Top 20 most expensive vineyards in France 2018

In 2018, eleven vineyards had a value of more than one million euros per hectare. The most expensive being the vineyards of Bourgogne grand cru, whose value was estimated at 6.25 million euros per hectare in that year. Among the regions represented in this ranking were five wines from the Côte d'Or department and six vineyards in Gironde (Bordeaux), including Pauillac and Pomerol.

Soaring land prices

French farmers are seeing the price of their land skyrocket. In 1997, when a young farmer wanted to buy a new piece of land, he would have had to spend 3,030 euros per hectare. By 2018, the price had doubled, reaching a value of 5,990 euros. Farmers in the Bouches-du-Rhône department are the ones who had to pay the most. For one hectare of land, they would have had to pay 17,300 euros in 2018.

Burgundy, a PDO agriculture region

Burgundy is not only famous for its wines. Burgundian farmers produce the most PDO products in France. Indeed, the departments of Yonne and Côte-d'Or are among the French departments offering the highest number of products under the AOP (Appellation d'origine contrôlée) label . Although PDO wines are a real tool for promoting French agricultural savoir-faire, winegrowers are finding it more and more difficult to sell them for export.
The wine industry is not the only agricultural sector to suffer from the economic slowdown, especially on the European internal market. The entire French agricultural sector had a negative trade balance with EU countries in 2018.

The twenty most expensive vineyards in France in 2018

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Source

Release date

December 2019

Region

France

Survey time period

2018*

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Statistics on "Economic report of French agriculture"

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