The current status and prospects of growing plant-based food products in the present conditions of the Ukrainian agricultural sector

Abstract

The agricultural sector in Ukraine plays a key role in the national economy, providing high-quality and sustainable food supply for the population. However, even with favourable natural and climatic conditions and extensive land area, the industry faces numerous challenges, such as war, economic instability, and loss of control over land resources. The purpose of the study is to analyse the current state of growing plant-based food products in Ukraine to identify key challenges and opportunities. To achieve this goal, the gross harvest, yield, and acreage of the main agricultural crops, the share of agricultural value added in the gross domestic product in Ukraine, and the value of agricultural exports to the European Union for the period 2015-2022 were analysed. The results show that sales volumes in agriculture increased by 75.9%, indicating a positive development of the industry. However, this positive development is accompanied by an increase in product prices, which can lead to inflationary pressures. The instability of the agricultural sector is confirmed by a sharp increase in the share of value added in 2021 and a decline in 2022. However, an important positive aspect is a significant increase in the yield and value of exports, which indicates the successful influence of the Ukrainian agricultural sector on international markets. The study shows that despite the existing challenges, the agricultural sector has demonstrated flexibility and adaptability, especially in the context of changes in acreage and crop production volumes. Measures aimed at introducing modern technologies, stimulating innovation, improving the level of education and developing export opportunities can become a catalyst for the sustainable development of the agricultural sector. The results obtained are necessary for the development of specific measures and strategies aimed at improving the situation in the agricultural sector of Ukraine and ensuring its sustainable development