How much does a hectare of vineyard cost?

Vineyard - how much does a hectare of vines cost?

In France, the price of viticultural land is now 2.5 times higher than it was 20 years ago. We have analysed Safer’s annual report into the cost of the price of a hectare and this is what it shows. The price of vines has increased, especially in the most prestigious appellations, but there is one great French region that has seen its prices fall – which one is it? Bordeaux,  Burgundy, Champagne or the Rhône Read on to find out. 

Prices by region

Overall, the price of vines in 2022 increased in all categories:

  • +2.3% for AOP vines
  • +2.1% for AOP vines excluding Champagne
  • +3.1% for brandy vines
  • +1.9% for vines outside of AOPs

Now let’s take a closer look at how each region fared. The following figures compare the prices for wine-producing land in 2021 and 2022.

Alsace

The price increased by 1.3% with 28% more sales than the previous year and grand crus were in demand.

Champagne

The price of a hectare of vines grew by 2.4%. In 2022, Champagne production reached new heights with a record 322 million bottles.

Côte des Blancs: €1 617 100 /ha (in 2019) vs €1 659 000 /ha (in 2022)
Côte d’Epernay and Grande Montagne: €1 154 800 €/ha (in 2019)
Other regions (Marne): €1 019 100 €/ha (in 2019)
Aube: €957 900 /ha (in 2019)

Average price of vines in Champagne: €1 066 000 /ha in 2022 (+2.4% in comparison with 2021).

Bordeaux

If you guessed that Bordeaux would be region where the price of vine-growing land had dropped, you’d have been right. Here, the price decreased by 3%, which is largely due to the plots where vines are being pulled up.

Pauillac: €3 000 000 /ha (in 2022)
Saint-Estèphe: €550 000 /ha (in 2022)
Saint-Julien: €1 800 000 /ha (in 2022)
Moulis: €80 000 /ha (in 2022)
Margaux: €1 500 000 /ha (in 2022)
Pessac-Léognan:  €500 000 /ha (in 2022)
Sauternes: €30 000 /ha (in 2022)
Pomerol: €2 000 000 /ha (in 2022)
Saint-Emilion: €300 000 /ha (in 2022)
Fronsac: €22 000 /ha (in 2022)

Average price of vines in Gironde: €127 000 /ha in 2022 (-3% in comparison with 2021). The decrease in the AOCs of Bordeaux and Côtes de Bordeaux is hard to swallow (-36% in the value of a hectare in 4 years).

Burgundy

Grands crus: €6 500 000 /ha (in 2019)
White premiers crus: €1 650 000 /ha (in 2019)
Red premiers crus: €710 000 /ha (in 2019)

Premiers crus: +15% between 2021 and 2022
Appellations in Côte de Beaune and Côte de Nuits: +7% and +9% between 2021 and 2022

Average price of vines in Yonne: €174 400 /ha in 2022 (+1% in comparison with 2021).

Average price of vines in Côte d’Or: €887 200 /ha in 2022 (+12% in comparison with 2021 – an explosion of prices in 1 year).

Average price of vines in Saône-et-Loire (which straddles Mâconnais, Cote Chalonnaise and Beaujolais): €82 100 /ha in 2022 (+2% in comparison with 2021).

South of France

Languedoc-Roussillon: +1.4% here – there weren’t too many sales but those did take place were at higher prices.

Provence: + 0.8% for vines here.

Corsica: -7.7% – there really were only a handful of sales here so this figure should be treated with caution.

South-West: +7.9% for the price of vines here – prices in AOCs like Cahors are skyrocketing, +36%.

Loire Valley

The prices of vines in the area Val de Loire-Centre increased by 11.1% – the largest increase in 2022!

Rhône Valley

Vines here increased in price by 0.8%. Prices in the Diois AOC decreased by 17% but there was an increase of 4% for the price of a hectare in the Chateauneuf-du-Pape AOC.

Saint-Joseph: €120 000 /ha (in 2022)
Côte Rôtie: €1 250 000 /ha (in 2022, +4% when compared to 2021)
Cornas: €500 000 /ha (in 2019)
Crozes-Hermitage: €150 000 /ha (in 2022)
Châteauneuf-du-Pape : €450 000 /ha (in 2019)

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