Corkonomics

The economics of wine production, collection, and vineyards

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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Wine news

Headlines from wine publications around the world. Each one links to the original story.

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Wine Industry Advisor · 15 October 2026 · Auction

Destin Charity Wine Auction Foundation Announces Its New Name to Better Reflect Its Regional Impact

October 15, 2026 (Miramar Beach, FL) — The Destin Charity Wine Auction Foundation has become the Northwest Florida Children’s Foundation (NFCF), representing its 21 years of investment in systemic change [...]

Wine Industry Advisor · 12 October 2026 · Auction

Henry Tang’s wine collection raises £5m at Christie’s Hong Kong auction

Henry Tang’s wine collection raises £5m at Christie’s Hong Kong auction

Wine Industry Advisor · 7 October 2026 · Auction

Bid, Sip & Savor: Petaluma Gap Winegrowers Unveil the First-Ever Fundraising Auction at the Wind to Wine Festival

Silent and Online Auctions Feature Coveted Wines, Wine Country Experiencesand Travel Adventures to Support the Petaluma Gap Winegrowers Alliance October 7, 2026 (Petaluma, CA) — Wine lovers will have even [...]

Wine Industry Advisor · 6 October 2026 · Auction

Ep 277 – Why Are Some Wines Worth Millions? Inside Sotheby’s Wine Auctions with Nick Pegna

What makes a bottle of wine worth £10,000, £100,000 or even millions? Is it the vineyard, the vintage, the producer, its rarity or the extraordinary story behind it? In this episode of Eat Sleep Wine Repeat, Janina steps inside the fascinating world of fine…

Decanter · 5 October 2026 · Auction

‘Historic’ Château Haut-Brion auction back to 1935 hits €3.4m

Including Jeroboam of Haut-Brion 1989...

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Wine Industry Advisor · 1 October 2026 · Auction

Angelus and Acker Announce Landmark US Auction

The first direct-from-the-estate Angelus offering of this scale brings rare cuvées, library vintages and a one-of-a-kind estate experience to Acker’s US auction on October 17, 2026. October 1, 2026 (Saint-Émilion [...]

Wine Industry Advisor · 1 October 2026 · Auction

Christie’s Offers “The Distinguished Cellar of an American Connoisseur”

Live Auction in NY | October 23, 2026 Continues Celebration of 60 Years of Wine and Spirits Being Offered at Christie’s October 1, 2026 (New York) — Christie’s is honored [...]

Wine Industry Advisor · 1 October 2026 · Auction

French Wine Auctioneer iDealwine Launches Spanish-Language Website, Investing in Its Fastest-Growing Auction Market

October 1, 2026 (Paris, France) — Global leader in online fine wine auctions and specialist online wine store, iDealwine, today announced the launch of its Spanish website. The new, fully [...]

Wine Industry Advisor · 30 September 2026 · Auction

POV – Unboxing $500 Auction Wine Haul!

Couldn't be more excited to open my auction purchase! Some wild gems inside this haul! #fyp #fypシ #fypシ゚ #fypage #pov #asmr #trending #trendingreels #viral #...

Wine Industry Advisor · 17 September 2026 · Auction

Small Lot Bottles Expands Bottling Lines

Expanded Capabilities Elevate Production Capacity and Broaden Opportunities for Wineries, Brands, and Hospitality Partners. September 17, 2026 (Lubbock, TX) — Small Lot Bottles, a leader in fractionalized wine and premium [...]

Wine Industry Advisor · 8 September 2026 · Auction

Paso Robles Wine Country Virtual Auction Begins Monday, September 14

Proceeds Fund Impactful Educational Scholarships September 8, 2026 — The Paso Robles Wine Country Virtual Auction kicks off Sept.14-23, 2026, giving wine lovers the chance to bid on exclusive wine country experiences [...]

Wine Industry Advisor · 8 September 2026 · Auction

VinoCheck Makes DtC Compliance Easier, More Accurate and Affordable for Wineries

DtC compliance for wineries just got a whole lot better, thanks to VinoCheck, a wine compliance software company that, according to its founder Zach Kamphuis, has created a solution for [...]