ISSN 2284-7995, ISSN Online 2285-3952
 

ECONOMIC IMPLICATIONS OF FOOD CONSUMPTION BEHAVIOR CHANGES IN ROMANIA DURING THE COVID-19 PANDEMIC

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 21 ISSUE 3
Written by Marius CONSTANTIN, Silviu Ionuţ BEIA, Mihai DINU, Simona Roxana PĂTĂRLĂGEANU, Radu PETRARIU, Mădălina Elena DEACONU

Besides the sanitary crisis, the COVID-19 pandemic has caused socio-economic downturn globally. Among the affected economic sectors, the agriculture and food sectors were no exception. In the context of on-going market transformations in Romania, the national demand of agri-food products rushed the links involved in the agri-food value chains to adapt to sudden consumption behavioral changes. The objective of this research was to explore food consumption and expenditure changes in Romania in relation with the pandemic and tap into the economic implications. Data used in this research were taken over from the Romanian National Institute of Statistics and were processed in a manner that allowed the average dynamics index to be in the spotlight of this research. Results show market pressure, especially at the beginning of the second quarter of 2020 and a peak of the food expenditure increase in the first quarter of 2021.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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