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EVOLUTION OF SUPPLY AND DEMAND OF WHEAT IN ROMANIA

Journal: Scientific Papers Series ?Management, Economic Engineering and Rural Development” (Vol.14, No. 1)

Publication Date:

Authors : ;

Page : 207-210

Keywords : evolution; Romania; wheat demand; wheat offer;

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Abstract

The paper aimed to present the evolution of supply demand and of wheat in Romanian market. It is based on the statistical data provided by National Institute of Statistics and European Statistics (Eurostat). The data have been processed into the following indicators: cultivated surfaces, obtained production, consumption per capita. Wheat production is correlated with seeding surface, but, sometimes paradoxes appear, where even if the cultivated surface is large the production is low. During the analyzed period, cultivated surfaces remained constantly; the production has continuously increased, so that in the year 2013 there are 7,383 million tonnes of wheat in Romania. As a conclusion, Romania is able to support domestic demand for wheat and can also export a significant amount of this grain.

Last modified: 2015-05-29 20:08:39