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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Alsace

Dry Riesling and perfumed Gewürztraminer in tall bottles.

France · Save

Vineyards in Alsace

Alsace in a minute

The grapes
Riesling, Gewürztraminer, Pinot Gris and Pinot Blanc
What it tastes like
Riesling is dry, steely and limey; Gewürztraminer smells of roses and lychee.

Good to know

Alsace puts the grape on the label, unusual in France. The Vosges hills keep the rain off, so it is one of the driest places in the country.

On the label

Grand cru names one of 51 slopes. Vendanges tardives means a late, sweeter harvest.

What the land costs

The dearest vineyards here are in Alsace, Haut-Rhin: ≈$15,670–≈$335,790 a hectare (2024). Zone by zone

The business side

Alsace is a long strip of vineyards on the eastern slopes of the Vosges, sheltered from rain and among the driest places in France. Its grands crus, 51 named slopes, make some of the world’s best dry Riesling and Gewürztraminer, yet the region has struggled to be paid for them: a hectare in the Haut-Rhin averages about €130,000 but the official range runs from €14,000 on the plain to €300,000 on the best grand cru slopes.

Economics in brief

The 2024 SAFER table gives a dominant price of €130,000 a hectare in the Haut-Rhin (range €14,000–300,000) and €99,000 in the Bas-Rhin (€15,000–200,000): the widest spread of any French region, because flat vineyard growing grapes for crémant and a terraced grand cru are priced as different things. Alsace’s problem has been that its names are village and grape rather than estate, so the premium the grands crus deserve has been slow to arrive; the best domaines now sell at Burgundy-like prices.

Facts and figures

Vineyard land, Haut-Rhin
€130,000 a hectare (€14,000–300,000), 2024SAFER, Le prix des terres 2024
Grands crus
51 named slopesINAO
The numbers behind the region: land, grapes, yields and costs

Compare regions

InputRangeUnitYearSource
Land — what a hectare of vineyard sells for
Vineyard land, Alsace (Haut-Rhin)Dominant price €130,000/ha in 2024 with the widest range in France, from flat land for…14,000–300,000EUR/ha2024SAFER 2024

Where the inputs come from

  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

Sources

  1. Valeur vénale des vignes en 2024 (the official SAFER table, reproduced), Fidecorex, 2026. Retrieved 6 October 2026.
Last reviewed: October 2026Report an error on this page