There is a lot of talk about a “crisis” in the wine industry today. If the market is working, it should lead to falling prices for vineyard land. We do not have any really up-to-date statistics, it will take some time. But we do have figures from 2024 from French SAFER which will be an interesting comparison for the 2025 figures (when they arrive).
The number of transactions fell by 1.4% to 8650 (purchase+lease).
The area increased marginally by 0.1% to 16,000 ha (out of a total of around 780,000 ha in France).
Bordeaux and Rhône had the largest increase in the number of transactions (just over 7%).
Loire, Charentes-Cognac and Corsica fell. And the prices? They fell overall.
- AOP/AOC -1.1% to €176,400/ha,
- and if excluding Champagne (which is doing better) -3.9% to €93,800/ha,
- land without AOP (i.e. IGP, VDF) -7% to €13,800/ha.
The price range is enormous. The most famous appellations (Champagne, Burgundy Grand Cru, Bordeaux famous communes) cost at least one or sometimes several million €/ha, well over several hundred times more than the cheapest land. Region by region:
- Alsace-Est
- €117,000/ha (-0.7%),
- Bordeaux-Aquitaine
- €101,000/ha (-18.4% – the crisis in Bordeaux is showing),
- Burgundy-Beaujolais-Savoie-Jura
- €295,900/ha (+11% – a curious mix of regions that is likely to be dominated by Burgundy),
- Champagne
- €1,121,800/ha (+1.7% – compared to everyone else they are doing excellently),
- Corsica
- €23,700/ha (0%),
- Languedoc-Roussillon
- €14,300/ha (-5.1%),
- Sud-Ouest
- €13,400/ha (-9.1%),
- Val de Loire-Centre
- €51,000/ha (-2.2% – where some of the most famous AOPs are probably keeping the level up ) and
- Vallée du Rhône-Provence
- €58,700 (-0.5% – where probably the trophy vineyards on the Riviera’s Millionaire’s Row with fortune-costing pale rosé will push up the average).
The risk is that the figures for 2025 will not be any rosier. The statistics will be published in May.
All data from SAFER and le-prix-des-terres .
Here are some comparable numbers from 2023.
