Farmland price in Ukraine hits UAH 34 thou. per hectare

Since the opening of the farmland market in Ukraine on 1 July 2021 the weighted average price per hectare has reached UAH 34 thou. (apx. USD 1.3 thou.).

During this period, 13,997 transactions have been made for the purchase and sale of land plots for commercial agricultural production (land shares) with a total area of 50,180 ha.

Basic data on farmland market in Ukraine as of 8 November:

• the weighted average contract value per land plot — UAH 34,002
• the total number of transactions of purchase and sale of land plots for commodity agricultural production (land shares) — 13,997, which is 16% of all land transactions in the country
• the total area of land shares sold — 50,180 ha
• the average size of the land plot — 3.59 ha
• the maximum price for the land plot — UAH 2,949.1 mln, a plot of 1.947 ha in Kyiv region
• the maximum size of the plot — 46.75 ha in Donetsk region, the price of which was UAH 1,575.43 mln. The registration date is October 11, 2021

Basic data on farmland market in Ukraine for the period 1-7 November:

• the weighted average contract value per land plot — UAH 32,626
• the total number of transactions of purchase and sale of land plots for commodity agricultural production (land shares) — 1,519
• the total area of land shares sold — 5,527 ha
• the average size of the land plot — 3.7 ha
• the maximum price — UAH 968,352 in Kyiv region
• the maximum size of the plot —30,24 ha in Kherson region

Farmland market for individuals—citizens of Ukraine, not more than 100 ha per person—was opened on July 1, 2021.

Latifundist.com

Tags: Ukraine, prices, farmland