Despite the war, vast damage, and curtailing of the scale of production, the loss of one of the leading sectors of the Ukraine’s economy would hardly threat to the agriculture.
Though, the business landscape and alignment of forces in the agro-business will change irreversibly during the first years after the war, and precursors of this change are already apparent. The biggest players – agroholdings gradually go to oblivion or transform radically, and a new leader will emerge and increase its presence on the market – the government that will obtain maximum of benefits from Ukraine and its agriculture’s integration to the European Union.
Mind Intelligence analyses how the war and related factors transform one of the most crucial branches of Ukraine’s economy.
War Losses
Evaluating the impact of hostilities on the agro-sector and, respectively, the level of expenditure, both time and financial, is hampered by the lack of comparable precedents. Since the Second World War, there haven’t been any case when a country with as vast and critical for the world market agricultural sector, as in Ukraine was a party to a war.
According to the FAO, the UN agricultural division, during the first three years (1996 – 1999) after the war in Bosnia and