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Ukraine's Agribusiness in Wartime infographic report released
24 January 2023, 09:12
Cover of the infographic report "Ukraine's Agribusiness in Wartime"
Photo by: Latifundist.com
Photo by: Latifundist.com
The annual infographic report "Ukraine's Agribusiness in Wartime" covering the 2021/22 season has been completed. It reveals how the war affected the key indicators of the agricultural sector and what trends are observed by industry in the first year of the Great War. The report is now available for free download.
Over the years of independence, Ukraine has become a prominent player in the global food market. This has become even more pronounced after the start of russia's full-scale invasion on February 24, 2022.
This year's edition of "Agribusiness in Ukraine" contains 33 pages of infographics grouped into the following categories: agribusiness in times of war, crop production, livestock farming, processing industry, infrastructure and services, as well as finances.
Issues covered in the report:
- The state of the agricultural sector before February 24, 2022.
- Forecasts for MY 2021/22 and post-invasion environment.
- Industry challenges in wartime.
"Last season was meant to be a record-breaking one for the Ukrainian agricultural sector and further strengthen our position, but in February, russia destroyed everything. Despite this, Ukraine's brave agrarians have shown the world their resilience and readiness to provide food for all. This is proven by the results of the year: 67 million tons of grains and oilseeds was harvested as of late December, and agricultural exports in 2022 totalled USD 23.4 billion, which represents 53% of total exports," comments Alyona Dyachenko, Head of the Latifundist Media project and analytics department.
She adds that the guide will become a practical analytical tool for the international community to support Ukraine even more and particularly agriproducers.
"This report explains how and why Ukrainian agrarians survived in 2022. Traditionally, in infographics and with tons of useful and exclusive data, it demonstrates the transformation of agribusiness into new forms. It also shows the prospects for companies that have found ways to overcome this year's challenges: through changes in strategy, new directions, and the formation of sustainable business models," comments Stanislav Shum, CEO of Top Lead.
Natalia Porvina, Head of Agribusiness Support Department at Credit Agricole Bank, noted that the bank is an eight-year partner of this project and actively participates in the processing of analytics and content creation.
"Plant – harvest, fight – win" is not only the title of this year's report but is also our everyday routine. As a strategic partner for agribusiness, we continue to create additional value for our customers and the industry as a whole by sharing our expertise with market participants. In times of war, it is more important than ever to have access to up-to-date and reliable information and market analytics. We continue to support our customers and finance the industry, as agribusiness is one of the key areas of development for Credit Agricole and the country itself. Together we are stronger!" Natalia Porvina remarks.
The infographic report was created by Latifundist Media and Top Lead content marketing agency with the support of Credit Agricole Bank, the EFSE Development Facility and financial assistance from the European Union under the EU4Business initiative. The views expressed in this publication can in no way be taken to reflect the official position of the European Union.
"It is our honour to support an important initiative exploring the specific challenges faced by Ukraine's agricultural sector. We appreciate the opportunity to work with our partner Credit Agricole Bank and provide local agribusinesses with a deeper understanding of the impact of the war on the sector. The EFSE Development Facility and other stakeholders are committed to bringing their valuable expertise to potential solutions and supporting local companies in identifying the most appropriate measures to mitigate risks," adds Andrea Hagmann, Chairperson of the EFSE Development Facility.
