Premiere Napa Valley’s average bottle price dropped ~39% from 2023, and ,000+ lots disappeared. Cabernet Sauvignon still dominates volume, but Cabernet Franc averaged higher prices ( vs ), hinting at shifting demand. The downturn coincides with closures and vineyard sales in Napa, including Gallo’s Ranch House shutdown and Trinchero listing vineyards. Via Wine-Searcher. Read more