EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 18 ISSUE 4
Written by Daniela Nicoleta BĂDAN, Ionuț Laurențiu PETRE

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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BADAN D.N., PETRE I.L. 2018, EFFECTS OF THE LIBERALIZATION OF EUROPEAN SUGAR MARKET IN ROMANIA. Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 18 ISSUE 4, PRINT ISSN 2284-7995, 53-58.


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Copyright 2012. To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“
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