Agricultural land turnover in Ukraine: New challenges and new opportunities

The experience of the market turnover of agricultural land in Ukraine has shown that untimely and insufficiently comprehensive analysis of the functioning of the land market can lead to incorrect conclusions and limit the understanding of its dynamics and impact on the country’s economic situation. The purpose of the study was to identify the main trends and indicators of the market turnover of agricultural land in Ukraine by analysing land ownership transactions. The methodological tools of the problem under study were general scientific and special methods, as well as the method of comparison and abstract and logical methods. The main results of the study are a cost and quantitative assessment of transactions of sale and purchase of ownership rights to agricultural land in Ukraine, which makes it possible to identify the main trends in the land market. Certain provisions can be used to formulate strategies for the development of land relations in Ukraine. The number and share of transactions involving the sale and purchase of ownership rights to agricultural land in the overall structure of transactions is determined. The area of land ownership rights to which were alienated through sale and purchase is determined. The author calculates the value of agricultural land depending on its remoteness from a settlement, regional location and designated purpose. Fluctuations in the value of arable land depending on their territorial location and in the overall dynamics by month are determined. The level of activity of agricultural land market participants in the country as a whole and by regions is determined. The results and trends in the market turnover of agricultural land in the territories where military operations were or are ongoing are investigated. The main key indicators of the market turnover of agricultural land are determined. Forecasts of the value of arable land in Ukraine by the end of 2023 are formed. The discrepancy between the Ukrainian model of agricultural land market turnover and the models operating in the European Union has been established. The results of the study can be used to develop ways to reorient the market turnover of agricultural land to the European principles of functioning aimed at the development of family farming as a fundamental goal of Ukraine’s agricultural policy