In 2020, a Belgian farmer had to pay on average 310 €/ha per year for the rental of croplands and 270 €/ha for grasslands. In 20 years, the agricultural land renting price of croplands has increased by 65% and that of grasslands by 54%.
The increase is the most significant in Flanders where croplands have increased by 80% and grasslands by 68%. In the Walloon Region, the increase is smaller (+48% and +39% respectively). Croplands are rented 391 €/ha in Flanders compared to 244 €/ha in Wallonia, and grasslands are rented 329 €/ha in Flanders compared to 221 €/ha in Wallonia.
At provincial level, West Flanders is the most expensive with croplands rented on average 471 €/ha and grasslands 421 €/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 167 €/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.