Over UAH 30 billion has been invested in land by Ukrainians in the four years since the opening of the agricultural land market, according to the StateGeoCadastre. Despite the coronavirus crisis and war, the average price of a hectare has increased by 60%. Currently, the average price per hectare is UAH 60.7 thousand. The number of transactions has increased by 13% in 4 years. Currently, the most expensive land is in Ivano-Frankivsk, Lviv and Kyiv regions.
339,644 land sale and purchase transactions have been concluded since the opening of the land market in Ukraine in July 2021. In total, more than 636 thousand hectares were sold for UAH 30.4 billion. At the same time, the average price per hectare increased by 60% to UAH 60.7 thousand per hectare as of June 2025.
We follow the dynamics on the page about the Land Market in Ukraine.
The first months after the market opening were quite active. Thus, in July 2021, more than 2 thousand transactions were concluded, and the average price per hectare reached UAH 95.7 thousand. The excitement slowly subsided: the number of transactions increased, while the average price fell. Thus, in December 2021, a hectare cost UAH 33.7 thousand.
With the outbreak of a full-scale war, the market practically stopped, with 323 transactions in May 2022 alone. Recovery began in the summer, but volumes remained low: up to 4.6 thousand transactions per month. This was three times less than at the end of 2021.
In 2023, the market gradually stabilized: 4 to 7 thousand transactions were made every month. At the same time, the price was also growing: from 39 thousand UAH/ha at the beginning of the year to 42 thousand UAH/ha at the end of the year.
At the beginning of 2024, the land market became available to companies as well – the market revived, but the expected surge did not happen. This is likely due to restrictions on transactions with Ukrainian land for companies with foreign owners. For example, half of the top 10 companies in the agricultural sector according to the Opendatabot 2025 Index have foreign roots. Since March, the number of transactions has exceeded 9 thousand per month, and the total monthly value of transactions is over UAH 1 billion. The price per hectare in 2024 ranged from UAH 43-52 thousand.
If we compare the first half of 2025 with the first period of the land market (July-December 2021), the number of transactions increased by 13%, while the value of transactions almost tripled (from UAH 2.85 billion to UAH 8.22 billion).
Currently, land in Ivano-Frankivsk region is the most expensive – on average, a buyer pays UAH 126.6 thousand per hectare. Lviv region is next with 118.3 thousand UAH/ha, Kyiv region – 89.4 thousand UAH/ha, Ternopil region – 86.9 thousand UAH/ha. Among the frontline regions, Dnipropetrovs’k region leads in terms of agricultural land prices, with buyers paying an average of UAH 73.9 thousand per hectare.
The lowest land prices are in the frontline regions: Zaporizhzhia region – 38.3 thousand UAH/ha, Kherson region – 39.1 thousand UAH/ha, Chernihiv region – 41.1 thousand UAH/ha, Mykolaiv region – 41.6 thousand UAH/ha and Odesa region – 41.8 thousand UAH/ha.
This year, the most active land purchases are in Poltava (5.4 thousand transactions), Vinnytsia (5.4 thousand) and Kyiv (4.7 thousand).
https://opendatabot.ua/analytics/land-2025
The Organization of Petroleum Exporting Countries (OPEC) has published a long-term forecast for the period until 2050, according to which oil and natural gas will remain the main sources of energy, occupying more than half of the global energy balance. This confirms the importance of hydrocarbons in the global economy and the strategic nature of energy policy.
Oil and gas demand forecast
The key drivers are:
Contradictions with other forecasts
This outlook indicates that oil and gas will retain its prominent position for at least the next 25 years. And while renewable energy is rapidly gaining momentum, the transition away from the traditional energy system must be smooth and gradual, taking into account real economic and social factors.
According to preliminary forecasts, on July 22, Ukraine is expected to experience a very sharp rise in air temperature, reaching +35 and possibly +40 degrees Celsius or even slightly higher, according to weather forecaster Natalya Didenko.
“On Thursday and Friday, July 17-18, fresh air will break through over a significant part of Ukraine, albeit briefly, and the air temperature will drop to an unlikely +18+25 degrees, and in the south and east to +26+30 degrees. However, by next weekend, the thermometers will creep back up again. I don’t want to scare you in advance, but at the beginning of next week, tentatively on Tuesday, July 22, according to preliminary forecasts, Ukraine is expected to experience a very high jump in air temperature, that is, above +35 and probably up to +40 degrees and even slightly higher,” she wrote on her Telegram channel on Sunday.
Didenko noted that “this is a preliminary forecast because it is too far away.”
The admission campaign is in full swing at the Kyiv National University of Construction and Architecture (KNUBA) – creative competitions for applicants began in early July. Among those taking exams this summer are Ukrainian defenders. In particular, veteran Vadym Honcharenko and several of his comrades have decided to enroll at KNUBA. They have chosen modern and sought-after specialties, such as architecture, industrial and civil engineering (ICE), physical education and sports (coaching), cybersecurity, as well as a field to which the university pays special attention – ecology and environmental protection technologies (EPT). According to the veterans, they understand the importance of higher education and retraining: new knowledge will help them join the great reconstruction of the country and find themselves in a peaceful life. Vadym Honcharenko, who uses a wheelchair, notes that continuing his education is both a challenge and an opportunity for him. For the university and the Ukrainian Veterans Cluster, this case highlights the relevance of accessibility issues: they are now jointly seeking funding to adapt the educational space to the needs of students with disabilities.
