Tuesday, October 15, 2024
HomeNewsDanish Economy20% increase in the price of agricultural land in Denmark

20% increase in the price of agricultural land in Denmark

-

Three years ago, the price for a hectare of agricultural land was 150.000 DKK. Today, it increased to 181.000 DKK. Why? There is a demand for green conversion projects – to transform agricultural land into forests or solar cell parks.

  • It is predicted that the agricultural area of Denmark will be reduced by 10% until 2030. The value of farmland will continue to increase, making the current farmers very happy. However, the future looks bleak for new farmers who have to acquire land. 
  • Today, 61% of Denmark’s area is agricultural land.
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

Related articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Stay connected

Latest posts