On the issue of apple orchard insurance in Kazakhstan

Agricultural production insurance is widely used in world practice as one of the effective methods of protection against the influence of negative factors (weather and business risks) on the performance of agricultural producers. Assistance to farms in combating losses caused by emergency situations in agricultural sector is a form of state support for gardeners to ensure sustainable development of the sub-sector. The goal is to justify the need for prospective and retrospective analysis of effectiveness of apple orchard insurance system to ensure profitability of agribusiness and consumers of their own products in fresh and processed form. Methods - comparisons, generalizations of economic indicators in the study of apple market in the republic for 2019-2023, consideration of the dynamics of their imports, as well as the main importing countries. Results - production volumes of this industry segment were determined, assessment of modern approaches to insurance services for apple orchards was given, problems in agricultural insurance of perennial crops were identified, the need for analysis of regulatory insurance of agricultural risks in cultivation of apple trees was indicated, the role of local government in solving financial and organizational issues of improving farmers' insurance was substantiated. Conclusions - the international practice of insuring agricultural entities contributes to ensuring economic sustainability of agro-industrial complex through improving insurance mechanism and large-scale insurance activities in agribusiness, reducing impact of weather and agricultural risk events, and increasing responsibility of participants in insurance processes. Serious obstacle to the use of insurance products is unstable financial condition of gardeners, which does not allow them to carry out insurance on voluntary basis. In addition, the underdevelopment of integrated logistics and significant volumes of imported products hinder the development of market for such a mass-market product as apples in the republic. Agricultural production insurance is widely used in world practice as one of the effective methods of protection against the influence of negative factors (weather and business risks) on the performance of agricultural producers. Assistance to farms in combating losses caused by emergency situations in agricultural sector is a form of state support for gardeners to ensure sustainable development of the sub-sector. The goal is to justify the need for prospective and retrospective analysis of effectiveness of apple orchard insurance system to ensure profitability of agribusiness and consumers of their own products in fresh and processed form. Methods - comparisons, generalizations of economic indicators in the study of apple market in the republic for 2019-2023, consideration of the dynamics of their imports, as well as the main importing countries. Results - production volumes of this industry segment were determined, assessment of modern approaches to insurance services for apple orchards was given, problems in agricultural insurance of perennial crops were identified, the need for analysis of regulatory insurance of agricultural risks in cultivation of apple trees was indicated, the role of local government in solving financial and organizational issues of improving farmers' insurance was substantiated. Conclusions - the international practice of insuring agricultural entities contributes to ensuring economic sustainability of agro-industrial complex through improving insurance mechanism and large-scale insurance activities in agribusiness, reducing impact of weather and agricultural risk events, and increasing responsibility of participants in insurance processes. Serious obstacle to the use of insurance products is unstable financial condition of gardeners, which does not allow them to carry out insurance on voluntary basis. In addition, the underdevelopment of integrated logistics and significant volumes of imported products hinder the development of market for such a mass-market product as apples in the republic.