Ukraine will need over $20B and over 10 years to restore land for the agricultural sector. Restoring agricultural lands after the war will cost Ukraine over $20B, or about 15% of its pre-war GDP, and will take over 10 years, according to the Institute for Economic Research (IER).Ukraine own... #AgroLand #AgroLossesUkraine #DeminingUkraine #EnvironmentalPollution #UkraineWarDamages
Ukraine has lost 20.5% of its agricultural land since the start of the full-scale war. This has led to a reduction in gross agricultural production, said Minister of Agrarian Policy Vitaly Koval. “If we compare, for example, 2021, which was a fruitful and successful year, we grew ... #AgroLand #AgroLossesUkraine #agroUkraine #AidForFarmers #DeminingUkraine #Ukrainianfarmers #VitaliyKoval
The Ukrainian agricultural sector has suffered $80B in losses and lost 25% of its sown area due to the war. As stated by the General Director of the Ukrainian Agrarian Club, Oleg Khomenko: “Direct and indirect losses for agriculture during the war exceed $80B. This includes infrastructure, production ... #agroexportukraine #AgroLossesUkraine #agroUkraine #GrainHarvestUkraine
Nibulon’s losses due to the blockade of the Mykolaiv port exceed $500M. One of the largest agricultural companies in Ukraine, Nibulon, suffered financial losses of more than $500M due to the closure of the Mykolaiv seaport hub. The suspension of shipbuilding and the cessa... #AgroLossesUkraine #agroUkraine #DanubePort #MykolaivSeaPort #nibulon #OdesaSeaport
In Ukraine, more than 1,200 agricultural enterprises have closed since the start of the full-scale invasion. At the beginning of 2022, businesses had almost ceased hiring, and people were not looking for work. According to IMF estimates, Ukraine’s total losses amounted to 35% of GDP, and many companies... #AgroLossesUkraine #agroUkraine #UkraineEconomy #ukrainianbusiness #Ukrainianfarmers
What key Ukrainian industries have suffered enormous losses during the war? The full-scale war has caused severe economic losses to Ukraine. Gross value added fell by 21%, and Ukraine’s need for reconstruction funds totals $486B. Ukraine’s industrial sector, once ... #AgroLossesUkraine #Azovstal #UkraineEnergyLosses #WarDamage #WarinUkraine
Ukraine is working to involve international partners in financing the agricultural land demining market. Potential partners are interested in Ukraine’s pilot project to establish the demining market for agricultural land through Prozorro auctions. And now the task is to involve them in financing th... #AgroLand #AgroLossesUkraine #DeminingUkraine #ProZorro #UMAC2024 #WarinUkraine
Due to the war, Ukrainian farmers have already lost more than $50B, and the heat will deprive Ukraine of 5 million tons of harvest. Since the beginning of the full-scale invasion, the agricultural infrastructure of Ukraine has suffered losses of more than $50B, said the Deputy Chairman of the All-Ukrainian Agrarian Council, Denys ... #AgroLossesUkraine #agroUkraine #DenysMarchuk #GrainHarvestUkraine #Harvest2024
Ukrainian businesses will start insuring elevators against war risks. Elevator equipment manufacturer KMZ Industries concluded a partnership agreement with the leading insurance company in Ukraine, ARX, regarding the provision of insurance services for elevator complexe... #AgroLossesUkraine #GrainElevator #Kernel #KMZIndustries #MilitaryRiskInsurance #nibulon #UkrLandFarming #WarRisks
Ukraine’s largest chicken producer sees its profits decrease by 67%, and losses from the war reach $10M. MHP Agroholding, in the first quarter of the year, earned $16M in net profit, which is less than a third of the result from the first quarter of 2023 ($49M), according to a report from the London Stoc... #AgroLossesUkraine #agroUkraine #ChickenProduction #MHP
The war has caused $10.3B in damages to the agricultural sector and $70B in economic losses. The Russian invasion damaged $10.3B of tangible assets belonging to Ukraine’s agro-industrial complex, with damage to agricultural machinery accounting for almost 57% of all losses, or $5.8B. In... #AgriculturalMachinery #AgroLossesUkraine #agroUkraine #GrainStorage #WarLosses
