scholarly journals Global sugar market – the analysis of factors influencing supply and demand

Author(s):  
Lenka Rumánková ◽  
Luboš Smutka

This article deals with an analysis of the world sugar market, and specifically focuses on the supply and demand of refined sugar and their main determinants. The article first identifies the main determinants of the world supply of and demand for sugar, and further, their effect on such variables is quantified. Further, the component correlations on the selected market are analyzed. This consists of the identification of the factors affecting the production of refined sugar, as one of the main elements of the supply of sugar, as well as an analysis of the world price of sugar, as one of the significant factors affecting the world sugar market. The said correlations are quantified with the utilization of regression analysis on the basis of time series of the individual variables within the years 1980–2010. On the basis of the conducted analysis, the main determinants of the sugar supply on the world market within the analyzed period, for which an effect has been established both from an economic viewpoint, as well as from a statistical viewpoint, can be considered to be sugar reserves, its price and the acreage of sugarcane. The main determinant of the demand for sugar is, according to the conducted analysis, the global GDP on a new value level, as well as converted to one inhabitant. Further, the analysis also established the effect of the price of sugar and its reserves on the world production of refined sugar, and, last but not least, also the long-term tendency in the development of the world price of sugar. The analysis has proven significant influence of refined sugar supply, reserves of refined sugar, its price and area of sugar cane on sugar supply. Then, the analysis detected GDP as the main determinant of the sugar demand and the long memory in sugar prices. Finally, the influence of delayed price, reserves and delayed reserves on production has been proven.

Author(s):  
Michał Pietrzak ◽  
Marcin Mucha

In the period 1990–2013 sugar industry in Poland faced numerous legal transformations, shifting from nearly free-market conditions into a strongly regulated sector. Changes of the sugar industry regulations had a significant impact on the structure of the sugar market, companies’ actions and, as a result, on their performance. Accession to the European Union and the reform of the sugar regime conducted from 2006 to 2010 on the initiative of the European Commission involved deep restructuring and modernization of the factories, which caused growth of their productivity. However, prices of sugar in the EU and in Poland are much higher than prices on the world market.


2020 ◽  
Vol 10 (513) ◽  
pp. 450-459
Author(s):  
N. I. Yurchenko ◽  

Currently, the tourism industry continues to outpace the global economy despite deteriorating global economic prospects, tensions in international trade, social worries, geopolitical uncertainty, instability and the COVID-19 pandemic. The article is aimed at identifying modern trends of marketing research as part of the complex of marketing instruments in the tourism sphere. To achieve this aim, the article uses the following research methods: abstract-logical; situational analysis; mean, absolute and relative values; comparison, graphic, sociological; statistical analysis; economic-mathematical; expert surveys and estimations. Based on the data of the World Tourism Organization, the indicators of development of the world market of tourist services are analyzed. Performed were the following: analysis of the dynamics of the number of subjects of tourism activity (tour operators and travel agents) in Ukraine; total average number of full-time employees; income from the provision of tourist services; operating expenses for the provision of tourist services; number of tourists served by tour operators and travel agents in Ukraine. The content of marketing research is disclosed as a multi-stage process, which should include the collection, registration and analysis of data in the sphere of tourism business. Marketing researches should be conducted according to 8 stages: determining the problem; development of the concept of research; cabinet marketing research; field market research; analysis of market conditions (supply and demand); research of foreign markets; simulation modeling; formation of a marketing information system. In order to determine the rating of tour operators of the mass segment of the tourism market in 2020, a questionnaire containing 16 questions is specified. Its results can be used when evaluating tour operators in terms of customer comfort and cooperation with travel agents. It is proved that marketing research in the tourism industry is advisable to be carried out systematically. This will provide for substantiating and elaborating managerial solutions in order to maximize the satisfaction of the needs of consumers of tourist services and solve the problems of significant seasonal fluctuations in demand.


2015 ◽  
Vol 4 (3) ◽  
pp. 54-58
Author(s):  
Гендон ◽  
A. Gendon

In article the main attractive fundamental characteristics determining the steady growth of world demand for mineral fertilizers in the long term are considered. However it is defined that such factors define need for fertilizers, but not solvent demand, and in the short term in all segments of branch excess of the offer over demand that can lead to reduction of prices of fertilizers, and also to decline in yield of mining and chemical business will be observed.


Author(s):  
Aviral Srivastava

Introduction: Cryptocurrency is an innovative decentralized virtual currency concept. It has emerged as a new type of investment vehicle in the world, much like gold. The current research was carried out to investigate the impact of cryptocurrency on the world market and its future potential in relation to its rising prominence among investors and traders alike. Methods: This descriptive-analytical study was based on the interviews of individuals trading in cryptocurrencies and data collected from magazines, websites, electronic newspapers, and research articles. The collected data sets were analyzed by a data analysis model created by me. Results: Only Cryptocurrencies with decentralized systems are trusted by investors for the fact that they can't be controlled by a single entity. Some countries have legalized crypto while some have banned them. Overall, a majority of the world still has yet to comment on the legality of Bitcoin. The cryptocurrency market is highly volatile as it is based on a simple supply and demand strategy. Bitcoin mining generates 35.95 million tons of carbon dioxide emissions and 12,000 tons of electronic waste a year. The applications of this system promise free, fast transactions, a guarantee of privacy, and a traceable supply-chain framework. Conclusion: The findings indicated that cryptocurrency has a swiftly rising user base. With its fair share of advantages and disadvantages, it is a global phenomenon. Given the correlation between investors and asset flow, its future looks promising. It is necessary to promote this next chapter in the evolution of digital assets.


