Arable land in Serbia shrunk by 23.81% in the last 11 years

A hectare of the best agricultural land in Vojvodina cost 5,000 euros in 2008, and today the price goes up to 120,000 euros, data have shown.

Agricultural land is a non-renewable resource and experts say that it is drastically decreasing in terms of its surface area, but at the same time, it is being increasingly exploited and its quality is jeopardized. They also warn that available and used agricultural land is decreasing.

According to the first results of the 2023 agricultural census published by the State Statistics Office, available agricultural land spans 4,073,703 hectares, used agricultural land 3,257,100 hectares, while 122,257 hectares are unused agricultural land.

Agroeconomist Milan Prostran says that the available agricultural land has been reduced by 1.2 million hectares, or 23.81 percent, in the last 11 years.

“Available agricultural land in 2012 was 5,346,597 hectares and in 2023, there will be 4,073,703 hectares of land available,” said Prostran.

He explains that a large segment of those 1.2 million hectares, by which the available land has been reduced, has been used for the construction of infrastructure facilities, such as highways.

Prostran also noted that when Serbia signed the Stabilization and Association Agreement with the European Union in 2008, the price of the top quality land in Serbia, located in Vojvodina’s county of Bačka, cost 5,000 euros per hectare, and today the price ranges between 50,000 and 120,000 euros per hectare.

As for the quality of Serbian land, Bojan Stanic, from the Serbian Chamber of Commerce, says that the quality of arable land has been dropping although that’s a long-term process.  

“The quality of our land, which used to be one of the best in this part of Europe, is seriously threatened. In Vojvodina, which has the most fertile land, humus, which is a sign of soil quality, has decreased from 5 percent to 2.5 percent”, Prostran adds.

(Biznis i Finansije, 25.04.2024)

https://bif.rs/2024/04/106167/

This post is also available in: Italiano

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