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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Oregon (Willamette Valley)

Cool-climate Pinot Noir from the Willamette Valley.

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Vineyards in Oregon (Willamette Valley)

Oregon (Willamette Valley) in a minute

The grapes
Pinot Noir, with Chardonnay and Pinot Gris
What it tastes like
Red cherry, cranberry and a little earth. Fresh and elegant.
The grapes grown here

Good to know

Oregon is cooler and cloudier than California, which suits Pinot Noir. Its wines are often compared with Burgundy.

On the label

The grape is on the label, usually with Willamette Valley or one of its smaller districts.

What the land costs

The dearest vineyards here are in Willamette Valley: $40,000–$120,000 an acre (2024). Zone by zone

A basket of dark grapes and a pair of muddy boots on red soil between vine rows, with fir trees behind
Pinot Noir just picked on red volcanic soil. Cool, damp autumns suit this thin-skinned grape.
The business side

The Willamette Valley has about 25,000 acres of Pinot Noir on land that has been reported in the tens of thousands of dollars per acre — one to two orders of magnitude below Côte d'Or grand cru. Burgundy houses (Drouhin, Jadot, Méo-Camuzet among others) have bought in, which is itself evidence of the price gap.

Economics in brief

Oregon publishes a vineyard and winery census (Oregon Wine Board / Southern Oregon University) with acreage, tonnes and average prices per ton; Pinot Noir has averaged in the low thousands of dollars per ton. Costs per acre are Napa-like for labour but far lower for land, which is the whole of the Burgundy-versus-Oregon comparison.

Facts and figures

Vineyard area
≈ 45,000 acres in Oregon; Willamette Valley ≈ 30,000Oregon Wine Board Vineyard & Winery Report
Dominant variety
Pinot Noir ≈ 60% of plantingsOregon Wine Board
Vineyards of the Willamette Valley
View over vineyards from the Penner-Ash Winery in Oregon's Willamette Valley JoshMahar · Wikimedia Commons · CC BY-SA 4.0
Vineyards of the Willamette Valley
Willamette Valley Vineyards entrance M.O. Stevens · Wikimedia Commons · CC BY 3.0

What a bottle costs to make here

All models →
The numbers behind the region: land, grapes, yields and costs

Compare regions

InputRangeUnitYearSource
Land — what a hectare of vineyard sells for
Vineyard land, Willamette Valley (planted)40,000–120,000USD/acre2024Broker and trade reporting
Grapes — what growers are paid
Pinot Noir grapes, Oregon average2,800–3,600USD/ton2023Oregon Vineyard and Winery Report
Labour — farming and harvest
Operating cost, established Pinot Noir vineyard6,000–12,000USD/acre/year2023OSU extension cost studies

Where the inputs come from

  1. Broker and trade reporting; Oregon Wine Board
  2. Oregon Vineyard and Winery Report (Oregon Wine Board / SOU)
  3. OSU extension cost studies; grower interviews

Sources

  1. Oregon Vineyard and Winery Report, Oregon Wine Board / Southern Oregon University Research Center, 2025. Retrieved 3 September 2026.
Last reviewed: September 2026Report an error on this page