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Rustic land in Spain ages: only 10% of the owners are under 40 years old
11th March 2022Rural land in Spain does not stop aging in Spain. The advanced age of the owners and the fragmentation that exists in this type of transmission warn about the future of this type of asset. The future goes through the revitalization of the market to ensure a generational change, but the task does not seem easy. It should be noted in this regard that a study by the Cocampo digital platform collected by El Mundo states that only 8% of agricultural owners are under 35 years of age, although those under 40 do not reach 10% of the total either.
The report also throws up a fact that worries the sector: a third of the owners are over 65 years of age, which draws a very old scenario. "The agricultural economy arises from the land. It is the key productive element of the rural economy and a scarce productive asset. At the same time, the rural land market is opaque and inefficient, which, among other things, makes it difficult to access of new owners to the land and the modernization of the sector", says Regino Coca, founder of the platform that has just started its activity.
By communities, the study states that farm managers under 40 years of age only exceed 10% in Cantabria, Extremadura, Andalusia and the Canary Islands. For its part, the Basque Country and the Valencian Community are the regions that accumulate the lowest percentage of this 'young' owner, accumulating 6.2% and 5.8%, respectively.
But the report also reveals another series of data related to the gender of the owners of these rustic floors. Data that draw a 'male' field because in Spain there are 945,024 farm managers: 731,154 are men, which represents 77.37%, while 213,871 are women, which represents 22.63% of the total. Or what is the same, only a third of this type of land have a woman as owner. Taking as a reference those under 40 years of age, it is clarified that women only represent 2% of that 10%.
Lastly, of the 23.2 million hectares of useful agricultural area in Spain, 59% are owned, 32.6% are leased, 2.5% are communal lands and 5.9 The remaining % are classified in other tenure regimes.