The Importance of Agri-Food Sector in Romanian Economy
The Importance of Agri-Food Sector in Romanian Economy

Summary/Abstract: This paper proposes an analysis of food products market in Romania and its importance in the national economy. Grain market is an important part of Romanian agrifood sector, which is constantly developing, especially after Romania's accession to the EU, cereals occupying more than 65% of the cultivated area of the country. Grain market analysis is necessary because of the multitude of problems facing this sector: the high degree of perishability of production; existence of increased competition on the domestic and international market; high degree of self-consumption in the individual farmers; territorial dispersion of supply, with large regional differences and seasonal fluctuations; the imbalance of domestic supply-demand that facilitates recourse to imports or increased exports; existence of a price system directly affected by international prices; obtaining products uncompetitive in international markets in terms of quality; organizational and functional deficiencies in taking domestic production market, etc.

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