The analysis of European arable land prices reveals significant disparities across countries, with regions in the Netherlands showcasing the highest values as of 2023. The Eastern Netherlands leads with prices around 94.75 thousand Euros per hectare, surpassing Western and Southern regions. Comparatively, the average price in Poland is notably lower at approximately 12.67 thousand Euros per hectare. Over the past year, Croatia experienced a sharp rise in land prices by 98.93%, while the Spanish market saw a decline of 4.36%. Around 2023, a general uptick in prices was observed in countries like Sweden (8.16%) and Romania (43.75%).
Looking forward, trends to monitor include potential market corrections in Croatia due to recent spikes, and the anticipated continued appreciation in regions like Romania and Sweden, driven by increased agricultural activities and foreign investments. Economic policies, climate change impacts, and technological advancements in agriculture could also influence future land valuations across Europe.
Top countries in Arable Land Price by Country
| # | 10 Countries | Euros Per Hectare | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Eastern Netherlands | 94,750 | 2022 | |||
| 2 | 2 Western Netherlands | 77,900 | 2022 | |||
| 3 | 3 Netherlands | 77,580 | 2021 | +14.18% | +5.75% | View data |
| 4 | 4 Southern Netherlands | 75,390 | 2022 | |||
| 5 | 5 Northern Netherlands | 64,560 | 2022 | |||
| 6 | 6 South Aegean (Greece) | 63,580 | 2022 | |||
| 7 | 7 Luxembourg | 42,720 | 2022 | -9.66% | +3.72% | View data |
| 8 | 8 Eastern and Midland Ireland | 41,350 | 2022 | |||
| 9 | 9 Western Slovenia | 39,490 | 2022 | |||
| 10 | 10 Adriatic Croatia | 39,190 | 2022 |
