Uruguay: The average land price increased by 6% and sales by more than US$800 million in 2021

Land sold increased by 51% and 232,000 hectares changed hands last year; the average value was US$3,500/ha.

RIO DE JANEIRO, BRAZIL - The land price increased 6% in Uruguay in 2021, with an average value per hectare (ha) of US$3,499, the Agricultural Statistics Office (DIEA) of the Ministry of Livestock reported Tuesday. There were 1,239 purchase and sale transactions of land with an area of nearly 232,000 hectares, an increase of 51% over the previous year, considering the area traded.

The total amount of transactions last year was over US$810 million. The comparison between the first and second half of the year shows an increase of 31% in the number of operations and . . .

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