The Supply Shock in Organic Fertilizers for Agriculture Caused by the Effect of Russia-Ukraine War

Abstract

Ukraine and Russia are among the leading global agricultural producers, accounting for millions of tons of global foodstuff and the production and exportation of organic fertilizers. With this in mind, the Russia-Ukraine war has caused an immense disruption and great supply shock in organic fertilizer and agricultural production, and food prices across the globe. The authors aimed to analyze the impact of the Russia-Ukraine war on agriculture, in particular organic fertilizers and agricultural production. The research employed a systematic research method to collect data on the extent of the impact of the war on organic fertilizers and food production. The research results indicate that the war has disrupted the supply of organic fertilizers, reducing agricultural products and subsequent rise in the price of agricultural produce. The research indicates that the rising cost of fertilizers directly influences food production and supply. The war has disrupted a viable environment for agricultural and organic production and exportation from these countries, causing the rise in food prices and a threat to food security across the globe. There is a need to ensure that international trade becomes more flexible and open in fertilizers and food production and exports. There is also a need to promote policy dialogues and market scrutiny, and transparency, especially with the uncertain global food market due to the disruptions influenced by the Russia-Ukraine war. The results of the study can be used by scientists, economists and public figures to build further forecasts of the state of agriculture, as well as to build strategies to improve the economy of some countries, including Ukraine.