The Romanian fruit and vegetable processing industry capacity of creating value added – difficulties and opportunities in a European competition context
Cornelia Alboiu ()
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Cornelia Alboiu: Institute of Agricultural Economics, Romanian Academy, Bucharest
Agricultural Economics and Rural Development, 2024, vol. 21, issue 2, 221-232
Abstract:
The purpose of this paper is to give a brief overview of the Romanian fruit and vegetable processing industry and its capacity to generate value added and increased turnover in order to contribute to local development. In this regard, several indicators were analysed such as value added by value chain segments, gross operating surplus and turnover for the Romanian vegetable processing companies as well as for the wholesale segment of the value chain in comparison with several EU countries. The study concludes that the Romanian fruit and vegetable processing industry is found in a very modest position compared to other EU competitors. Thus, it requires important investments in processing companies, in new production technologies and processing cooperatives, as well as support for the creation of producer groups. Also, investments in primary production should be prioritised as the industry is confronted with important deficits regarding the supply of raw materials from local production.
Keywords: fruit and vegetables; value chain; value added (search for similar items in EconPapers)
JEL-codes: Q13 Q19 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:21:y:2024:i:2:p:221-232
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