Vegetable prices in Serbia: Tendencies and forecasting
The subject of this paper is analysis of the tendencies and forecast of the prices of most significant vegetable crops in Serbia: potato, bean, tomato, pepper, onion, cabbage and watermelon. The aim of the paper is to forecast the absolute prices of the studied vegetables. Time series analysis of ve...
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2019-01-01
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Series: | Ekonomika Poljoprivrede (1979) |
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doaj-dcfc307b77874624a79090962a4ad0052020-11-24T22:01:38ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532019-01-016624854980352-34621902485MVegetable prices in Serbia: Tendencies and forecastingMihajlović Šumadinka0Vukelić Nataša1Novković Nebojša2Mutavdžić Beba3University of Novi Sad, Faculty of Agriculture, Novi SadUniversity of Novi Sad, Faculty of Agriculture, Novi SadUniversity of Novi Sad, Faculty of Agriculture, Novi SadUniversity of Novi Sad, Faculty of Agriculture, Novi SadThe subject of this paper is analysis of the tendencies and forecast of the prices of most significant vegetable crops in Serbia: potato, bean, tomato, pepper, onion, cabbage and watermelon. The aim of the paper is to forecast the absolute prices of the studied vegetables. Time series analysis of vegetable prices expressed in euro per ton (2002-17) was performed by means of descriptive statistics, while adequate ARIMA models were used for price forecasting (2018-22). The analysis of the studied vegetable crops showed that bean had the highest average annual price, while watermelon had the lowest. The price of tomato showed the highest fluctuations over the years, while the lowest were for onion and cabbage. All vegetable crops showed a tendency of absolute increase in prices expressed in euro. Based on the foregoing, it can be concluded that the market position of vegetables is generally improving, but oscillations will continue to occur.https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2019/0352-34621902485M.pdfvegetablespriceSerbiaforecasting |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Mihajlović Šumadinka Vukelić Nataša Novković Nebojša Mutavdžić Beba |
spellingShingle |
Mihajlović Šumadinka Vukelić Nataša Novković Nebojša Mutavdžić Beba Vegetable prices in Serbia: Tendencies and forecasting Ekonomika Poljoprivrede (1979) vegetables price Serbia forecasting |
author_facet |
Mihajlović Šumadinka Vukelić Nataša Novković Nebojša Mutavdžić Beba |
author_sort |
Mihajlović Šumadinka |
title |
Vegetable prices in Serbia: Tendencies and forecasting |
title_short |
Vegetable prices in Serbia: Tendencies and forecasting |
title_full |
Vegetable prices in Serbia: Tendencies and forecasting |
title_fullStr |
Vegetable prices in Serbia: Tendencies and forecasting |
title_full_unstemmed |
Vegetable prices in Serbia: Tendencies and forecasting |
title_sort |
vegetable prices in serbia: tendencies and forecasting |
publisher |
Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
series |
Ekonomika Poljoprivrede (1979) |
issn |
0352-3462 2334-8453 |
publishDate |
2019-01-01 |
description |
The subject of this paper is analysis of the tendencies and forecast of the prices of most significant vegetable crops in Serbia: potato, bean, tomato, pepper, onion, cabbage and watermelon. The aim of the paper is to forecast the absolute prices of the studied vegetables. Time series analysis of vegetable prices expressed in euro per ton (2002-17) was performed by means of descriptive statistics, while adequate ARIMA models were used for price forecasting (2018-22). The analysis of the studied vegetable crops showed that bean had the highest average annual price, while watermelon had the lowest. The price of tomato showed the highest fluctuations over the years, while the lowest were for onion and cabbage. All vegetable crops showed a tendency of absolute increase in prices expressed in euro. Based on the foregoing, it can be concluded that the market position of vegetables is generally improving, but oscillations will continue to occur. |
topic |
vegetables price Serbia forecasting |
url |
https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2019/0352-34621902485M.pdf |
work_keys_str_mv |
AT mihajlovicsumadinka vegetablepricesinserbiatendenciesandforecasting AT vukelicnatasa vegetablepricesinserbiatendenciesandforecasting AT novkovicnebojsa vegetablepricesinserbiatendenciesandforecasting AT mutavdzicbeba vegetablepricesinserbiatendenciesandforecasting |
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