PROSPECTS FOR THE DEVELOPMENT OF UKRAINE’S AGRICULTURAL SECTOR IN THE CONTEXT OF ECONOMIC AND GEOPOLITICAL CHALLENGES
The agro-industrial complex of Ukraine is an important segment of the national economy that faces numerous challenges, particularly due to the full-scale war, which has significantly impacted production processes, export activities, and international trade relations. The authors of this article examine the current state of the agro-industrial sector of Ukraine in the context of the war, analyzing the main trends in the industry’s development, factors affecting the efficiency of agricultural production and exports, as well as the ways of adapting to global economic and geopolitical challenges. The article notes that the agro-industrial sector of Ukraine remains a leader in the global market for grain and oilseeds, despite difficulties associated with disrupted logistics chains, a lack of finance, and technological shortages. The significant role of the sector in ensuring food security not only for Ukraine but also for many partner countries, particularly in Europe and Asia, is emphasized through export volume data. The authors emphasize the importance of the restoration of grain exports via maritime corridors, despite the ongoing hostilities. The article also analyzes changes in the structure of the agro-industrial complex, particularly the growth of sunflower and sunflower oil production, which is linked to global demand and the development of the processing industry. However, the raw-material orientation of exports, dependence on global food prices, and climate risks remain major challenges. Based on data on grain and oilseed exports, as well as key trading partners, the authors discuss opportunities to enhance the competitiveness of the agricultural sector through the implementation of modern technologies and agricultural production methods. Thus, the article makes an essential contribution to understanding the current situation of Ukraine’s agro-industrial complex, revealing its strategic significance for the national economy and global food security, while also proposing ways to overcome crisis phenomena and ensure the sustainable development of the industry.
Authors
- Mykhailo Ishchuk
- K. Holub
Publication Details
- Journal
- Scientific Notes of Taurida National V I Vernadsky University Series Economy and Management
- Published
- 2025-01-01
- DOI
- https://doi.org/10.32782/2523-4803/75-2-4
- Primary Topic
- Agriculture Market Analysis Ukraine
- Type
- article
- Field-Weighted Citation Impact
- 0.00