As of the end of October, 289,000 hectares of agricultural land had been sold in Ukraine, representing less than 1% of the country's total 42.4 million hectares of farmland, according to Opendatabot.
"Before Russia's invasion in February, an average of 10,000 hectares were sold each week. Sales have since fallen fourfold to 2,500 hectares per week. Overall, as of the end of October, 289,000 hectares had been sold, accounting for less than 1% of Ukraine's total 42.4 million hectares of agricultural land," the report stated.
The highest prices per hectare are recorded in central Ukraine, traditionally home to some of the country's most fertile agricultural land.
Since the launch of Ukraine's agricultural land market, the average price has been approximately UAH 37,000 per hectare.
During the first month after market activity resumed in May 2022, prices reached UAH 43,000 per hectare.
