French barrel manufacturers are investing more and more money.

Barrel manufacturers pay millions for old oak trees

The Editors, 09.11.2022

Driven by high demand from top wineries worldwide, French barrel manufacturers recently paid millions for old oaks at a timber auction.

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To be able to meet the increasing demand from top international wineries, French barrel manufacturers are investing more and more money in old oak trees. This growing trend was confirmed at a recent auction of the French forest administration ONF, the "Office National des Forêts", which achieved a new record turnover: a total of 15 million euros paid for 44,000 cubic metres of wood, well in excess of the 10 to 13 million predicted.

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