TENDENCIES AND PREDICTION OF PRICES OF INDUSTRIAL CROPS IN SERBIA

Authors

  • Nebojša NOVKOVIĆ
  • Beba MUTAVDŽIĆ
  • Ljiljana DRINIĆ
  • Snežana JOVANOVIĆ
  • Dragana TEKIĆ

DOI:

https://doi.org/10.7251/AGRENG2103015N

Abstract

The research in this paper deals with the prices of the most important industrial crops in Serbia – soybean, sunflower, sugarbeet, rapeseed and tobacco. The main aim of the research was to perform aquantitative analysisto determine the trends in the prices and to predict the trends for the following period. The analysis was based on the average annual prices for the period 2005-2019. The quantitative analysis was performed by using methods of descriptive statistics and the average annual
rate of change to discover the trendsfor the analyzed period and to predict the trends for the following five years (2020-2024). The average annual price of soybean was 311.86 EUR/t. The price ranged between 189 and 527 EUR/t. The annual change rate of soybean price in Serbia in the analyzed period was 2.76%. The average annual price of sunflower was 264.78 EUR/t. The price ranged between 163 and 455 EUR/t. The annual change rate of sunflower price in Serbia was 2.13%. The average annual price of sugarbeet was 31.60 EUR/t. The price ranged between 24.36 and 40.31 EUR/t. The annual change rate of sugar beet price was 1.85 %. The average annual price of rapeseed was 299.58 EUR/t. The price ranged between 145 and 447 EUR/t. The annual change rate was 5.84%. The average annual price of tobacco was 1,749 EUR/t. The price ranged between 1,068 and 2,159 EUR/t. The annual change rate of tobacco price in Serbia was 3.90%.The predictions show that the expected prices for the industrial crops in 2024 in Serbia will be as follows: soybean 337, sunflower 266, sugar beet 35.33, rapeseed 425 and tobacco 2,208 EUR/t. Keywords: industrial crops, soybean, sunflower, sugarbeet, rapeseed, tobacco, prices prediction, Serbia.

Downloads

Published

2022-03-15
link situs slot gacor terbaru Situs toto togel 4D Toto Situs agen toto togel 4D Situs toto togel terpercaya slot deposit pulsa bandar togel 4d bandar togel 4d situs togel slot bandar togel resmi bandar togel 4d slot online gacor bandar slot pulsa situs togel 4d situs togel macau bandar togel macau situs togel hk judi slot online situs toto togel 4d situs toto togel keluaran toto togel slot togel 4d situs toto togel toto togel resmi togel resmi 4d bandar togel 4d toto macau 4d bandar togel 4d slot deposit pulsa situs toto togel 4d situs togel terpercaya situs toto togel situs slot online situs togel 4d situs togel toto toto togel 4d slot togel 4d situs togel terpercaya togel toto slot bandar togel terpercaya toto togel situs toto 4d resmi situs togel toto 4d bandar toto macau terpercaya bo toto togel 4d resmi agen togel 4d