Strategic vectors of agribusiness development in Ukraine
In the current conditions of war, the formation of strategic vectors of agribusiness in Ukraine is an integral part of economic development in the post-war recovery. The purpose of this study was to identify the tasks that will provide opportunities to eliminate the negative trends caused by the war. The study conducted a bibliometric review of scientific papers on agribusiness in Ukraine and the world. Such an analysis helped to track trends, identify gaps and unresolved areas for further research, and formulate strategic vectors for the development of the agricultural sector. The study substantiated changes and trends in agribusiness in Ukraine as a result of the comparative dynamics of Ukraine’s share in global agricultural exports. The paper focused on the specific features of exports during the Grain Initiative and identified the key continents of exports. It was found that the key problems faced by the agricultural sector in Ukraine include the unstable geopolitical situation, martial law, environmental changes, labour force shortages, and rapid globalisation. International agribusiness activities have undergone dramatic changes caused by the full-scale invasion. That is why Hoshin Kanri’s strategic model for the development of Ukraine’s agribusiness during the war and post-war recovery allows identifying key factors, forming trends, and anticipating risks affecting agribusiness. The proposed strategy also accommodates the need for the necessary resources to implement innovations and attract investment. This will improve the organisational design of agribusiness-oriented enterprises. The formation of an agribusiness development strategy should be aimed at spreading innovations in agribusiness and the greatest involvement of enterprises in this area in innovative activities. The findings of this study can be used in the activities of agricultural enterprises
[1] Agribusiness of Ukraine. (n.d.). Infographic guide. Retrieved from https://agribusinessinukraine.com/.
[2] Ahn, S., Kim, D., & Steinbach, S. (2023). The impact of the Russian invasion of Ukraine on grain and oilseed trade. Agribusiness, 39(1), 291-299. doi: 10.1002/agr.21794.
[3] Alam, M.F.B., Tushar, S.R., Zaman, S.M., Gonzalez, E.D.R.S., Bari, A.B.M.M., & Karmaker, C.L. (2023). Analysis of the drivers of Agriculture 4.0 implementation in the emerging economies: Implications towards sustainability and food security. Green Technologies and Sustainability, 1(2), article number 100021. doi: 10.1016/j.grets.2023.100021.
[4] Annosi, M.C., Appio, F.P., Brenes, E.R., & Brunetta, F. (2024). Exploring the nexus of digital transformation and sustainability in agribusiness: Advancing a research agenda. Technological Forecasting and Social Change, 206, article number 123587. doi: 10.1016/j.techfore.2024.123587.
[5] Ay, H.M., & Söylemez, A. (2023). Grain Corridor Agreement and Turkey’s Role in the Russia-Ukraine War. Journal of Islamic World and Politics, 7(1), 1-10. doi: 10.18196/jiwp.v7i1.27.
[6] Babenko, V., Zomchak, L., & Nehrey, M. (2021). Ecological and economic aspects of sustainable development of Ukrainian regions. E3S Web of Conferences, 280, article number 02003. doi: 10.1051/e3sconf/202128002003.
[7] Bannor, R.K., & Arthur, K.K. (2024). A systematic review and bibliometric analysis on agribusiness gaps in emerging markets. Research in Globalization, 8, article number 100214. doi: 10.1016/j.resglo.2024.100214.
[8] Baran, J., & Żak, J. (2014). Multiple criteria evaluation of transportation performance for selected agribusiness companies. Procedia – Social and Behavioral Sciences, 111, 320-329. doi: 10.1016/j.sbspro.2014.01.065.
[9] Behnassi, M., & El Haiba, M. (2022). Implications of the Russia-Ukraine war for global food security. Nature Human Behaviour, 6, 754-755. doi: 10.1038/s41562-022-01391-x.
[10] Bentley, A.R., et al. (2022). Near-to long-term measures to stabilize global wheat supplies and food security. Nature Food, 3(7), 483-486. doi: 10.1038/s43016-022-00559-y.
[11] Davis, H.J., & Goldberg, R.A. (1957). A concept of agribusiness. Boston: Harvard University.
