NO TRADE FOR VINEYARDS: CONFAGRICOLTURA SAYS QUOTATIONS ARE DOWN, EXCEPT FOR THE TOP ITALIAN WINE TERRITORIES. BUT, WHERE THEY COST TOO MUCH, THERE ARE NO BUYERS AND WHERE THEY HAVE LOST VALUE NO ONE WANTS TO SELL…

The situation in Sicily is sporadic: vineyards are quoted from 20.000 to 70.000 euros per hectare and the Etna area, which was last to be valued but now in great vogue, gets top bids. Same thing in Abruzzi where prices of the most valuable DOCG, Colline Teramane, border 100.000 euros. The Loreto Pretino area is stable, but in the rest of the region prices are very low. Ups and downs, according to Confagricoltura, in the Chianti area of Tuscany, where prices have fallen sharply over the last three years, and now range between 70.000 and 130.000 euros per hectare. In Umbria prices of the Sagrantino di Montefalco vineyards are stable at about 70.000 euros, and in the Marche the Verdicchio and Rosso Conero area have registered a slight increase, above 90.000 euros. Sardinia is stable, where the average price is 40.000 euros, with the exception of Vermentino Doc, which is going for 50-60.000 euros. And, in Calabria the most valuable vineyards are Cirò, at 60.000 euros. When it comes to trading, however, these values are only on paper, say Confagricoltura producers, and they all agree, from North to South that where prices go down no one buys, where they go up no one sells. So a new phenomenon is spreading, which WineNews has reported several times: the sale of the brand, where the price does not depend only on quotations of vineyards in the area, but also on its history, quality of wines, the winery and so forth.