Grassroots Journal of Natural Resources

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VOLUME 7, ISSUE 3 (DECEMBER 2024) | Grassroots Journal of Natural Resources

Coordinated and published by The Grassroots Institute, the Grassroots Journal of Natural Resources (GJNR) is an international journal dedicated to the latest advancements in natural resources throughout the world. The goal of this journal is to provide a platform for scientists, social scientists, policy analysts, managers and practitioners (on all academic and professional levels) all over the world to promote, discuss and share various new issues and developments in different arenas of natural resources.

VOLUME 7, ISSUE 3 (DECEMBER 2024)

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M – 00486Review & Analytical Article

The Role of Ukraine in Ensuring Global Food Security: Current Challenges and Prospects

Vasyl Halkin

Faculty of Accounting and Finance, Mykolayiv National Agrarian University, Mykolayiv, Ukraine.

Email: halkinvv@mnau.edu.ua ǀ ORCID: https://orcid.org/0000-0003-4685-9630

Grassroots Journal of Natural Resources, 7(3ukr): s396-s419. Doi: https://doi.org/10.33002/nr2581.6853.0703ukr20

Received: 25 October 2024

Reviewed: 13 November 2024

Provisionally Accepted: 28 November 2024

Revised: 05 December 2024

Finally Accepted: 12 December 2024

Published: 31 December 2024


                                    

Review Reports

Editing Work

Ethical Declarations

ABSTRACT

Even though Ukraine’s GDP is less than 0.2% of the world’s GDP, it is one of the biggest exporters of agricultural products, accounting for 9-11% of global wheat exports and 13–16% of global corn exports. As such, Ukraine has been instrumental in ensuring global food security in recent years. Food insecurity and inflation have been made worse by the war in Ukraine, which has changed global patterns of commodity production, trade, and consumption in ways that will maintain prices at historically high levels. Ukraine managed to restore the main export route for its grain in the Black Sea in volumes close to pre-war levels. The indicators of April 2024 exceeded February 2022. The resumption of Ukrainian grain exports helps in decreasing market prices and reducing world hunger. With this in mind, the purpose of the article is to identify priority areas for strengthening Ukraine's role as a guarantor of global food security. It also highlights the dynamics of production of the main types of crop products in Ukraine. The following methods were used for the study: empirical, monographic, extrapolation, graphical, benchmarking, and SWOT analysis. An in-depth study of secondary data highlights that Ukraine currently holds leading positions in global agricultural production and exports, including sunflower seeds, sunflower oil, rapeseed, a quarter of corn, wheat and barley, and soybeans. Based on the extrapolation method, wheat exports to the world market were forecasted until 2027. The features of Ukraine's dominance in the world sunflower oil market were characterized. 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 article outlines priority directions for developing Ukraine's agricultural sector as a future guarantor of global food security.

Keywords

Food security; Export potential; Agricultural sector; Grains; Oilseeds

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HOW TO CITE THIS PAPER?
Harvard Style

Halkin, V. (2024). The Role of Ukraine in Ensuring Global Food Security: Current Challenges and Prospects. Grassroots Journal of Natural Resources, 7(3): s396-s419. Doi: https://doi.org/10.33002/nr2581.6853.0703ukr20

APA Style

Halkin, V. (2024). The Role of Ukraine in Ensuring Global Food Security: Current Challenges and Prospects. Grassroots Journal of Natural Resources, 7(3), s396-s419. https://doi.org/10.33002/nr2581.6853.0703ukr20

ACS Style

Halkin V. The Role of Ukraine in Ensuring Global Food Security: Current Challenges and Prospects. Grassroots Journal of Natural Resources, 2024, 7 (3), s396-s419. https://doi.org/10.33002/nr2581.6853.0703ukr20

Chicago/Turabian Style

Halkin, Vasyl. 2024. “The Role of Ukraine in Ensuring Global Food Security: Current Challenges and Prospects”. Grassroots Journal of Natural Resources, 7 no. 3: s396-s419. https://doi.org/10.33002/nr2581.6853.0703ukr20

AAA Style

Halkin, Vasyl. 2024. “The Role of Ukraine in Ensuring Global Food Security: Current Challenges and Prospects”. Grassroots Journal of Natural Resources, 7 (3): s396-s419. https://doi.org/10.33002/nr2581.6853.0703ukr20

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