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.
Ukraine's agriculture seems to have overcome the worst phase of the transition period and has started to increase its overall output in a more reliable economic and institutional environment. This latter fact makes the sector-specific impacts of external shocks and policy interventions more predictable.