Burgundy, France

Burgundy's Grand Cru Pinot Noirs and Chardonnays from tiny plots like Romanée-Conti command the world's highest wine prices, with a single bottle of 2015 Romanée-Conti averaging $15,000—over 30% higher than the top wine from #1 Bordeaux. Its 28,000 hectares are divided into 1,200 climats, each a UNESCO World Heritage micro-terroir producing age-worthy wines with an average yield of 35 hectoliters per hectare, far below the regional average of 55 hl/ha. The 2018 vintage saw a 45% price increase over 2017, driven by scarcity and demand. Burgundy's obsession with terroir and miniscule production ensure its wines are investment-grade assets, with bottle prices 20% higher than equivalent Napa Cabernets.