The average sale price per hectare of utilized agricultural land in Estonia increased by 11 percent on-year to €3,308 last year, while the price per hectare of arable land increased by 9 percent to €3,461and the price of permanent grassland by 19.1 percent to €2,856.
Of the counties for which data are available or have been assessed as reliable by Statistics Estonia, the average sale price per hectare of agricultural land was the highest at €3,999, in Valga County, increasing by 19 percent year-on-year, according to Statistics Estonia.
Last year, in second place in terms of price, was Põlva County, where the sale price per hectare of agricultural land reached €3,846, increasing by 50.7 percent compared to 2017. Statistics Estonia does not have data for 2018.
Last year, the lowest average price per hectare was €2,265 in Hiiumaa, increasing by 40.2 percent compared to the 2017 price level. Statistics Estonia does not have data for 2018.
In Saare County, the average price per hectare of agricultural land was €2,42 euros last year, increasing by 7.3 percent compared to 2018.
Editor: Roberta Vaino