Due to the war, the amount of land suitable for agriculture has decreased by 26%. According to a KSE study, 10.5 million hectares of agricultural land has been affected by the Russian invasion in 2022, and the area of land that can be used for agriculture in 2024 is 32.92 million h... #AgroLand #AgroLossesUkraine #UkraineWarDamages #WarinUkraine
Ukrainian farmers earned 77% less from the new crop than was expected. EBITDA for major crops harvested in 2022 was $47 per hectare in December 2023, while their forecasted value was $206 in February, Agrohub research shows. The actual result is less than one-fourth of t... #AgroLossesUkraine #agroUkraine #FarmersProfit #FarmersUkraine
In the current trading season, Ukraine’s agricultural exports decreased by 27%, and farmers’ annual losses will reach $3B. From July 1 to December 15, Ukraine exported about 24 million tons of grain, oilseeds, and their processed products, which is nine million tons less than in the corresponding period last year, accordi... #agroexportukraine #AgroLossesUkraine #agroUkraine #OlegKhomenko
One of Ukraine’s largest agricultural exporters lost $400M due to the war, while another managed to make $300M in profit. According to the owner of Nibulon, Andrii Vadaturskyi, the company suffered more than $400M in losses and will file a lawsuit against the Russian Federation. Currently, only 32% of Nibulon’s pre-war c... #AgroInvestments #AgroLossesUkraine #agroUkraine #Kernel #nibulon
A third of agricultural enterprises in Ukraine have closed due to the war. The situation that has developed in Ukraine and the world is unfavorable for Ukrainian farm producers, who are forced to cease their activities, said the general director of the Ukrainian Agrarian Con... #AgroLossesUkraine #agroUkraine #PavloKoval
The attack on the Kakhovka HPP will increase the trade deficit by $400M annually. According to the NBU, Russia’s detonation of the Kakhovka HPP will have several economic consequences, including damage to agriculture, an increase in production and logistics costs, and a reduc... #AgroLossesUkraine #KakhovkaHPP #tradedeficit #UkraineEconomy
Russia attacked and damaged the Danube River port in Ukraine. Russian forces struck the southern part of the Odesa region on Tuesday night with drones, said regional governor Oleh Kiper. According to the statement some port and industrial infrastructure objects ... #AgroLossesUkraine #DroneAttackOnUkraine #GrainExportUkraine #IzmailSeaPort #OlehKiper
The land market has lost UAH 11.5B since the war began. Since the start of the war, the Ukrainian agricultural land market has lost UAH 11.5B. Opening the market for legal entities in 2024 could bring an additional 1%-2.7% of GDP annually during the next t... #AgroLossesUkraine #agroUkraine #LandMarketUkraine
Ukraine will lose $8 billion annually due to mined agricultural lands. The revenue losses will result because the land will be idle, researchers say. Experts have estimated that agricultural losses from the full-scale invasion, as of April 24, 2023, amounted to $8.7B, of... #AgroLossesUkraine #agroUkraine #FarmersUkraine #WarinUkraine #WarLosses
The agriculture losses from the Kakhovka HPP disaster may exceed $10B, and environmental damage already exceeds UAH 55B, as Minister of Environmental Protection Ruslan Strilets reported. The Ministry of Agrarian Policy thinks the farming, environmental and social spheres will suffer the most due to the lack of irrigatio... #AgroLossesUkraine #KakhovkaHPP #MykolaSolsky #RenewableEnergy #RuslanStrilets #TarasVysotskyi
Ukrainian farmers’ losses due to the war have reached $3.9B. The largest losses were suffered by small farmers specializing in crop and livestock production, the UN FAO reported. According to a survey’s result, the number of small producers in Ukraine decreased... #AgroLossesUkraine #agroUkraine #FAO #FarmersUkraine
The Ukrainian agricultural sector’s losses from the war amount to $40.2B, according to the Center for Food and Land Use Research at the Kyiv School of Economics’ calculations. In particular, the Ukrainian agricultural sector has suffered $8.7B in direct losses. Since Novemb... #AgroLossesUkraine #agroUkraine #WarinUkraine
