In Ukraine during last two weeks, 19-31 December, 5.39 thousand deals with agricultural land lots have been concluded, which is 1.9 times more than during the previous period of 5-19 December, while the area of sold land lots has doubled – up to 11.04 thousand hectares.
As reported on the website of the Ministry of Agrarian Policy and Food on Tuesday, during the period from July 1, 2021 to December 31, 2022, in which the land market operates in the country, a total of 142.94 thousand transactions for land lots with a total area of 322.19 thousand hectares were conducted.
According to the Ministry, in the period from 19-31 December daily on average there were 385 transactions with agricultural land with a total area of 0,79 thousand hectares / day, while on 5-19 December these figures were 203 transactions on 0,39 thousand hectares / day, and for November 21 – 5 December – 214 transactions on 0,42 thousand hectares / day respectively.
The specified figure is still significantly lower than before the Russian invasion: according to the latest pre-war data of the Ministry of Agrarian Policy, during the period from 11 to 18 February in Ukraine daily on average there were 621 land deals with a total area of 1.65 thousand ha.
Kharkiv region is in the lead by the total area of agricultural land sold with an indicator of 39.47 thousand hectares. Dnipropetrovsk region is followed by 28.95 thousand hectares, Poltava region – 26.34 thousand hectares, Kirovograd region – 26.12 thousand hectares and Kherson region – 21.03 thousand hectares.
It is specified that during these two weeks most of all agricultural land was sold in Dnipropetrovsk region (1.25 thousand ha), as well as in Khmelnytskyi (1.19 thousand ha), Vinnitsa (1.07 thousand ha), Poltava (1.05 thousand ha) and Kirovograd regions (805 ha).
According to the Ministry of Agrarian Policy, since the beginning of a full-scale Russian invasion in Ukraine, 41.98 thousand hectares of agricultural land transactions with a total area of 77.69 thousand hectares have been concluded. Most of the land was sold in Khmelnytsky, Vinnitsky, Poltava, Kirovograd and Dnipropetrovsk regions during the war.
At that by December 31, 2022, the average price per hectare of agricultural land has increased by 11% compared to December 15 – up to 52.46 thousand UAH/ha from 47.28 thousand UAH/ha.
As it was reported, the market of agricultural land in Ukraine began to work on July 1, 2021. At the first stage of the reform only citizens of the country got the right to buy and sell agricultural land, one individual will be able to hold no more than 100 hectares.
The right to purchase agricultural land from January 1, 2024 will be granted to legal entities created in accordance with the legislation of Ukraine, and the ultimate beneficiary of one or more legal entities will be able to consolidate through them a total of not more than 10 thousand hectares.