“The war will end sooner or later, but education and reconstruction will definitely continue. We need to prepare for this now,” said Natalia Goncharenko, head of the Ukrainian Veterans Cluster, quoting a well-known opinion about the inevitability of peace and development. As the leader of a veterans’ organization, she emphasizes the need to invest in veterans’ knowledge today. Natalia added that the admission campaign is ongoing, and those who wish to obtain a master’s degree on a budgetary basis still have a chance to submit their documents—the state and partners provide separate funding opportunities for veterans. Thanks to the efforts of the Veterans Cluster and KNUBA, with the support of business partners, a program of special scholarships for veterans and their families has already been launched. The first benefactor of this initiative was Axor Industry. At a recent event dedicated to the launch of the Re:Veterans Platform reintegration program, Axor’s Deputy Marketing Director Olena Krekina presented a program of cooperation between employers on internships and employment for veterans. As a stakeholder representative, Olena is preparing to teach at the university starting next academic year in order to directly share her experience with veteran students.
These innovations are being implemented in line with the state policy of supporting defenders. On July 11, KNUBA and the Ministry of Veterans Affairs signed a memorandum of cooperation that expands opportunities for training and professional adaptation for veterans in Ukraine. “For the university, the veteran program is a response to one of the main challenges facing the country. We help veterans gain a new profession and return to civilian life with relevant knowledge and skills,” said KNUBA Rector Oleksii Dniprov. According to Deputy Minister for Veterans Affairs Yulia Kirillova, combatants and their families can now obtain a master’s degree at KNUBA free of charge, as well as obtain another specialty based on a previously obtained diploma. In addition, veterans and their children can study at colleges affiliated with the university under a state program (CMU Resolution No. 432). For its part, the university provides the Ministry with expert support in creating a modern infrastructure for veterans. In particular, specialists from KNUBA and the Institute for the Reintegration of Veterans “Architecture of Resilience” are involved in developing the concept of “veteran spaces” — a network of multifunctional support centers for veterans and their families. It should be noted that KNUBA students who are children of veterans are already eligible for compensation for one year of study. All these steps are designed to ensure a smooth transition from military service to a successful civilian career for our defenders.
Veteran reintegration: employment and entrepreneurship after the war
The Ukrainian Veterans Cluster emphasizes that the most important result of all educational initiatives is a veteran (and their family) who is employed or a veteran entrepreneur who has started their own business. The goal is not only to obtain a diploma, but also to enable defenders to become economically independent and successful in peaceful life. Global experience confirms that the integration of veterans into the economy through education, work, or entrepreneurship gives a powerful impetus to the development of a country.
“Veterans are not only a force that protects, but also a force that builds,” emphasizes Axor, a company that supports veteran initiatives. The main task is to help defenders realize their potential in peaceful life. In Ukraine, this philosophy is already being implemented through retraining programs, partnerships with businesses, and support for entrepreneurship among former military personnel. After all, every veteran who finds employment or starts a successful business is not only a personal victory for the soldier, but also a contribution to the sustainable development and recovery of the country.
Ukrainian President Volodymyr Zelensky noted the importance of productive meetings of the Verkhovna Rada next week in his evening address on Saturday.
“A law on multiple citizenship has already been passed, and this is an important issue, particularly for those who are fighting for Ukraine. I am eagerly awaiting the unblocking of this law so that it can be signed without delay,” the head of state said.
He also said that two significant decisions on international agreements had been prepared: “First of all, the agreement on the establishment of a Special Tribunal for the Crime of Russian Aggression must be ratified, and it is also worth supporting our country’s withdrawal from the Ottawa Convention on Landmines. Russia has never been a party to this convention and actively uses all types of mines. We in Ukraine need parity in defense — in particular, the political and legal foundations for such parity,” Zelensky explained.
In addition, “a bill on a military ombudsman has already been prepared for its second reading, and this new systemic step is necessary to implement the necessary changes in the army. I will be grateful to the people’s deputies who support these and other decisions that are extremely important for our state this week,” Zelensky added.
European leaders and industry circles have reacted strongly to US President Donald Trump’s announcement that he will impose 30% tariffs on imports from the EU from August 1, a significant increase on the current 10% base rate, according to Euractiv.
According to the publication, the decision has caused outrage among EU member state leaders, who are calling for an immediate and tough response from Brussels. European diplomats will hold an emergency meeting on Sunday to discuss measures
Bernd Lange, chairman of the European Parliament’s Trade Committee, called Washington’s actions “arrogant and a slap in the face” and said that countermeasures should take effect as early as Monday.
French President Emmanuel Macron called on the European Commission to resolutely defend the EU’s interests if no agreement is reached by August 1.
Spanish Prime Minister Pedro Sánchez noted the strength of the single market, while Italian Prime Minister Giorgia Meloni expressed hope that escalation could be avoided.
Hungary criticized the European Commission, saying that tariffs should have been lowered after Trump’s return.
Meanwhile, representatives of European industry are warning of serious consequences of the new tariffs. The Federation of German Industries (BDI) called Trump’s statement “an alarm bell” and called for a quick solution to avoid further escalation. According to official data, German exports to the US have already fallen to their lowest level since March 2022,” the statement said.
The food industry, particularly the wine sector, is particularly affected. The Italian wine association UIV said the new tariffs could lead to an embargo on 80% of Italian wine exports to the US. “This is the darkest page in the relationship between two historic allies,” said UIV President Lamberto Frescobaldi.
