Agricultural land prices – huge variation across EU

There is a huge variation in agricultural land prices across the European Union (EU), according to Eurostat, the statistical office of the EU.
Among EU member states, the Netherlands recorded the highest purchase price for one hectare of arable land in the EU – an average of €69,632/ha in 2019.
In Ireland, that figure is just over €25,000/ha.
The price of arable land in every region of the Netherlands was above all other available national averages in the EU.

However, among the EU regions for which data is available, the highest prices for arable land were in the Spanish region of The Canary Islands – an average €120,477/ha in 2020.
Eurostat defines arable land as that which is worked – ploughed or tilled – regularly, generally under a system of crop rotation.
Arable land was cheapest in Croatia, with one hectare costing an average of €3,440 in 2020.
At regional level, a hectare of arable land cost the least in the southwest region of Bulgaria – an average of €2,051.
According to a Eurostat statement, land price depends on a number of factors such as national (laws); regional (climate, proximity to networks); and localised productivity factors (soil quality, slope, drainage and so on).
Additionally, the market forces of supply and demand, including the influence of foreign ownership rules, also impacts price.
In all EU regions for which data is available, buying arable land was more expensive than buying permanent grassland.
It was as much as 20 times more expensive on the Greek islands of North Aegean (Voreio Aigaio) and in the Spanish region of Murcia.
Likewise, buying irrigable arable land was more expensive than non-irrigable arable land in almost all regions. It was almost six times more expensive in the Spanish region of Murcia.
Read also
MARKET SIGNALS TO WATCH, June 20 – 27, 2025
Export duty back on the table: Ukraine revisits 10% tariff on soy and rapeseed
Global Trade in Focus: What’s Ahead for Grains & Oils in 2025/26?
India’s palm oil imports jump 61% in June to hit 11-month high
Ukrainian farmers are approaching the harvest of the first million tons of grain o...
Write to us
Our manager will contact you soon