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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Provence

Pale pink rosé and the serious reds of Bandol.

France · Save

Vineyards in Provence

Provence in a minute

The grapes
Grenache, Cinsault and Syrah for rosé; Mourvèdre for Bandol
What it tastes like
Rosé is dry, pale and delicate, with strawberry and herbs; Bandol is dark, leathery and long-lived.

Good to know

Nine bottles in ten are rosé. Pale colour is a style choice, not a sign of weakness.

On the label

Côtes de Provence is the big appellation; Bandol, Cassis and Bellet are small ones with their own character.

What the land costs

The dearest vineyards here are in Bandol: ≈$123,123–≈$167,895 a hectare (2024). Zone by zone

The business side

Provence makes nine bottles of rosé in ten, and rosé’s boom since 2010 brought LVMH, Chanel and a string of famous owners to buy estates. The official land price in Côtes de Provence is a modest €40,000 a hectare, but estates with a brand sell for far more than their vines, and Bandol, where Mourvèdre makes long-lived reds on terraces above the sea, stands at €125,000.

Economics in brief

SAFER gives Côtes de Provence €40,000 a hectare (€35,000–45,000) and Bandol €125,000 (€110,000–150,000) for 2024. The real prices paid for whole estates have been far higher: rosé is a brand business, and buyers pay for a name, a château and a view as much as for the vineyard. Rosé is also quick money by wine standards, sold within a year of the harvest with no barrels to buy or stock to age, which makes the cash flow unusually simple for a fine-wine region.

Facts and figures

Vineyard land, Bandol
€125,000 a hectare (€110,000–150,000), 2024SAFER, Le prix des terres 2024
Vineyard land, Côtes de Provence
€40,000 a hectare (€35,000–45,000), 2024SAFER, Le prix des terres 2024
The numbers behind the region: land, grapes, yields and costs

Compare regions

InputRangeUnitYearSource
Land — what a hectare of vineyard sells for
Vineyard land, BandolDominant price €125,000/ha in 2024110,000–150,000EUR/ha2024SAFER 2024
Vineyard land, Côtes de ProvenceDominant price €40,000/ha in 2024; whole estates with a rosé brand sell for far more than…35,000–45,000EUR/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