[12] Demchenko, O., Basiurkina, N., Popadynets, N., Minenko, S., & Sokoliuk, K. (2023). Factors and determinants of the development of human capital in rural areas in the conditions of global challenges. ECONOMICS – Innovative and Economics Research Journal, 11(2). doi: 10.2478/eoik-2023-0026.
[13] Demianenko, S., & Sas, I. (2023). Directions for improving of agricultural land use in Ukraine in conditions of global warming and consequences of the Russian’s military aggression. IOP Conference Series: Earth and Environmental Science, 1269, article number 012009. doi: 10.1088/1755-1315/1269/1/012009.
[14] Devadoss, S., & Ridley, W. (2024). Impacts of the Russian invasion of Ukraine on the global wheat market. World Development, 173, article number 106396. doi: 10.1016/j.worlddev.2023.106396.
[15] Estrada, M.A.R., & Koutronas, E. (2022). The impact of the Russian aggression against Ukraine on the Russia-EU trade. Journal of Policy Modeling, 44(3), 599-616. doi: 10.1016/j.jpolmod.2022.06.004.
[16] Fang, Y., & Shao, Z. (2022). The Russia-Ukraine conflict and volatility risk of commodity markets. Finance Research Letters, 50, article number 103264. doi: 10.1016/j.frl.2022.103264.
[17] Fernandes, G., Teixeira, P., & Santos, T.A. (2023). The impact of the Ukraine conflict in internal and external grain transport costs. Transportation Research Interdisciplinary Perspectives, 19, article number 100803. doi: 10.1016/j.trip.2023.100803.
[18] Gagalyuk, T., & Hanf, J.H. (2009). Impact of retail internationalization on agribusiness: The case of Ukraine. Journal of East-West Business, 15(2), 96-118. doi: 10.1080/10669860903133310.
[19] Gagalyuk, T., Chatalova, L., Kalyuzhnyy, O., & Ostapchuk, I. (2021). Broadening the scope of instrumental motivations for CSR disclosure: An illustration for agroholdings in transition economies. International Food and Agribusiness Management Review, 24(4), 717-737. doi: 10.22434/IFAMR2020.0210.
[20] Garafonova, O., Zhosan, H., Khudolei, V., Tyukhtenko, N., Tymkiv, I., & Riabets, N. (2023). Strategic model and potential sources of financing for the post-war revitalization of agricultural enterprises in the de-occupied territories. Financial & Credit Activity: Problems of Theory & Practice, 2(49), 207-218. doi: 10.55643/fcaptp.2.49.2023.3983.
[21] Glauben, T., Svanidze, M., Götz, L., Prehn, S., Jamali Jaghdani, T., Đurić, I., & Kuhn, L. (2022). The war in Ukraine, agricultural trade and risks to global food security. Intereconomics, 57(3), 157-163. doi: 10.1007/s10272-022-1052-7.
[22] Goyal, R., & Steinbach, S. (2023). Agricultural commodity markets in the wake of the black sea grain initiative. Economics Letters, 231, article number 111297. doi: 10.1016/j.econlet.2023.111297.
[23] Hapich, H., & Onopriienko, D. (2024). Ecology and economics of irrigation in the south of Ukraine following destruction of the Kakhov reservoir. International Journal of Environmental Studies, 81(1), 301-314. doi: 10.1080/00207233.2024.2314859.
[24] Kovalchuk, I., Melnyk, O., & Pakhomova, A. (2020). Commercial and legal regulation of advisory services in the Ukrainian agrarian business prospect reform. European Journal of Sustainable Development, 9(3), 538-548. doi: 10.14207/ejsd.2020.v9n3p538.
[25] Kovalchuk, I., Melnyk, V., Novak, T., & Pakhomova, A. (2021). Legal regulation of agricultural taxation. European Journal of Sustainable Development, 10(1), 479-494. doi: 10.14207/ejsd.2021.v10n1p479.
[26] Kucher, A. (2020). Soil fertility, financial support, and sustainable competitiveness: Evidence from Ukraine. Agricultural and Resource Economics: International Scientific E-Journal, 6(2), 5-23. doi: 10.51599/are.2020.06.02.01.
