PRICE SUSTAINABILITY OF AGRARIAN SECTOR IN BULGARIA
Recent years were marked by several crises of different characteristics: epidemics, energy sources, and crises in raw materials. We are witnessing how these turbulences transfer to the means of production of agricultural companies and subsequent transfer to the prices of food for people and anima...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Trakia University
2023-12-01
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| Series: | Trakia Journal of Sciences |
| Subjects: | |
| Online Access: | http://tru.uni-sz.bg/tsj/Volume%2021,%202023,%20Supplement%201,%20Series%20Social%20Sciences/3%20%D1%81%D0%B5%D0%BA%D1%86%D0%B8%D1%8F/%D0%B3%D0%BE%D1%82%D0%BE%D0%B2%D0%B8/35-M.Petrov2.docx.pdf |
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| Summary: | Recent years were marked by several crises of different characteristics: epidemics, energy
sources, and crises in raw materials. We are witnessing how these turbulences transfer to the
means of production of agricultural companies and subsequent transfer to the prices of food
for people and animals. The main AIM of this study is to determine the inflation force that is
hitting agricultural companies and to study their capability of sustaining their production
levels. The pressure on prices in the agrarian sector originated not only from the inflation in
the Bulgarian economy but also due to the turbulences in international food markets and
political instability in the European continent. The METHOD of the study is a systematic
analysis of statistical data regarding the agrarian production and prices of agrarian products in
the markets of Bulgaria. RESULTS of the study show that there are several factors that are
pressing the prices of agrarian products, pushing inflation at higher levels. Agrarian producers
have a low capability to sustain their production levels and are forced to reduce or change the
type of their production. |
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| ISSN: | 1313-3551 |