According to Eurostat data for 2016, the most expensive farmland was in the Netherlands - the undisputed leader in the cost of buying and selling agricultural land among all EU countries. According to a report by the Statistical Office of the European Union (Eurostat) on land prices in the EU member states, the purchasing prices for arable land in the Netherlands in 2016 averaged about 63,000 euro / ha, the German resource topagrar.com writes.
The Netherlands is followed by Italy with 40,000 euros / ha. In Germany in 2016, farmland located in the 'old' lands was estimated at 32,503 euro / ha, in the 'new' lands - 13,811 euro / ha.
The highest increase in purchasing prices in the period from 2011 to 2016 was registered by the Eastern Member States. According to Eurostat, the prices for arable land tripled in the Czech Republic - in 2016 a hectare of arable land in the Czech Republic cost an average of 5,400 euros, which is not much less than in France, for which the average level of farmland prices was about 6,000 euro / ha. In the year under review, the prices for arable land in Romania were the cheapest - about 2,000 euros. In three Baltic countries and Hungary, the corresponding prices doubled between 2011 and 2016 in Hungary - an average of 4,100 euro / ha and in the Baltic States to 3,000 euro / ha.
The Netherlands has also become the most expensive country at the cost of annual leases for arable land - an average of 791 euro per hectare. Further, Denmark follows from 536 euro / ha and Austria from 348 euro / ha. The cheapest land was leased in 2016 in Latvia, an average of 46 euro / ha.
Source: agroxxi.ru.
