EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis
Vol 14 No 2 (2026): April

Root Cause Analysis (RCA) of Global Wheat Price Volatility: A Study of Influential Factors Amidst the 2022 Russia-Ukraine Conflict

Kumara, Aditya (Unknown)
Octavian, Amarulla (Unknown)
Swastanto, Yoedhi (Unknown)
Laksmono, Rudi (Unknown)



Article Info

Publish Date
24 Apr 2026

Abstract

The 2022 Russia-Ukraine conflict triggered significant disruptions to global food stability. As wheat producers accounting for 34.1% of the world's supply, the conflict caused prices to surge to $1400 per ton in March 2022, up from a previous average of $800–$900 per ton. The most severe impact was felt in the heavily import-dependent Middle East and North Africa (MENA) region, affecting countries such as Somalia (100%), Egypt (84%), and Sudan (75%).This research utilizes Root Cause Analysis (RCA) based on a literature review to identify the root causes of the crisis. The findings point to three primary factors: export restrictions (the Black Sea blockade), damage to agricultural infrastructure, and a reduction in human resources. Recommended solutions include diversifying food sources, establishing strategic reserves, and strengthening domestic food security. These findings underscore the need for a structural approach, rather than merely short-term mitigation, in confronting global food crises.

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Journal Info

Abbrev

ER

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Energy Other

Description

Ekombis Review: Jurnal Ilmiah Ekonomi dan Bisnis is a peer-reviewed journal. Ekombis invites academics and researchers who do original research in the fields of economics, management, and ...