VIEWS: 7 PAGES: 5 CATEGORY: Business & Economics POSTED ON: 6/5/2010
After surging in 2007 and 2008 in all three links of the agro-food supply chain, food and beverage prices dropped significantly in the first link and somewhat less in the second link last year, but increased somewhat further in the third. Prices of food and non-alcoholic beverages in the consumer price index recorded 0.6% total growth last year. Last year saw higher growth in final prices of food and non-alcoholic beverages in the EU as a whole than in Slovenia, while in the total period since 2000, price movements in the EU were similar as in Slovenia in all three links of the chain, only at a much lower level. The European Commission stresses the utmost importance of sustainable relationships between stakeholders of the food supply chain and the urgent need to eliminate price imbalances between individual links.
selected topics Slovenian Economic Mirror, April 2010 29 Selected Topics Prices in the agro-food supply chain Producer prices of agricultural products dropped last year roughly by the same amount as they increased in the previous year, with large fluctuations especially in prices of After surging in 2007 and 2008 in all three links of the crops. Producer prices of agricultural products dropped agro-food supply chain, food and beverage prices dropped by 14.6% last year, after increasing by 14.5% in 2008. significantly in the first link and somewhat less in the Broken down by structure, prices of crop products, as second link last year, but increased somewhat further in well as prices of animals and animal products dropped, the third. Relatively strong price rises in food and non- the former more than the latter (by 19.9% last year, after alcoholic beverages in 2007 and 2008 made a significant three consecutive years of extremely strong growth). contribution to total consumer price growth. Prices Prices in all groups of agricultural products dropped, of food and non-alcoholic beverages contributed 2.9 most notably prices of industrial plants and cereals (the p.p. to total consumer price growth (7.7%) in these former more than one half and the latter one third). Prices two years. Significant price rises were first recorded at in animal output recorded a smaller decline, 11.7%, after the beginning of the agro-food supply chain, and then somewhat lower growth rates in the previous period also in the other two links. As on European and world last year. Prices of animal products declined more than markets, growth in prices of agricultural products in prices of animals; for example, prices of milk by as much Slovenia was attributable to various causes. Some were as one fifth. Prices of agricultural products rose by 25.4%, temporary (such as extremely low global reserves, bad on average, in the period since
Pages to are hidden for
"selected topics"Please download to view full document