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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What land costs in Rhône

Peppery Syrah in the north, warm Grenache blends in the south.

About Rhône · All regions

Vineyards in Rhône

The dearest land here is Côte-Rôtie: ≈$1,119,300–≈$1,790,880 a hectare (2024). The cheapest is Côtes du Rhône, at ≈$7,835–≈$20,147 a hectare.

Zone by zone

  1. ≈$1,119,300–≈$1,790,880a hectare · 2024 · up 8% on 2023

    The 'roasted slope': steep terraces above the Rhône, worked by hand, and a small, famous appellation.

  2. ≈$559,650–≈$1,511,055a hectare · 2024

    A single granite hill of about 135 hectares. There is no official price because plots almost never change hands.

  3. ≈$559,650–≈$593,229a hectare · 2024 · up 2% on 2023

    Round stones and warm sun; the largest fine-wine appellation of the southern Rhône.

  4. Côtes du Rhône
    ≈$7,835–≈$20,147a hectare · 2024

    The everyday regional appellation across the valley.

Bars are drawn against the dearest zone here, on a rough rate of one dollar to 0.9 euros and 2.47 acres to the hectare.

What the land adds to a bottle

What a bottle costs to make →

If the vineyard were sold and the money put in the bank, this is what it would earn each year, spread over the bottles the land produces. It is the biggest line in the cost of a famous wine.

The bar is the land’s share of the whole cost of making the bottle, at the high end of each estimate.

The regionRhônePeppery Syrah in the north, warm Grenache blends in the south.About the region

Sources

  1. SAFER / FNSAFER, Le prix des terres 2024 — the official 2024 vineyard-value table (Décision du 26 août 2025, from SAFER data) as reproduced by Fidecorex, 10 February 2026, 2024.
  2. Trade reporting on northern Rhône land; SAFER publishes no significant figure for Hermitage (the official 2024 table gives Cornas €500,000/ha and Côte-Rôtie €1,350,000/ha), 2024.

Other regions

BordeauxBurgundyChampagneNapa ValleyTuscanyPiedmontMoselOregonRiojaCalifornia sparklingValais and LavauxEnglandEtnaMendozaMarlboroughStellenboschBarossa ValleyTasmaniaBeaujolaisJuraAlsaceLoireProvenceRibera del DueroSonoma