Agriculture has been a key sector in the overall Ukrainian economy, ranking third behind services and industry. In 2021, prior to the Russian invasion, agriculture accounted for more than 10% of GDP and 14% of total employment. Agriculture has also been responsible for more than 40% of Ukrainian exports.

The years-long uncertainty with its war with Russia has continued to complicate the geopolitical, economic and agricultural situations. The editors of Ag Equipment Intelligence have embarked on a truly aggressive custom research project that anticipates the opportunities and challenges ahead for the agricultural equipment market following the eventual resolution to the conflict’s end. 

This in-depth report provides valuable insight on:

• The impact of war on the region — Insights from experts at The World Bank Group regarding output and employment, land contamination, equipment losses, storage facilities destroyed, impact on rural family farms and more.

• Recovery needs in the post-war economy — Insights from Europe's ag machinery association (CEMA) on what needs to happen to ensure a sustainable post-war recovery of Ukraine’s ag industry. From de-mining war materiel from farmland and stabilizing the rural population and labor force, to restoring vital infrastructure and providing access to financing for family farms, better access to fertilizers from exporting countries and investing in modern agricultural technologies.

This report also provides context from the U.S.'s International Trade Administration (ITA) regarding the levels of farm equipment historically exported to Ukraine, along with its own assessment of machinery losses as a result of the war – thus far, estimated at nearly $1 billion. The machinery replacement needs of Ukrainian farmers is large and varied.

The report also covers analyses on what type of implement and machinery Ukrainian farmers are in most need of now and in the years ahead. This section in particular will help convey the degree of export opportunity available for North American manufacturers in the near-term and beyond.