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IMPACT OF RUSSIA-UKRAINE WAR ON DAIRY SECTOR IN THE BALTIC STATES

Aleksandra Rizojeva Silava, Sandija Zeverte-Rivza

First published: 2023https://doi.org/10.35603/sws.iscss.2023/s03.17View metrics

Abstract

The Russian invasion of Ukraine that has occurred between two of the largest exporters of food and energy in the world has had an impact to global energy and food industry in 2022. One of the biggest industries that was affected by this war is the dairy industry. The dairy industry is one of the most important agricultural industries apart from grain production in the Baltic States - Latvia, Estonia and Lithuania. And the Russia- Ukraine war has had and is further impacting dairy sector in the Baltic States. Simulation models are often used in the preparation of sectors outlooks and one of them is the AGMEMOD model. AGMEMOD model is an econometric and dynamic model with which it is possible to make projections and simulations to assess agricultural support instruments, programs, and policies at European Union level and at individual Member States level. The AGMEMOD model allows to analyse the current situation in dairy sector and create a projection based on it for the specified time periods. One of the main factors that were affected by the war is milk price. This factor is very important for dairy industry and will be analysed in the AGMEMOD model. The purpose of this study is to analyse impact of Russia-Ukraine war on milk price in the Baltic States using the AGMEMOD model. To reach these purposes, research tasks were set which helped to analyse the key factors of the dairy sector in Baltic States and the operation of the AGMEMOD model.

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Publication details

Title
IMPACT OF RUSSIA-UKRAINE WAR ON DAIRY SECTOR IN THE BALTIC STATES
Authors
Aleksandra Rizojeva Silava, Sandija Zeverte-Rivza
Proceedings
Proceedings of 10th SWS International Scientific Conference on Social Sciences - ISCSS 2023
Publisher
SGEM WORLD SCIENCE (SWS) Scholarly Society
Year
2023
Pages
201-208
SWS Citekey
Rizojeva20233111
ISSN
2682-9959
ISBN
978-3-903438-06-4
Language
en
Publication type
Proceedings Paper
Keywords
milk priceBaltic StatesAGMEMODRussia-Ukraine war
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