The cost of agricultural land in Ukraine may increase by 20%

Deputy Minister of Agrarian Policy and Food for Digital Development, Digital Transformations and Digitization Denys Bashlyk believes that this year in the central regions it is quite possible to expect an increase in the value of land up to 20%. As the government official noted in his own blog on "Economic Truth", this is due to the limited number of plots.

It should be noted that in the period from January 1, 2014 until the cyber attack of the Russian special services on the state registers of Ukraine, 104,368 land plots with a total area of ​​314,000 square meters were alienated under sales contracts. Ha. At the same time, in the fourth year of market operation, the number of concluded agreements increased by 3.5 times, which is almost 300% in percentage terms. Legal entities bought 24,514 land plots with a total area of ​​76,534 hectares, and natural persons - 79,854 land plots with a total area of ​​237,487 hectares. Currently, the average price per hectare has reached UAH 46,683 (almost $1,600).

At the same time, the highest indicators of liquidity can be seen mainly in the central and western regions of Ukraine. Currently, the highest prices for agricultural plots in Ivano-Frankivsk — UAH 90,328, Lviv — UAH 71,896, Poltava — UAH 66,315, Ternopil — UAH 64,055 and Kyiv region. — UAH 60,141. And the lowest prices are recorded in the territories covered by hostilities, as well as in the frontline areas.

As Denys Bashlyk pointed out, if this trend continues in 2025, it is quite possible to expect an increase in the value of land up to 20% in the central regions. This is primarily due to the limited number of plots. Another factor is the increase in rents, which will also significantly stimulate the demand for land.

It is worth adding that since the beginning of the full-scale invasion of Ukraine, the number of fields from which farmers could harvest has decreased by 20%. This assessment was voiced by the Minister of Agrarian Policy and Food of Ukraine, Vitaly Koval, on the air of Yedynykh Noviny. At the same time, he reminded that Ukraine grows three times more products than it consumes, "and as for grain and oil crops, domestic products still occupy a leading position on the world stage".