In 2018, a Belgian farmer had to pay on average 305 €/ha per year for the rental of croplands and 269 €/ha for grasslands. In 20 years, the agricultural land renting price of croplands has increased by 70 % and that of grasslands by 62 %.
The increase is the most significant in Flanders where croplands have increased by 86 % and grasslands by 76 %. In the Walloon Region, the increase is smaller (+53 % and +47 % respectively). Croplands are rented 381 €/ha in Flanders compared to 244 €/ha in Wallonia, and grasslands are rented 324 €/ha in Flanders compared to 223 €/ha in Wallonia.
At provincial level, West Flanders is the most expensive with croplands rented on average 455 €/ha and grasslands 402 €/ha. This is more than twice the amounts paid in the province of Luxembourg where agricultural land renting prices for croplands and grasslands amount to 176 €/ha and 169 €/ha, respectively.
The agricultural land renting price is the amount paid annually by the tenant to the landlord for the use of his land for agricultural purposes.