 Oregon wine and a €20,000 Romanée-Conti; the difference is the site.

Economics

Pinot Noir grows in Burgundy, Champagne, Oregon, California and Germany. Oregon publishes an average price per ton in the low thousands of dollars; Champagne publishes a reference price per kilo; Burgundy publishes neither because its top producers grow their own. The same variety makes a €20 Oregon wine and a €20,000 Romanée-Conti; the difference is the site.

Key facts

World plantings
≈ 112,000 haOIV 2017
Oregon price per ton
Published annually in the Oregon Vineyard and Winery ReportOregon Wine Board
Vine density in Burgundy
≈ 10,000 vines/ha

The numbers, for the curious

All regions →
InputLowMidHighUnitSource
Chardonnay / Pinot Noir for sparkling, Carneros and Anderson Valley2024 2,5003,5004,500USD/tonCalifornia Grape Crush Report 2024
Pinot Noir grapes, Oregon average2023 2,8003,2003,600USD/tonOregon Vineyard and Winery Report

Where the inputs come from

  1. California Grape Crush Report 2024 (CDFA / USDA NASS)
  2. Oregon Vineyard and Winery Report (Oregon Wine Board / SOU)

Where it grows

Pinot Noir grapes
From author "Pinot noir grapes from down the street. These will go into a… Robert Pitkin · Wikimedia Commons · CC BY-SA 2.0

Sources

  1. California Grape Crush Report (prices per ton by variety and district), CDFA / USDA NASS, 2025. Retrieved 3 September 2026.
  2. OIV Distribution of the world's grapevine varieties, OIV, 2017. Retrieved 3 September 2026.
Last reviewed: September 2026Report an error on this page