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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Marlborough

The home of Sauvignon Blanc.

New Zealand · Save

Vineyards in Marlborough

Marlborough in a minute

The grapes
Sauvignon Blanc, with Pinot Noir and Chardonnay
What it tastes like
Gooseberry, passion fruit, cut grass and lime; loud, fresh and unmistakable.

Good to know

There were no vines here before 1973. Today it grows most of New Zealand’s wine and the world’s best-known Sauvignon.

On the label

Grape and region on the front, always.

What the land costs

The dearest vineyards here are in Marlborough: ≈$158,791–≈$224,440 a hectare (2025). Zone by zone

The business side

Marlborough grows about three-quarters of New Zealand’s vines, nearly all Sauvignon Blanc, on the gravel plains of the Wairau and Awatere valleys. It is unusual in having a published benchmark: the Ministry for Primary Industries values a model vineyard each year. Values peaked in 2023 and have eased as returns were squeezed by a large 2024 crop and softer export prices.

Economics in brief

The 2025 Vineyard Monitoring Report values the model Marlborough vineyard at NZ$283,000 a planted hectare, down from NZ$312,000 in 2023; small, well-placed Sauvignon blocks with a strong cropping history have sold above NZ$400,000. Yields are high (the model vineyard crops around 12–14 tonnes a hectare), grapes are mostly sold under contract to large wineries, and the business is one of volume and consistency rather than scarcity: Marlborough Sauvignon is New Zealand’s biggest export earner in wine by far.

Facts and figures

Model vineyard value
NZ$283,000 a planted hectare (2025)Ministry for Primary Industries, Vineyard Monitoring Report 2025
Share of New Zealand’s vines
≈ 70–75%New Zealand Winegrowers
The numbers behind the region: land, grapes, yields and costs

Compare regions

InputRangeUnitYearSource
Land — what a hectare of vineyard sells for
Vineyard land, Marlborough (planted, Wairau Plains model)The 2025 model vineyard is valued at NZ$283,000 a planted hectare, down from NZ$312,000…283,000–400,000NZD/ha2025Ministry for Primary Industries / New …

Where the inputs come from

  1. Ministry for Primary Industries / New Zealand Winegrowers, Vineyard Monitoring Report, Marlborough 2025

Sources

  1. Vineyard Monitoring Report, Marlborough 2025, Ministry for Primary Industries / New Zealand Winegrowers, 2025. Retrieved 6 October 2026.
  2. Marlborough vineyard values remain robust, Colliers New Zealand, 2024. Retrieved 6 October 2026.
Last reviewed: October 2026Report an error on this page