Position of Ukraine on the Global Food Market
According to the United Nations by 2050 the world's population may exceed 9 billion people, while farmed land won’t be expanded (now about 1.6 billion hectares). The increase in yields is quite insignificant, since today in Europe, USA and other countries with high-efficient agriculture, the yield of basic crops is already very high and can only be increased due to genetically modified products. Accordingly, in the long term there will be a deficit in the world food market, which will cause an increase in prices on the global market. This opens great prospects for Ukrainian agriculture.
The Ukrainian agribusiness is one of the most attractive sectors of the economy, bringing substantial revenue to the budget and over 30% of all currency earnings from export operations. More than 3.5 million people are employed in agriculture. Ukrainian agribusiness is actively developing and will continue to grow in the future. That is why Ukrainian agriculture is regarded as one of the top priorities for investments.
Ukraine is one of the leaders in production and export of agricultural products. In particular, it ranks first in export of sunflower oil and second in export of grains (except for the entire EU). The products are shipped to more than 120 countries around the world.
Ukraine has a very convenient geographical location. On the one side, the way opens to Europe, on the other side – to Middle East, Asia and North Africa. Agricultural products are shipped from the ports of Nikolaev, Odessa, Yuzhny, Chernomorsk and Kherson. Except for port grain silos and transshipment facilities, there are many inland grain elevators, and a well-developed railway network provides a cost-effective delivery to ports, and to customers in other countries. In particular, our company exports and delivers goods by rail to Belarus, Poland and the Baltic countries.
Ukraine has a huge agricultural potential, as it has one of the richest soils on Earth, called black earth soil. Black soil is the most fertile soil, and in its physicochemical, mineralogical, agrochemical properties Ukrainian black soils are considered to be the best in the world. Ukraine has 42.3 million hectares of farmland, of which 27.8 million hectares are black soils. Not surprisingly, that Ukraine is one of the leaders in the world market of agricultural products without having the most advanced technologies for land cultivation. This is largely due to climate conditions: a fairly mild winter (the average temperature in different regions varies from -4 ° C to -12 ° C), moderately warm summer (from +18 ° C to + 25 ° C) and about 230 solar days per year create favorable conditions for basic crops cultivation.
Ukraine is one of the major players in the global food market. Annually, tens of millions of tons of agricultural products, grains, vegetable oils, flour, meat, honey, vegetables and many other food products are exported from our country. Exports turnover is increasing every year, and Ukraine has a substantial potential for further export growth.
We, as an export-oriented company, keep abreast of the main market events and make our contribution to the exports turnover of our country. At the moment, our products are delivered to more than 15 countries around the world, and the geography of our supplies continues to expand.