The Price of Vines   

Vineyard prices in Cognac since 1991

Published at December 1, 2023 by Bernard Charlotin
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Vineyard prices in Cognac since 1991

Updated on 25 July 2023

Like every year, we update our articles on the sale prices of vineyards in France and more particularly in the Cognac vineyards, which are located in the Charente (16) and Charente-Maritime (17) departments.

You will find wine estates for sale on our site. You will also find vineyard plots for sale in the Property category. Finally, if you are interested in buying shares in a Groupement Foncier Viticole, please also visit the Property category.

Data source : The data used in this article comes from statistics published by the SAFER relating to plots larger than 70 ares (7,000 m² or 0.70 hectare) and which have been statistically processed by Agreste (the statistical department of the Ministry of Agriculture) and then published in the Journal Officiel in the Barème indicatif de la valeur vénale moyenne des terres agricoles en 2022.

As mentioned, these market prices are purely indicative and in no way oblige you to buy or sell at the rates indicated. If you look at the details of the minimum and maximum values shown, you will see that prices generally vary widely. However, they should be taken into account to avoid any pre-emption with a price revision by the SAFER.

Changes in the price of vines in Cognac since 1991

The price of vines in Cognac continues to rise sharply. Between 2011 and 2022, prices have risen by 93%! The year 2022 closes with a further 3.1% increase in the price of vines for Cognac production, exceeding the 60,000 euros per hectare mark for the first time.

However, the market seems to be entering a new phase, with the interprofession noting a 20% drop in sales volume, and after several years of strong growth in the area of vines planted (more than 3,000 hectares per year in 2022 and 2023), the area of new plantings should not exceed 100 hectares in 2024.

Let's hope that this slowdown in sales does not result in a crisis of the kind this vineyard has experienced in the past. At its lowest point in 2001, a hectare of vines was worth just €15,000 per hectare, a drop of almost 50% compared to 1991.

Bassin viticole

Cognac

1991

28,7

1992

30,3

1993

26,5

1994

25,8

1995

24,1

1996

22,5

1997

19,5

1998

15,9

1999

14,3

2000

15,1

2001

15,0

2002

15,5

2003

16,9

2004

17,4

2005

18,3

2006

20,8

2007

24,1

2008

25,3

2009

26,6

2010

27,8

2011

31,4

2012

35,3

2013

39,1

2014

41,0

2015

42,8

2016

43,5

2017

47,1

2018

48,9

2019

51,9

2020

55,5

2021

58,7

2022

60,5

Evolution
2022/2021 en %

3,1%

Evolution
2022/1991 en %

111,0%

Price in thousands of euros per hectare

Vineyard prices by department and appellation

Désignation

  2020 

  2021 

  2022 

  Minima 

  Maxima 

Evolution
2022/2021 en %

Vins à Eaux De Vie AOP

54,4

56,9

60,3

 

 

  • 5,9%

Cognac Grande Champagne

57,0

60,0

65,0

48,0

75,0

  • 8,3%

Cognac Petite Champagne

52,0

54,0

58,0

45,0

68,0

  • 7,4%

Cognac Borderies

56,0

60,0

65,0

48,0

75,0

  • 8,3%

Cognac Fins Bois

54,0

56,0

58,0

45,0

72,0

  • 3,6%

Cognac Bons Bois

39,0

40,0

40,0

35,0

50,0

  • 0,0%

Price in thousands of euros per hectare

Désignation

  2020 

  2021 

  2022 

  Minima 

  Maxima 

Evolution
2022/2021 en %

VEDVAOP

56,6

60,6

60,7

 

 

  • 0,2%

Cognac Petite Champagne

65,0

70,0

70,0

45,0

80,0

  • 0,0%

Cognac Borderies

55,0

65,0

70,0

45,0

85,0

  • 7,7%

Cognac Fins Bois

60,0

65,0

65,0

40,0

70,0

  • 0,0%

Cognac Bons Bois

40,0

40,0

40,0

25,0

50,0

  • 0,0%

Price in thousands of euros per hectare

 

Our articles on vine prices in France

We present comprehensive statistics on vineyard prices in France.

We analyse land prices at the time of publication of the official SAFER figures:

This last series gives you more detailed prices for each vineyard:

Please do not hesitate to contact us if you need help interpreting these data.

These figures are updated every year following publication by Agreste (the Ministry of Agriculture's statistics department) of the official land price figures, which are derived from SAFER statistics.

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