Cropland Prices in Hungary Reach HUF 1.9 mln/hectare
Cropland prices in Hungary averaged HUF 1.9 million per hectare last year, climbing from HUF 1.7 mln in 2020, data compiled by the Central Statistical Office (KSH) show.
The median price of cropland was as high as HUF 2.3 mln/hectare in Békés County and as low as HUF 1.1 mln/hectare in Nógrád County.
Cropland rents averaged HUF 72,700/hectare nationwide last year, increasing from HUF 64,400/hectare in 2020.
Cropland rents topped out at HUF 98,200/hectare in Hajdú-Bihar County but were as low as HUF 43,300/hectare in Nógrád County.
Companies Spending Less on Advertising
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
