The role of capital investments in the economic growth of poultry producers
DOI:
https://doi.org/10.31548/poultry2022.11-12.020Keywords:
Poultry farming, enterprise, investment, poultry meat, correlationAbstract
The article, based on current analytical information and statistical data, examines the impact and important role of capital investments on the income of enterprises engaged in economic activity in the field of poultry farming, namely: in poultry breeding and meat production. A close connection was established between the levels of investment and the income of enterprises carrying out their economic activities in the field of poultry farming, where, in terms of the types of assets in which investments were directed, the characteristic patterns of growth in the income of market subjects were tracked depending on the type of asset that was preferred in investing. It was established that in addition to investments in long-term biological assets of animal husbandry, which on average for the period from 2018 to 2020 accounted for about a third of all investments, investments in machines, equipment and inventory and non-residential buildings play a significant role in economic growth, which is confirmed by the calculations of the Ministry of Economy.
During 2020, there was a general decrease in the profitability of poultry production, entrepreneurs suffered losses of UAH 0,35 billion due to a significant increase in the cost of production. 2021 was the year of growth of capital investments in agriculture, according to the calculations of scientists of the Institute of Agrarian Economics, for January-September 2021, the growth rate of capital investments in agricultural sectors of the economy is 2,2 times higher than the average for the economy, which gives grounds to call 2021 year after year of exit from the investment crisis, which was observed to be particularly noticeable in 2020. The situation that has developed in the economy requires constructive and operational decisions regarding investment, which in turn determines the possession of relevant information about current trends and prospects of capital investments of agricultural enterprises, and therefore poultry farming, as an important component of the agricultural sector.
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