The Centre for Food and Land Use Research of the Kyiv School of Economics (KSE Agrocentre) conducted a study and calculated the damage and destruction of agricultural machinery as a result of russia's war against Ukraine, the Committee on Agrarian and Land Policy reports.
It is noted that as a result of the full-scale invasion, the largest category of losses is damaged and destroyed agricultural machinery, which amounts to USD 5.8 billion or 56.7% of all losses.
In total, about 181,000 units of agricultural machinery and equipment were partially or completely damaged as a result of the invasion.
The KSE Agrocentre also states that experts estimate the damage caused by the theft or destruction of already produced products at USD 1.97 billion, losses due to damage to grain storage facilities at USD 1.8 billion, losses caused to perennial plantations at USD 398 million, livestock at USD 254 million, and aquaculture and fisheries at USD 35 million.
At the same time, losses, which include lost income of agricultural producers and increased production costs, more than doubled compared to the previous review and amounted to USD 69.8 billion.
The total losses due to the decline in crop production amounted to USD 35.1 billion, additional losses due to the decline in livestock production amounted to USD 5.6 billion, losses caused by lower domestic prices are estimated at USD 24.1 billion, and losses due to higher production costs amounted to USD 4.4 billion.