Strategic directions for the development of sunflower market
DOI:
https://doi.org/10.31548/bioeconomy2019.01.155Abstract
The market for oilseeds is especially important for Ukraine because its effective functioning is of paramount importance for ensuring the food and energy security of the state on the one hand, and the economic component on the other, because Ukraine is one of the largest players in the global vegetable oil market and is a leader in oilseed exports. Therefore, the development of the market for oilseeds requires finding ways to improve the level of supply of oil raw materials to the growing needs of processing plants every year.
The development of the market for oilseeds also has a direct impact on agricultural production and is one of the most important economic and food components of the agro-industrial complex in Ukraine.
The oil and fat industry is one of the most promising and strategic ones as it is a stable source of foreign exchange earnings for Ukraine. Therefore, Ukraine's further participation in the world market for sunflower oil is very important.
Unfortunately, the economic situation in Ukraine has adversely affected the agricultural sector of the economy. This changed the structure of products and changed the vector.
The article describes the current state of the sunflower market. The main directions of its development are formulated. Problems that need to be resolved for the positive development of the sunflower market in Ukraine are identified. The recommendations and organizational and methodological approaches to the development of the sunflower market are substantiated.
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