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Honey Market Dynamics. The Case of Romania

Author

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  • Panța Nancy Diana

    (”Lucian Blaga” University of Sibiu,Sibiu, Romania)

Abstract

The aim of the present paper is to analyse the evolution of the Romanian honey market in the 2006-2016 period. The analysis, ran over a period of ten years, follows to depict honey’s market dynamics starting from 2006, one year before Romania’s accession to the EU. The used data consisted in empirical data provided by Food and Agriculture Organisation of the United Nations database, European Commission and National Institute of Statistics. Results indicated that Romania covers its honey consumption through production and that the country is a net honey exporter, recording a 30% growth rate in exports from 2006 to 2013. In the 2006-2016 period, Romania has managed to increase its beehives number by 58.81% and its honey production by 16.52%. Honey producer prices also went up by 42.99% in the analysed period.

Suggested Citation

  • Panța Nancy Diana, 2018. "Honey Market Dynamics. The Case of Romania," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 10(2), pages 13-16, December.
  • Handle: RePEc:blg:msudev:v:10:y:2018:i:2:p:13-16:n:2
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