The competitiveness of the EU sugar industry (original) (raw)
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The competitiveness of the EU sugar industry*1
2019
This research investigates competitiveness of sugar manufacturing companies of the European Union (EU). Sugar industry represents a vital part of the EU food and beverages industry. The aim of the research is to show how EU sugar producers can be more competitive on internal and global sugar market. The methodology includes dynamic panel data models using sample covering up to 189 sugar manufacturing companies from 25 EU Member States in the period 20082016. The key results demonstrate different impact of technology (Research and development activity), investments, sugar beet production, costs of employees, gas and sugar beet prices on average revenue of the EU sugar industry. The results confirm the importance of inputs such as natural gas, revenues from the previous period and investments as key factors of EU sugar industry competitiveness. The proposals and recommendations are presented after research results.
THE IMPACT OF THE EU SUGAR REFORM ON SUGAR AND SUGAR SUBSTITUTE INDUSTRIES
2006
The effects of the EU sugar reform on the farmer have been well documented in recent years. However, few studies have compared the impact on the sugar industries and competing industries like isoglucose and inuline syrup. First step was to investigate the industrial sugar market and the competitive position of the different sectors. The purpose of this article was to compare the profitability of the different sectors by the use of gross margins. It is found that gross margins of efficient sugar producers are still sufficient under the new regime, making the cut in sugar production smaller than the European Union expected. The gross margins for isoglucose and inuline syrup decrease much more, making it a difficult situation to keep on producing.
Competitiveness in Food and Beverage Manufacturing Industries
2018
Competitiveness has been a topic of research in the manufacturing and related sectors since the early 1990s. While there is much agreement on the economic and social importance of competitiveness, it is less clear what exactly competitiveness is and what its most important determinants are. This paper looks at one of the important sectors of the European and national economy, at least from its potential for development perspective: food and beverage industry. The competitiveness of the food and beverage manufacturing sector in 17 countries is analyzed empirically, using 2002–2007 Eurostat data. After a review of earlier agribusiness competitiveness studies, an Industrial Competitiveness Index is used as a composite measure for multidimensional economic performance, covering profitability, productivity and output growth. This index approach enables relative competitiveness comparisons across industries, countries and over time. The results suggest the most competitive EU food and bev...
Analysis of Sugar Industry Competitiveness in Pakistan
2011
A study was conducted at Technology Transfer Institute, Tandojam, Pakistan during 2008-09 to analyse sugar industry competitiveness in Pakistan. For this purpose data were collected both from primary and secondary sources. The primary data were collected from sugarcane growers and sugar industry using a well structured pre-tested questionnaire from Sindh, Punjab and NWFP (now Khyber Pakhtunkhwa). Secondary data were collected from published annual reports of Pakistan Sugar Mills Association (PSMA). The results show that in Sindh, 50 percent sugar industry falls in large size group. In Punjab a major portion of sugar industry (70%) also falls in large size group, while sugar industry of NWFP falls in small size group. In Punjab and NWFP, 76 and 70 percent are small size growers having less than 5 hectares, whereas, in Sindh 49 percent are small growers. The competitiveness of sugar industry indicates that sugar industry of Punjab had the advantage in total quantity of sugar productio...
Measuring competitiveness in the EU market: a comparison between food industry and agriculture
2008
Facing the growing competition in the European food market, the purpose of this paper is to assess European country competitiveness at the sector level in the intra-EU market over the last fifteen years, comparing the evolution of the food industry, where firms have had to reshape strategies to maintain market position, and agricultural sector, where changes in Common agricultural policy have forced farms to face market trends. The analysis of competitiveness was carried out by assessing trade indices (EMS, RCA, RXA, RMA, NEI). Cluster analysis was also run to classify groups of countries with similar features in terms of competitive performance over the 1991-2006 period. The country that profited most from market integration in both sectors, reaching a high level of competitiveness was Spain, followed by Germany and Italy which gained competitiveness especially in the food industry. The United Kingdom had the worst performance, with a big decrease in indices, followed by France and...
