My Man In Champagne Facebook Page My Man In Champagne Twitter feed linkedin My Man In Champagne YouTube link My Man In Champagne RSS feed
logo

Vines For SaleI always used to tell people that a hectare of prime vineyards in Champagne -  in a Grand Cru village - would set you back about a million euros.  It seems I'm way behind the times.

I was chatting to a prominent vigneron the other day, who has a very substantial estate, and he told me that he had recently been offered a hectare of Grand Cru at 1.8 million euros! That's a lot of money and it fact it's so much that you'd never get your money back from making champagne - or to put it another way, starting a champagne business these days is simply doesn't make economic sense.

To underline the point, so my source told me, here's what's happended to a few prices over the opast 10 years:

  • the price of a hectare of vines has gone up  72%
  • the price of a kilogram of grapes has increased 20%
  • but the selling price of a bottle of champagne has gone up a mere 1.5%

Who'd be a champagne maker eh?

Never mind, it's much easier being a champagne drinker!

Stay Bubbly

Jiles

^