CURRENT TRENDS IN GLOBAL FOOD TRADE

Abstract

Objective. The objective of the research is theoretical and practical study of factors and directions of influence on the formation of modern trends in world food trade and directions for overcoming the food crisis. Also research of food security problems and ways to overcome the food crisis in Ukraine. Methods. To achieve the goal, the following methods were used: descriptive, analytical, analysis and synthesis, generalization and systematization, induction and deduction, statistical, tabular. Results. As a result of the conducted research, it was established that food is a primary strategic commodity, a priority direction for the development of the world economy and international politics. Also, under the current circumstances, the problem of ensuring global food security in the modern world is intensifying, the main reasons for which are the instability of the global agro-food market and the crisis in agricultural production. It was determined that at the current stage of the development of economic thought there is no single approach and methods of developing world food trade in the processes of ensuring food security. There are a large number of funds and organizations that help develop world food trade, due to which they stabilize the state of world food security with some success, providing recommendations and methods for overcoming the food crisis, the most significant contribution was made by the «Food and Agriculture Organization of the United Nations (FAO)». The list of countries that are the most influential and significant global food exporters has been determined. According to the results of the analysis of statistical data, it was established that Ukraine was also an influential participant in the international food market before the events of February 2022, but due to these events, it lost volumes from certain food items. In general, the international food market showed a trend of growth in food production volumes and a stable increase in prices, which has recently been of a rapid nature. It is established that in 2022, the highest price increase in the whole world in the last 40 years took place and the trend of recession of food security in the world can be traced.