TRENDS ON THE CEREALS MARKET IN ROMANIA IN THE PERIOD 2015–2020

Andreea Daniela GIUCĂ
RESEARCH INSTITUTE FOR AGRICULTURAL ECONOMICS AND RURAL DEVELOPMENT (ICEADR)
Cor­re­spond­ing author e‑mail: giuca.daniela@iceadr.ro
Abstract: The research aims to present the main trends and direc­tions on the cere­al mar­ket in Roma­nia so that the future prospects of the mar­ket can be iden­ti­fied. The cere­al mar­ket in Roma­nia is a very dynam­ic one, cur­rent­ly it is fac­ing an increase in prices due to unfa­vor­able agro-mete­o­ro­log­i­cal con­di­tions for crops, but also the increase in the infla­tion index, which gen­er­at­ed price increas­es for both agri­cul­tur­al prod­ucts and inputs, fuel and irri­ga­tion water. Much low­er pro­duc­tions were record­ed in the 2020–2021 agri­cul­tur­al year, being a rather weak year in terms of pro­duc­tiv­i­ty, the main cause being rep­re­sent­ed by the pedo­log­i­cal drought that caused major dam­age in most agri­cul­tur­al areas in the coun­try, affect­ing nation­al pro­duc­tion cere­al. Even in these con­di­tions, our coun­try remains among the first coun­tries in the Euro­pean Union in terms of grain pro­duc­tion and export.
Key­words:  Roma­nia, cere­al mar­ket, pro­duc­tion, prices, for­eign trade
JEL clas­si­fi­ca­tion: Q10, Q13