[27] Mahlstein, K., McDaniel, C., Schropp, S., & Tsigas, M. (2022). Estimating the economic effects of sanctions on Russia: An allied trade embargo. The World Economy, 45(11), 3344-3383. doi: 10.1111/twec.13311.
[28] Mazur, A., Bondarenko, V., & Mazur, S. (2018). Organizational reformation of agribusiness entities in Ukraine. Baltic Journal of Economic Studies, 4(2), 126-133. doi: 10.30525/2256-0742/2018-4-2-126-133.
[29] Miao, Y., & Kharchenko, Т. (2023). Improving the innovative strategy of management of agricultural enterprises in the conditions of globalization. Financial & Credit Activity: Problems of Theory & Practice, 5(52), 433-447. doi: 10.55643/fcaptp.5.52.2023.4136.
[30] Ministry of Agrarian Policy and Food of Ukraine. (2023). Presentation “Strategy for the Development of the Agro-Industrial Complex”. Retrieved from https://minagro.gov.ua/investoram/prezentatsiia-stratehiia-rozvytku-ahropromyslovoho-kompleksu.
[31] Mukhtar, Z. (2023). The impact of the Ukraine-Russia war on food security and countries exposed to food supply shock. European Journal of Business and Management Research, 8(2), 38-43. doi: 10.24018/ejbmr.2023.8.2.1861.
[32] Mykhailov, A., Mykhailova, L., Kharchenko, T., Mohylna, L., & Shestakova, A. (2021). Investment instruments for managing innovative transformations of the agricultural sector to ensure sustainable development in the context of globalization. Studies of Applied Economics, 39(7). doi: 10.25115/eea.v39i7.5068.
[33] Nazarova, K., Hordopolov, V., Kuliasha, N., & Kuliasha, O. (2020). Development of agribusiness in Ukraine: Analysis, evaluation and audit. Business Inform, 9, 136-146. doi: 10.32983/2222-4459-2020-9-136-146.
[34] Osiyevskyy, О., Umantsiv, Yu., & Biliavska, Yu. (2023). Digital ecosystem: A mechanism of economic organization of enterprises of the future. Rutgers Business Review, 8(2), 175-194.
[35] Polinkevych, O. (2024). The economic consequences of military conflicts: The Ukrainian context. Economic Forum, 14(1), 28-39. doi: 10.62763/cb/1.2024.28.
[36] Pronko, L., Furman, I., Kucher, A., & Gontaruk, Ya. (2020). Formation of a state support program for agricultural producers in Ukraine considering world experience. European Journal of Sustainable Development, 9(1), 364-379. doi: 10.14207/ejsd.2020.v9n1p364.
[37] Pushak, Ya., Lagodiienko, V., Basiurkina, N., Nemchenko, V., & Lagodiienko, N. (2021). Formation the system for assessing the economic security of enterprise in the agricultural sector. Business: Theory and Practice, 22(1), 80-90. doi: 10.3846/btp.2021.13013.
[38] Qadir, A., Skakun, S., Becker-Reshef, I., Kussul, N., & Shelestov, A. (2024). Estimation of sunflower planted areas in Ukraine during full-scale Russian invasion: Insights from Sentinel-1 SAR data. Science of Remote Sensing, 10, article number 100139. doi: 10.1016/j.srs.2024.100139.
[39] Razanov, S.F., Ibatulin, I.I., Razanov, O.S., Dydiv, A.І., Voynalovich, M.V., Lysak, H.А., & Lopotych, M.J. (2024). Productivity of bee families and biomonitoring of corbicular pollen and war-affected honeybee foraging sites with cultivated honey clover (Melilotus albus). Regulatory Mechanisms in Biosystems, 15(1), 171-176. doi: 10.15421/022425.
[40] Reznik, N., Tiurin, V., Yanushevych, I., Gavrilenko, A., Tolok, P., & Gupta, S.K. (2020). Agribusiness innovation development in the conditions of the globalization of the world economy. Journal of Advanced Research in Dynamical and Control Systems, 12(5), 545-551. doi: 10.5373/JARDCS/V12SP5/20201790.
