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Drozdz Jolanta (Lithuanian Institute of Agrarian Economics Vilnius, Lithuanian), Volkov Artiom (Lithuanian Institute of Agrarian Economics Vilnius, Lithuanian)
Food Market Diversification Approach - Lithuanian Case
Zagadnienia Ekonomiki Rolnej, 2015, nr 2, s. 61-71, rys., bibliogr. 10 poz.
Produkty rolne, Produkty żywnościowe, Handel zagraniczny, Dywersyfikacja
Agricultural products, Food products, Foreign trade, Diversification
Despite many efforts of liberalising foreign trade in agri-food products in early nineties and the membership in WTO in 2001, the real benefit for enlarged trade volumes was obtained after Lithuania entered the EU. Agri-food exports and imports volumes rose intensively, on average 23 per cent for exports and 21 per cent for imports during the 2004-2013 period. Analysis showed that exporting firms simultaneously seek to balance their growth across both the geographic and product diversification domains. Lithuanian agricultural products, which get higher EU support (e.g. direct payments), prevail on foreign markets (e.g. milk products, grains, wheat gluten, etc). After the EU accession, Lithuania became a gateway for other European exporters for reaching Eastern countries. The volumes of Lithuanian origin products in total agri-food exports fell down from 89.2 per cent in 2003 to 64.3 per cent in 2013. Analysis of the export geography of Lithuanian origin agri-food products showed that Lithuania has three stable markets (Russia, Germany and Latvia) and is strongly dependent on them. Nevertheless, market diversification appears from 2008. In 2013, this tendency has strengthen. Breakthrough in agri-food exports is expected to the African, Asian, Scandinavian countries and Australia. Expert evaluation showed that there strong breakthrough in wheat gluten, meat and meat products and bakery products exports is expected from Lithuania. Smaller, but no less important export growth is projected in dairy sector. (fragment of text)
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