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.

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Sangiovese

Italy's tangy, savoury red. Made for the dinner table.

Say it: san-joh-VAY-zeh · Save

A glass of Sangiovese with the flavours it is known for

Sangiovese in a minute

Tastes of
  • Sour cherry
  • Tomato leaf
  • Dried herbs
  • Leather
Most famous in
Tuscany: Chianti and Brunello di Montalcino
What to try next
If you like it, try Nebbiolo for more power, or Tempranillo for more smoothness.

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

At the table

What to eat with it

Tomato pasta, pizza, grilled meat.

Tomato is sharp and so is Sangiovese. The two balance each other, which is why Chianti and tomato sauce are old friends.

Wine with food: the simple rules

A pizza with tomato, mozzarella and basil beside a tumbler of red wine
The business side

Sangiovese makes most of Tuscany's wine and its economics span the whole range from bulk Chianti to Brunello's long-aged riservas. At Montalcino the aging requirement — release in the fifth year — is the dominant cost.

Economics

Sangiovese makes most of Tuscany's wine and its economics span the whole range from bulk Chianti to Brunello's long-aged riservas. At Montalcino the aging requirement — release in the fifth year — is the dominant cost.

Key facts

Plantings
≈ 70,000 ha in ItalyISTAT

Where it grows

Sangiovese grapes
A grape of the Italian grape variety Sangiovese Please note: This photo can be reproduced. Please quote the source as indicated below: Ursula Brühl, Julius… · Wikimedia Commons · CC BY-SA 4.0

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