Over the past two weeks on October 3-17, 4.05 thousand transactions were concluded in Ukraine with agricultural land plots with a total area of 7.33 thousand hectares, which is 2.9 times and 2.6 times, respectively, higher than the figures for the previous period September 19-October 3.
As reported on the website of the Ministry of Agrarian Policy and Food on Monday, in general, for the period from July 1, 2021 to October 17, 2022, during which the agricultural land market operates in the country, 126.21 thousand transactions took place on land plots with a total area of 289, 31 thousand hectares.
According to the agency, for the period October 3-17, an average of 289 transactions with agricultural land with a total area of 0.52 thousand hectares / day were concluded daily, while for two weeks September 19 – October 3, the daily indicators of the land market averaged 93 transactions per total area of 0.17 thousand ha/day, for the week of September 12-19 – 210 transactions with a total area of 0.4 thousand ha/day, for the week of August 22-29 – 164 transactions for 0.28 thousand ha/day, and for August 15-22 – 198 transactions on 0.69 thousand hectares.
This figure is still significantly lower than before the Russian invasion: according to the latest pre-war data from the Ministry of Agrarian Policy, during the period February 11-18, an average of 621 land transactions with a total area of 1.65 thousand hectares were concluded in Ukraine daily.
In terms of the total area of sold agricultural land plots, the Kharkiv region is in the lead with an indicator of 38.2 thousand hectares. It is followed by Dnepropetrovsk – 25.4 thousand hectares, Poltava – 23.3 thousand hectares, Kirovograd – 23.1 thousand hectares and Kherson – 21 thousand hectares of the region.
According to the Ministry of Agrarian Policy, since the beginning of the full-scale Russian invasion in Ukraine, 25.24 thousand transactions have been concluded with agricultural land with a total area of 44.78 thousand hectares. Most land plots sold during the war were in Khmelnitsky (4.92 thousand hectares), Poltava (4.89 thousand hectares), Vinnitsa (4.87 thousand hectares), Kirovograd (4.71 thousand hectares) and Dnipropetrovsk regions (4.08 thousand ha).
It is specified that over the past two weeks, the average price of 1 ha of agricultural land has not changed compared to the previous two-week reporting period and remained at the level of UAH 37.21 thousand / ha.
As reported, the agricultural land market, launched in Ukraine as part of the government’s land reform, began operating on July 1, 2021. At the first stage of the reform, only citizens of the country will be able to buy and sell land. One individual can have at his disposal no more than 100 hectares.
The right to acquire agricultural land on January 1, 2024 will be given to legal entities established in accordance with the legislation of Ukraine, while the final beneficiary of one or several legal entities will be able to consolidate through them a total of no more than 10 thousand hectares.
