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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Romanée-Conti

A 1.81-hectare monopole that produces the most expensive wine in the world in about 5,000–6,000 bottles a year.

The Romanée-Conti vineyard and its cross
© Pierre André · Wikimedia Commons · CC BY-SA 4.0

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Area1.8 ha4 ac
Planted1.8 ha
Yield25.0 hl/hahectolitres per hectare
Land value, regional range≈$7,275,450–13,431,600 /haSAFER grand cru averages; the site does not trade 2024
Elevation270 m

Romanée-Conti is a grand cru of 1.81 hectares owned entirely by Domaine de la Romanée-Conti. Yields are low (the domaine reports around 25 hl/ha in a normal year), and the wine is sold only in mixed cases with the domaine's other grands crus. SAFER's grand cru averages are meaningless here — the site has not changed hands since 1869 and never will at a market price; any value is imputed.

The essentials

The site and its economics

Romanée-Conti is a grand cru of 1.81 hectares owned entirely by Domaine de la Romanée-Conti. Yields are low (the domaine reports around 25 hl/ha in a normal year), and the wine is sold only in mixed cases with the domaine's other grands crus. SAFER's grand cru averages are meaningless here — the site has not changed hands since 1869 and never will at a market price; any value is imputed.

Site facts

Grape varieties
Pinot Noir
Soil
Limestone and marl with iron-rich clay
Climate
Continental, east-facing mid-slope
Coordinates
47.1640, 4.9490
Owner
Domaine de la Romanée-Conti (monopole)DRC
Bottles a year
≈ 5,000–6,000DRC, widely reported
Planted
Replanted 1947 after phylloxera-era decline; earlier vines dated to 1585 ownership records

At the going rate for vineyard land in this region, a site this size would be worth roughly ≈$13,168,564–≈$24,311,196. Famous vineyards like this one almost never change hands, and when they do the price is far higher.

Wines from this site

The regionBurgundyPinot Noir and Chardonnay at their most detailed.About the region

Sources

  1. Le prix des terres — vignes, SAFER / FNSAFER, 2025. Retrieved 3 September 2026. FNSAFER figures as reproduced in the official 2024 vineyard-value table (Décision du 26 août 2025), on a page that opens from outside France.
Last reviewed: September 2026Report an error on this page