EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA

In this paper, it was analysed the sugar market in the context of the liberalization of the European market, taking into account both the situation at national and at European level. Also, there were analysed the evolution of the areas under sugar beet and sugar cane, sugar production, prices and su...

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Main Authors: Daniela Nicoleta BĂDAN, Ionuț Laurențiu PETRE
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2018-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.18_4/Art7.pdf
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author Daniela Nicoleta BĂDAN
Ionuț Laurențiu PETRE
author_facet Daniela Nicoleta BĂDAN
Ionuț Laurențiu PETRE
author_sort Daniela Nicoleta BĂDAN
collection DOAJ
description In this paper, it was analysed the sugar market in the context of the liberalization of the European market, taking into account both the situation at national and at European level. Also, there were analysed the evolution of the areas under sugar beet and sugar cane, sugar production, prices and sugar consumption. It was also demonstrated the economic theory affirming that: by reducing the price level of a particular food, the quantity bought is higher than consumed, thus resulting in the stocks. Studying the evolution of all elements of the sugar market, there were identified the main effects of the quotas elimination on this market. The conlusion was that the liberalization of the sugar market and the abolition of quotas in fall 2017 will lead to the increase of sugar beet and sugar production, to a decline of sugar price and to higher stocks of sugar as consumption is not expected to raise.
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institution Kabale University
issn 2284-7995
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language English
publishDate 2018-01-01
publisher University of Agricultural Sciences and Veterinary Medicine, Bucharest
record_format Article
series Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
spelling doaj-art-d8874338219f47d8ba123943d9567afb2025-08-20T03:45:35ZengUniversity of Agricultural Sciences and Veterinary Medicine, BucharestScientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development2284-79952285-39522018-01-0118453582121EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIADaniela Nicoleta BĂDANIonuț Laurențiu PETREIn this paper, it was analysed the sugar market in the context of the liberalization of the European market, taking into account both the situation at national and at European level. Also, there were analysed the evolution of the areas under sugar beet and sugar cane, sugar production, prices and sugar consumption. It was also demonstrated the economic theory affirming that: by reducing the price level of a particular food, the quantity bought is higher than consumed, thus resulting in the stocks. Studying the evolution of all elements of the sugar market, there were identified the main effects of the quotas elimination on this market. The conlusion was that the liberalization of the sugar market and the abolition of quotas in fall 2017 will lead to the increase of sugar beet and sugar production, to a decline of sugar price and to higher stocks of sugar as consumption is not expected to raise.https://managementjournal.usamv.ro/pdf/vol.18_4/Art7.pdf
spellingShingle Daniela Nicoleta BĂDAN
Ionuț Laurențiu PETRE
EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA
Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
title EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA
title_full EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA
title_fullStr EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA
title_full_unstemmed EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA
title_short EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA
title_sort effects of the liberalization of european sugar market in romania
url https://managementjournal.usamv.ro/pdf/vol.18_4/Art7.pdf
work_keys_str_mv AT danielanicoletabadan effectsoftheliberalizationofeuropeansugarmarketinromania
AT ionutlaurentiupetre effectsoftheliberalizationofeuropeansugarmarketinromania