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Allegrini 2024

136.000 EUROS WAS THE AVERAGE PRICE FOR A HECTARE OF FRENCH DENOMINATION VINEYARD IN 2014, AN INCREASE OF 3.6% OVER 2013. THE TOP ARE CHAMPAGNE VINEYARDS + 4.2% APPRECIATION, 1.12 MILLION EUROS A HECTARE

136.000 euros was the average price paid for a hectare of French denomination vineyards in 2014, up 3.6% over 2013, a level never reached before, according to data collected annually by the National Federation of Sociétés d'aménagement foncier et d'établissement rural (that deal with rural development in the various regions of France), while maintaining a high degree of disparity among the regions.
At the top, as always, the Champagne vineyards, pulling the price increase upwards 4.2%: an acre there, in 2014, was worth 1.12 million euros. Very far away, at the bottom of the standings, at just 11.900 euros per hectare are the vineyards of Languedoc-Roussillon (+ 1.7%). In terms of growth, as reported by the French portal "Vitisphere" (www.vitisphere.com), the performance of Alsace-East (+6.6%, 132.500 euros per hectare), but also the Burgundy-Beaujolais-Savoy-Jura group (+ 4.3%, 148.000 euros per hectare), and the Rhône-Provence estate (+ 2.8%, 40.000 euros per hectare).

The value of vineyards outside the denominations is also growing
+ 5%, bringing them to an average price of 12.700 euros per hectare. The highest growth has been recorded in the Southwest
(+ 7.7%), the Vallée du Rhône (+ 6.2%) and Languedoc (+ 4%), which in 2014 reported 70% of non denomination vineyard sales and where, between 2010 and 2014, the value per hectare has increased by as much as 13%. Transactions have grown almost everywhere, with the exception of the Bordeaux-Aquitaine basin, which is now stable, after a euphoric period between 2013 and 2014, when as many as 14% of the vineyards changed hands. In 2014, in total, 16,000 hectares of vineyards were traded, for a total value of 790 million euros.

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