agriculture invested 34% more than the previous year

agriculture invested 34% more than the previous year

The Agricultural Statistics Office (DIEA) of the Ministry of Livestock, Agriculture and Fisheries (MGAP) reported the figures for the sale of land for agricultural use in the year 2022, where there were 1,585 operations for 1,089 million dollars, which meant an increase in investment of 34% compared to the previous year.

In addition, it is a record amount of the last decade: the last time a higher number was seen was in 2013, when operations totaled 1,305 million dollars.

While in the first half of 2022 sales totaled 343 million dollars, in the second half of the year, some 756 million dollars. In addition, the average value per hectare during the past year was 3,741 dollars/ha.

In turn, according to the report, Last year, 291,250 hectares were sold, 26% compared to the previous year.

In the disaggregated data, strong activity is observed in the second semester, where 188,009 hectares were sold, a much higher figure than the 103,241 hectares in the first semester. In addition, in the first six months of last year the operations were 609, while in the second half, 976.

Which are the departments where there were more operations

According to the Agricultural Statistics Office, the departments with the largest operated area were lavalleja, Florida and Peachaccumulating around 82,000 hectares for 290 million dollars, which constituted 28% and 27% of the respective totals of last year.

Durazno experienced a general real estate boom last year as a result of the installation of the pulp mill in UPM.

While the highest average prices were registered in Soriano, Cologne and Black riverwhere the hectare was marketed on average at 6,926 dollars, 6,904 dollars and 5,763 dollars respectively.

At the other extreme, the lowest average price corresponded to Leap with 2,244 dollars per hectare. The department suffers all kinds of economic consequences due to the exchange rate difference with Argentina.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts