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

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Tempranillo

Spain's smooth, savoury red. Often aged in oak until it tastes of vanilla and spice.

Say it: tem-prah-NEE-yoh · Save

A glass of Tempranillo with the flavours it is known for

Tempranillo in a minute

Tastes of
  • Cherry
  • Dried fig
  • Tobacco
  • Vanilla
Most famous in
Rioja and Ribera del Duero
What to try next
If you like it, try Sangiovese for more tang, or Grenache for more fruit.
GrenacheSangiovese

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: Tempranillo grapes, Rioja, ≈$0.90–≈$1.79 a kg (2024). Every region compared

At the table

What to eat with it

Roast lamb, cured ham, grilled vegetables.

Savoury and smooth, it suits cured ham and slow-cooked lamb, the staples of northern Spain.

Wine with food: the simple rules

Cured ham, a clay dish of slow-cooked meat, roast peppers and a glass of red wine
The business side

Tempranillo is Spain's most planted quality variety and the grape of its collectible wines. Grape prices in Rioja are reported regionally and are low by French standards; aging requirements, not grapes or land, are the main cost of the classic gran reservas.

Economics

Tempranillo is Spain's most planted quality variety and the grape of its collectible wines. Grape prices in Rioja are reported regionally and are low by French standards; aging requirements, not grapes or land, are the main cost of the classic gran reservas.

Key facts

World plantings
≈ 230,000 ha, nearly all in SpainOIV 2017

The numbers, for the curious

All regions →
InputLowMidHighUnitSource
Tempranillo grapes, Rioja2024 112EUR/kgGobierno de La Rioja / trade reporting

Where the inputs come from

  1. Gobierno de La Rioja / trade reporting

Where it grows

Vineyards in RiojaRegionRiojaSpain's classic region: 65,000 hectares, a century of gran reserva tradition, and collectible wines that…

Famous wines

All famous wines →
Marqués de Murrieta, RiojaMarqués de Murrieta, Castillo Ygay Gran Reserva EspecialRioja

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

Related

RegionRiojaProducerMarqués de MurrietaRegionRibera del Duero