Ukraine, once known as the ‘breadbasket’ of Europe, will need at least twenty years for its agricultural sector to recover following the eventual end of the war with Russia.
from the Kyiv School of Economics, Ukraine’s farming industry has been severely damaged during the past year of fighting with Russia, with staple crops such as maize, oats, rapeseed, and rye not expected to recover to previous production levels until at least 2050. Other sectors such as barley, sunflower, and wheat are meanwhile not expected to recover to pre-war levels until 2040.
The report found that the total damage to the Ukrainian agricultural sector was $9 billion as of April or more than 26 per cent of its physical assets. They noted that this came in large part as a result of naval blockades imposed by the Russians on the Black Sea in the initial phases of the war, forcing many crops to rot rather than being sent abroad.
Calculations made by the school on the assumption that the war would conclude before the sowing of winter crops this year, the amount of land used in agriculture would partially be restored by the end of the decade and hit 37 million hectares by 2050.
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