Year: 2024 | Month: | Volume 69 |

Ukraine’s Contribution to Global Food Security: Contemporary Challenges and Future Opportunities

Vasyl Halkin
DOI:10.46852/0424-2513.4.2024.20

Abstract:

The article assesses the actual state of export potential to determine priority directions for strengthening Ukraine’s role as a guarantor of global food security. The dynamics of production of the main types of crop products are presented. Ukraine’s position in global production and export of major types of agricultural products is determined. Forecasting of wheat exports to the world market until 2027 is carried out. The characteristics of Ukraine’s dominance in the global sunflower oil market are described. To reflect the
impact of the war on global and Ukrainian food security, a benchmarking analysis of wheat exports in Ukraine and Russia for 2014-2024 was conducted, and the change in the global Food Price Index and certain types of products (2009-2024) was considered. A SWOT analysis of Ukraine’s agricultural sector in the international market is presented. The priority directions for developing Ukraine’s agricultural sector as a future guarantor of global food security are outlined.

Highlights

  • The place of Ukraine in the world production and export of major agricultural products is determined, and the actual state of export potential is assessed to determine the priority areas for strengthening Ukraine’s role as a guarantor of global food security.
  • A benchmarking analysis of wheat exports in Ukraine and Russia for 2014-2024 is carried out and the changes in the world price index for food and certain types of products (2009-2024) are considered.




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