In 2025, Ukrainian farmers will set a record in the history of independent Ukraine for imports of agricultural equipment, which will reach $1.5 billion, according to Mark Valery Barlet, director of the Marketing Communications agency.
“I think there will be a record in the history of independent Ukraine for imports of agricultural equipment. The effect of pent-up demand, which has lasted for the last five years, including 3.5 years of war in Ukraine, will kick in, and during the COVID-19 pandemic, manufacturers did not risk importing combine harvesters. This year, purchases of agricultural machinery will break all records,“ he said during the ”Hlib.ua” conference in Kyiv on Thursday.
According to him, agricultural producers were able to make such a breakthrough in purchases thanks to the long-term development strategy of their enterprises.
“Regardless of the bad weather we had – drought in some places, flooding in others – large companies operate in different regions, develop long-term strategies, and diversify their risks by developing different business areas,” said the marketing agency director.
According to the expert, Ukrainian farmers’ investments in agricultural machinery will reach $1.5 billion in 2025. Barlet estimates that such investments will pay off in at least 10 years.
