Economic efficiency of the transition to organic fertilizers with the help of modern technologies

Abstract

This topic is devoted to the study of the economic advantages that arise when switching to the use of organic fertilizers, with the help of modern technologies in their production and application in agriculture. Emphasis is placed on the analysis of the impact of the latest technologies on the economy in the context of the agricultural sector. The article examines not only the process of production of organic fertilizers, but also its impact on the financial performance of enterprises, selection results and the quality of agricultural products. Attention is also drawn to how modern technologies help reduce production costs, while increasing the efficiency of resource use. The study of this topic can contribute to the understanding and determination of the strategic importance of the implementation of technologies in the field of organic fertilizers to achieve economic sustainability, ensure food security and reduce the negative impact on the environment. Organic agricultural production in Ukraine is only at the initial stage of development and faces problems, despite the great potential of opportunities. The problem of formation arises from the fact that the organic sector can be very promising thanks to the fertile black earth grounds and sustainable traditions of agricultural production. Organic producers must compete with conventional producers to strengthen their position in the organic sector, defend their views on the future of agriculture and ensure that it is implemented at a legal level. Over time, organic companies can become preferred suppliers and establish long-term business relationships that provide security. Therefore, the world market of organic products is developing rapidly. Ukraine has only taken the first steps in the formation and formation of the market for organic products, which is already quite developed in other countries (especially in the EU). For this reason, the market for organic products has many advantages, such as environmental, economic, and social advantages inherent in this field of activity, and therefore the development of this market is of great importance today. Keywords: organic fertilizer, agricultural market, technologies, products, agricultural technologies, production, agricultural crops, economic efficiency.