[41] Ribašauskienė, E., Volkov, A., Morkūnas, M., Žičkienė, A., Dabkiene, V., Štreimikienė, D., & Baležentis, T. (2024). Strategies for increasing agricultural viability, resilience and sustainability amid disruptive events: An expert-based analysis of relevance. Journal of Business Research, 170, article number 114328. doi: 10.1016/j.jbusres.2023.114328.
[42] Rose, A., Chen, Z., & Wei, D. (2023). The economic impacts of Russia-Ukraine war export disruptions of grain commodities. Applied Economic Perspectives and Policy, 45(2), 645-665. doi: 10.1002/aepp.13351.
[43] Rudolfsen, I., Bartusevičius, H., van Leeuwen, F., & Østby, G. (2024). War and food insecurity in Ukraine. World Development, 180, article number 106647. doi: 10.1016/j.worlddev.2024.106647.
[44] Ruta, M. (Ed.). (2022). The impact of the war in Ukraine on global trade and investment. Washington, DC: World Bank Group.
[45] Sgroi, F. (2022). Cooperation and innovation in Italian agribusiness between theoretical analysis and empirical evidence. Journal of Agriculture and Food Research, 10, article number 100406. doi: 10.1016/j.jafr.2022.100406.
[46] Shestack, Ya., Biliavska, Yu., Osetskyi, V., Mykytenko, N., & Umantsiv, Yu. (2023). Devising a comprehensive method to manage digital competencies. Eastern-European Journal of Enterprise Technologies, 3(13(123)), 86-97. doi: 10.15587/1729-4061.2023.281933.
[47] Shovkun-Zablotska, L., Pysarenko, V., Sierova, L., & Tegipko, S. (2024). Management and marketing of the wartime agribusiness in Ukraine. Economics Ecology Socium, 8, 64-77. doi: 10.61954/2616-7107/2024.8.1-6.
[48] Shults, S., & Lutskiv, O. (2024). Areas and tools for regulating spatial and structural changes in the economy of Ukraine’s regions in the process of post-war recovery. Economic Forum, 14(2), 27-37. doi: 10.62763/cb/2.2024.27.
[49] Skorobogatova, N. (2023). The agribusiness ecosystem as a way to a balanced recovery of the agrarian economy of Ukraine. Eastern Journal of European Studies, 14(1), 198-226. doi: 10.47743/ejes-2023-0110.
[50] Skrypnyk, A., Klymenko, N., Talavyria, M., Goray, A., & Namiasenko, Yu. (2020). Bioenergetic potential assessment of the agricultural sector of the Ukrainian economy. International Journal of Energy Sector Management, 14(2), 468-481. doi: 10.1108/IJESM-04-2019-0015.
[51] Svynous, I., & Svynous, N. (2023). Development of cooperation as the basis of forming a product offer on the honey market in Ukraine. Science Works Journal “Ekonomichnyy Analiz”, 33(2), 265-272. doi: 10.35774/econa2023.02.265.
[52] Sykes, G. (1963). Poultry: A modern agribusiness. London: Crosby Lockwood and Son Ltd.
[53] Urak, F., Bilgic, A., Florkowski, W.J., & Bozma, G. (2024). Confluence of COVID-19 and the Russia-Ukraine conflict: Effects on agricultural commodity prices and food security. Borsa Istanbul Review, 24(3), 506-519. doi: 10.1016/j.bir.2024.02.008.
[54] Volkova, N., Mehtiev, R., & Popadin, Ye. (2023). Key aspects of competitiveness and product quality of agricultural enterprises in the context of military aggression. Economy and Society, 54. doi: 10.32782/2524-0072/2023-54-10.
[55] Xue, Z., Hou, Y., Cao, G., & Sun, G. (2024). How does digital transformation drive innovation in Chinese agribusiness: Mechanism and micro evidence. Journal of Innovation & Knowledge, 9(2), article number 100489. doi: 10.1016/j.jik.2024.100489.
[56] Zakharin, S., Stoyanova-Koval, S., Kychko, I., Marhasova, V., & Shupta, I. (2021). Strategic management of the investment process in the agricultural sector (for example, agricultural enterprises and the food industry). Journal of Optimization in Industrial Engineering, Special Issue, 185-194. doi: 10.22094/JOIE.2020.677867.