Influence of the Milk Market’s Competitiveness on the Price in Romania

Abstract:

This study seeks to determine the influence of the milk market's competitiveness on the price in Romania. In order to determine this, the evolution of livestock, the evolution of milk production, as well as the determination of competitive holdings on the milk market will be analysed. With the help of the data on the website of the National Institute of Statistics on cow and buffalo milk prices and the prices of sheep and goat milk, the annual price differences can be determined, and with these data and with the correlation coefficient, will be able to identify the influence of competitiveness on the market for this product, vital to humanity.