2018 ◽  
Vol 15 (3) ◽  
pp. 513 ◽  
Author(s):  
Zvezdan Savić ◽  
Nebojša Ranđelović ◽  
Nikola Stojanović ◽  
Veroljub Stanković ◽  
Violeta Šiljak

Sport represents a domain where various functions and effects can be manifested. The sports industry today is characterized by modern technology, especially in the sphere of manufacturing sports props and equipment, which significantly helps its development and progress. The sports industry today exists within the social-economic achievements and power of a society. In essence, it should adapt to the new living conditions, work conditions and the conditions in which business is being conducted. Today, it is necessary to invest more in the offer of the sports industry (athletes, results, equipment, equipment, facilities, diagnostics ...), in order to be more efficient in the form of the final product on the market. The industry must adapt to the conditions of the world market (supply and demand). That is why it is sometimes necessary to also expand the range of constituents in order to win a medal – achieve a top sports result. This article will analyze the phenomenon of the modern sports industry as a business model, its production and the realization of the necessary conditions for achieving top sports results and winning medals at big competitions. Naturally, without unity between numerous external and internal factors no top sports results can be achieved. The authors also deal with an analysis of the factors of the sports industry.


Author(s):  
Olesya Bubnovskaya ◽  
◽  
Vitalina Leonidova ◽  

The relevance of the problem posed in the article is determined by the role of psychological safety in the development of the individual against the background of the growth of securitization in modern society, the need to detect factors affecting it. The purpose of the study is to establish the nature of the relationship between cognitive variables and psychological safety of the individual, considering the gender. According to the hypothesis of the study, gender characteristics of the individual, determining the cognitive component of the individual's attitude to himself and to the world, affect psychological safety. The sample of the study included university students of Vladivostok (n=300, 60 – men, 240 – women, the average age is 19 years). Used methods: “Psychological safety of educational environment” (PSEE)” (Baeva I.A.), “Kiselev’s thermometer” (“gradusnik sostoi͡aniĭ”), (Kiselev Yu.Ya.), “Bem Sex-Role Inventory (BSRI)” (Bem S.), “World assumptions scale” (Yanov-Bulman R.) in the adaptation by Padun M. A., Kotelnikova A.V. with comparative, correlation, regression and factor analysis in the Python. The results show significant correlations between gender and basic beliefs of the individual (p≤0,001), safety of the educational environment, components of psychological safety (p≤0,001); stable influence of masculinity and femininity on the attitude of the individual to the world and to himself, on the components and characteristics of safety (determination coefficients – 0,5-0,6). Based on the study of data on psychological safety and basic beliefs of students, considering their gender traits, conclusions are made about the influence of gender on the cognitive component of safety. In general, gender characteristics and beliefs of an individual are important for psychological safety, although a strict determination was not identified in the study and requires further study. The influence of gender on beliefs about peace and safety is more pronounced in the feminine type than in the masculine type. The sense of safety of a person with feminine traits is largely due to her trust in others, faith in a good and fair world, and with masculine traits – the belief in her ability to control events.


Author(s):  
Viktors Blohins

Globalization and the growth of world trade force ports to change accordingly to changing market conditions. Ship sizes grow rapidly, so ports should deepen the harbour, modify port equipment and train personnel. In other worlds – ports have to be ready to react. The challenge of finding the vectors of development in those changing conditions is a crucial fact. In the paper, the author analyses the extent of the research work done in the sphere of competitiveness of ports and deals with the main factors influencing the position of ports in the world market. Therefore, the purpose of the work is to highlight the major factors affecting the port competitiveness. The main research method is the theoretical research. The analysis is based on the research carried out by scientists in the field of competitiveness of ports. As a result, three main factors were identified and described. The most important factor affecting the competitiveness of the port is the development of port hinterlands. Development initiatives of these territories and the relations between them should be laid down in each port’s development plan. Remaining factors are regular shipping lines existence and value added services in ports. Other factors that influence the overall port position on the market are also being reviewed.


2002 ◽  
Vol 50 (4) ◽  
pp. 455-481 ◽  
Author(s):  
Bronislaw Szerszynskiand ◽  
John Urry

This paper is concerned with whether a ‘culture of cosmopolitanism’ is currently emerging out of massively wide-ranging ‘global’ processes. The authors develop certain theoretical components of such a culture, they consider ongoing research concerned with belongingness to different geographical entities including the ‘world as a whole’, and they present their own empirical research findings. From their media research they show that there is something that could be called a ‘banal globalism’, from focus group research they show that there is a wide awareness of the ‘global’ but that this is combined in complex ways with notions of the local and grounded, and from media interviews they demonstrate that there is a reflexive awareness of a culture of the cosmopolitan. On the basis of their data from the UK, they conclude that a ‘publicly screened’ cosmopolitan culture is emergent and likely to orchestrate much of social and political life in future decades. The need for a constantly changing market chases the bourgeoisie over the whole surface of the globe. It must settle everywhere, establish connexions everywhere … the bourgeoisie has through its exploitation of the world market give a cosmopolitan character to production and consumption in every country … The individual creations of individual nations become common property. National one-sidedness and narrow-mindedness become more and more impossible (Marx and Engels, [1848] 1952: 46–7; emphasis added)


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