Forecasting the directions of the EU sugar market development after limiting government intervention
Ekonomia i Prawo
Motivation: The EU sugar industry is one of the most regulated industry which is subject to import duties, subsidies and quotas. Government intervention in sugar markets significantly affects sugar production, consumption and trade. The GATT/WTO negotiations led to the commencement of the liberalization process in the EU sugar market, and initiated a number of reforms aimed at abolishing government support. Consequently, the sugar market in the EU has undergone considerable changes. Proper recognition of the directions of changes will contribute to reducing the difficulties of entities operating on the global sugar market. Aim: The purpose of this publication is to present the forecasts made in 2017 regarding the main categories characterizing the EU sugar market and to verify their validity following the analysis of the actual data. The work uses the forecasts made for 2017–2020 based on empirical data collected from 1993–2016, and then verifies their validity when set against the ...
Competitiveness of the EU Agri-Food Sector: a Synthesis of Findings from the COMPETE Project
2015
COMPETE Working Papers present work being conducted within the COMPETE research project. The project analyses competitiveness of various European agri-food supply chains and its determinants. Working papers are intended to stimulate reactions from other experts in the field. For more information on the project see the back cover. Unless otherwise indicated, the views expressed are attributable only to the authors in a personal capacity and not to any institution with which they are associated.
Sustainability, 2021
The competitiveness of the food industry, which is among the most important areas in the Central European economy, is a significant and topical research area in economics. The sector is particularly important for long-term sustainable growth in Central European national economies. Its high competitiveness is an important stabiliser in an environment of global economic instability. This study aimed to assess the relationships between elements of competitive potential and the competitive position of the food industry in E.U. countries. The relationships between these categories were examined using econometric models with the use of panel data. The results of the spatial-temporal modelling of the panel data confirmed the significant impact of production potential on the share of exports, profitability and the synthetic competitive position index, the impact of labour productivity on all analysed competitive position ratios, the impact of labour costs on the trade coverage, profitabilit...
The Competitiveness of Sugar Cane Production: A Study of Kenana Sugar Company, Sudan
Journal of Agricultural Science, 2011
The study aimed to measure the competitiveness of sugar cane in Kenana Sugar Company as the major objective covering the seasons 2004/05, 2005/06, and 2006/07. Specific objectives are to measure the hard currency revenue gained, the quantity of local resources used to gain hard currency, efficiency of local resources used and to see whether Kenana Sugar Company is taxed or subsidized. The study depended mainly on secondary data which was collected from different sources. The data was analyzed using Policy Analysis Matrix (PAM). Also, sensitivity analysis was used. The study revealed that, sugar production appeared highly competitive in the national and international level under study period and government policies are taxing sugar cane production. The sensitivity analysis results summarized that: increasing in yield and world price result in improving sugar DRC and vice versa while increasing in exchange rate results in worsening DRC and vice versa. The study recommended that, the government should exempt sugar cane production from taxes, induce incentives to encourage sugar industry production and secure sustainable and steadiness foreign exchange.
Comparative analysis of the efficiency indicators in sugar industry: evidence from Serbia
Custos e Agronegocio
Rapid changes on the market accompanied with the rising of the prices of energy and raw materials, the emergence of new competitors, the impossibility of the collection of receivables, the impossibility of settling the obligations to suppliers and business partners are significant difficulties that companies must solve in order of further survival, growth and development. For production companies it is very important to analyze the changes that occur in the field of income and costs. Adequate analysis can determine the change of the position of economic success of the enterprise in observed period and show the elements on which management should focus its efforts. The aim of this paper was to present financial performances of 4 top companies in Serbian sugar industry, in terms of profitability measured by indicators such BEP, ROA, ROE, efficiency, productivity, solvency and liquidity, where costs are seen as one of the most influencing source. Methodology used in this paper included...