Aspects regarding the evolution of the wine market in Romania

Cezar Ionut Bichescu and Silvius Stanciu
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Cezar Ionut Bichescu: Dunarea de Jos University of Galati, Romania
Silvius Stanciu: Dunarea de Jos University of Galati, Romania

Risk in Contemporary Economy, 2018, 163-170

Abstract: Wine production is a traditional activity in Romania, which generates significant incomes for winegrowers and to the state budget. This paper proposes an analysis of the wine market based on the evaluation of the activity of specialized companies (NACE codes 1102 and 0121). The researches carried out have revealed a strong phenomenon of concentration of the profile national market, characterized by instability and dynamic evolution. Support measures for winegrowers have been successful, the grape production recording an upward trend and a decrease in the dependence on natural rainfall. The sector requires further support measures, with subsidizing the grape processing, wine aging, achieving some superior products and promotion on the national and international market.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2018:p:163-170

DOI: 10.26397/RCE2067053217

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