From 10 to 600.000 € per hectare. How much an hectare of vineyard in Italy?

Vines and wines

From 10 to 600.000 € per hectare. How much an hectare of vineyard in Italy?

From 10.000 € in Copertino in Puglia to 600.000€ in Lago di Caldaro in Alto Adige there are all sorts of prices in Italy.

By Donatella Cinelli Colombini

Montalcino_Wine_area

Montalcino_Wine_area

A recent article in the “Corriere Vinicolo” (26 November pp.20-21) creates a map of value of Italian vineyards, underlining the decrease in sales but also the stable prices regardless of the economic crisis our Nation is facing. The report carried out by Inea points out how in Italy, from the beginning of the Millennium, the value of vineyards has increate by 28% consequently more than inflation, so in real terms, it has grown by 2% and all of this regardless of the contraction in prices which took place after 2008.

The average value of one hectare on a National level is of 36.000€ which means a lot more than that of other cultivations which is o f about 19.400€.

What does this survey say then about the period  2010-2011: negative period for prices of vineyards for  Veneto and Tuscany regions  In the latter the land for producing  Brunello and Chianti Classico have decreased in value , even if just a little.

The major increases have taken place in Trentino Alto Adige, Emilia Romagna, Friuli Venezia Giulia and Marche.

Lago-di-caldaro_vineyards

Lago-di-caldaro_vineyards

In the last year the value of the vineyards producing table grapes in Puglia and Lazio have positively reacted to the increase in price of this fruit. Let’s see on the grid where the best bargains are and where the land costs millions. The most convenient vineyard are in  Copertino in Puglia (10.000€), followed by those in  Cannonau in Sardegna and by Orvieto, respectively costing 11 and 13.000€ per hectare.

On the opposite side the most expensive vines are those near the Caldaro Lake in Alto Adige (600.000€) followed by  Brunello,  Trento and Franciacorta indicated at 380, 374€ and 210.000€ per hectare.

Surprisingly the cost of vineyards in Piemonte vary from 65.000 € in Canelli to 18.000 € per hectare in the less prestigious DOC areas. The region with the highest values is definitely Trentino Alto Adige where the minimum price of 250.000 € per hectare. Along these lines but still quite accessible is

Franciacorta_wine_area

Franciacorta_wine_area

Tuscany where the difference in value is between  50.000€ per hectare in  Carmignano and on the other side  Brunello, while  Chianti Classico vineyards near Siena cost more than those near Florence.

To conclude, renting costs have gone up in northern Italy, where demand is superior to what is on offer, while in the south things went in the opposite manner.

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1 Comment

  1. zinneken Reply

    I searched on the Corriere Vinicolo and inea web site, but couldn’t find the report you are basing your very interesting blog post on. Could you point to these reports or say where to find it? Thanks!

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