Ukrainian agricultural markets have been characterised by occasional instability throughout the last decade, which has further reinforced the widespread conviction that market mechanisms do not lead to satisfactory results in the agro-food sector.
Ukrainian agricultural markets have been characterised by occasional instability throughout the last decade, which has further reinforced the widespread conviction that market mechanisms do not lead to satisfactory results in the agro-food sector.
Sunflower seed (sunseed) is a crop for which Ukraine definitely has a comparative advantage. Over the last decade Ukraine has accounted for 10-16% of the total world production of sunseed and for 5-39% of the total world trade in this product.
As many other transition economies of the Central and Eastern Europe (CEE), Ukraine passed through years of sharp economic decline, rising unemployment, and hyperinflation, which were followed by a period of relative macroeconomic stability.