scholarly journals The development of main factors of the wine demand

2009 ◽  
Vol 55 (No. 7) ◽  
pp. 321-326 ◽  
Author(s):  
H. Chládková ◽  
P. Tomšík ◽  
S. Gurská
Keyword(s):  
Czech Republic ◽  
Consumer Preferences ◽  
Wine Quality ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Pet Bottles ◽  
Main Factors ◽  
Per Capita ◽  
Wine Market ◽  
Wine Demand

The paper identifies and analyses the main factors which influenced the wine demand. The average annual wine consumption per capita is the basic factor of the wine demand. The average annual wine consumption, one of the wine demand factors, grew between 2003 and 2007 from 16.3 l to 18.5 l per capita. Following this trend, we can expect the average annual wine consumption 19.0 l per capita in year 2010. A positive feature of this development is also the fact, that there grows the demand after the quality wines. At the same time, there grows also the consumption of the lower quality, cheap wines packed in boxes or PET bottles. A continuously growing tendency can be also noticed in the red-wine consumption. This change of consumer preferences has significantly influenced the growth of the share of the red varieties in the new-planted vineyards. However, there are critical factors in the development of the demand for wine demand here. Specifically, it is the daily feasible ration of alcohol in wine and other alcoholic drinks, especially beer that we can treat as the substitute of wine. The average annual beer consumption moves about 160 l per capita in the Czech Republic. The continuously growing tendency of wine consumption is reduced by the lower price of beer too, because beer is the cheapest alcoholic drink in the Czech Republic. The taste and preferences of consumers have been changing, that means, that the consumers are the ones who decide about the wine quality, and not producers. That is why this paper includes the partial results of the research oriented on the habits and behaviour of consumers in the wine market in the Czech Republic. It is concentrated on the wine sellers opinions on demand development in the wine market.

scholarly journals Analysis of selected demand factors of wine market of the Czech Republic

2008 ◽  
Vol 53 (No. 7) ◽  
pp. 304-311 ◽  
Author(s):  
T. Pyšný ◽  
Z. Pošvár ◽  
S. Gurská
Keyword(s):  
Czech Republic ◽  
Ethanol Consumption ◽  
Negative Influence ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Demand Growth ◽  
Alcoholic Drinks ◽  
Main Factors ◽  
Per Capita ◽  
Wine Demand

This paper analyzes the data on the development of the main factors of the demand for wine and wine consumption in the Czech Republic. The average annual wine consumption, one of the wine demand factors, grew between1991 and 2005 from 14.8 l to 17 l per capita. Following this trend, we can expect the average annual wine consumption 17.4 l per capita in year 2010. However there are critical factors in the development of the demand for wine demand here. Specifically it is the daily feasible ratio of alcohol in wine and other alcoholic drinks, especially beer that we can treat as the substitute of wine. The ethanol consumption in beer accounts for 50% of the total ethanol consumption in alcoholic drinks in the Czech Republic. The negative influence on wine demand growth has been the price of other alcoholic drinks, especially beer that is the cheapest form of ethanol.

scholarly journals Wine consumption in the Czech Republic and the prices of alcohol

2014 ◽  
Vol 60 (No. 2) ◽  
pp. 89-98 ◽  
Author(s):  
P. Syrovátka ◽  
H. Chládková ◽  
P. Žufan
Keyword(s):  
Czech Republic ◽  
Dynamic Model ◽  
Price Elasticity ◽  
Consumer Demand ◽  
Linear Trend ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Cross Price Elasticity ◽  
Per Capita ◽  
Normal Price

Consumption of wine in the Czech Republic has a growing tendency, representing 15.4 litres per capita in 1995 and 20.0 litres per capita in 2012. The goal of this paper is an analysis of the development of consumer demand for wine in the Czech Republic based on the estimation of elasticity coefficients derived from the constructed dynamic model. The overall development in the period 1948&ndash;2012 is demonstrated through the linear trend: QCW<sub>T</sub> = &ndash;340.77 + 0.1788&times;T + u<sub>T</sub>. The growing consumption of wine was examined in relation to the development of the prices of wine, beer, and rum in the period 1991&ndash;2012. The achieved negative values of the own price elasticity coefficients (ranging from &ndash;0.2957 to &ndash;0.1624) suggest, that there worked normal price reactions. Cross price elasticity coefficients of the gross demand for wine showed complementarity between the consumption of wine and beer or wine and rum. The cross price elasticity of the gross demand for wine related to the price of 10&deg; beer was &ndash;0.2757 in average, and &ndash;0.2074 in the case of rum. &nbsp; &nbsp;

scholarly journals Factors of the attractiveness of Slovak wine market and their influence on the Czech wine export to Slovakia

2014 ◽  
Vol 60 (No. 9) ◽  
pp. 430-439 ◽  
Author(s):  
R. Kučerová
Keyword(s):  
Wine Industry ◽  
Positive Development ◽  
Domestic Consumption ◽  
The Czech Republic ◽  
Domestic Production ◽  
Wine Consumption ◽  
Factors Influencing ◽  
Wine Sector ◽  
Per Capita ◽  
Wine Market

The contribution follows the development of Czech wine exports to Slovakia, depending on the development of the wine industry attractiveness in Slovakia. Wine export from the Czech Republic to Slovakia in the terms of volume and value of exports, both globally and in the division of export bulk and bottled wine, is confronted with the development of factors influencing the wine sector attractiveness in Slovakia. The Slovak wine market is a market in the phase of growth, the wine consumption per capita in 2011 reached 14.7 Lt.; the domestic production covered only 46% of the domestic consumption. The level of the industry concentration is high, the 6 largest companies produce more than 18.5 mill. Lt. of wine &ndash; 50% of the total domestic production. Wine legislation is comparable to the Czech legislation, the purchasing power of the customers shows a positive development, but the cheap table wine imports still represent more than 50% of the total domestic consumption. The opportunity for Czech exporters is the factor represented by the size and growth of the market and the legislation, too. The situation is rather more positive for the re-export of cheap wine from other countries than the direct export of Czech wine to Slovakia in case of other analyzed factors. &nbsp;

scholarly journals Factors of wine demand in the Czech Republic and in the neighbouring wine-growing countries

2012 ◽  
Vol 51 (No. 9) ◽  
pp. 403-410
Author(s):  
R. Kučerová
Keyword(s):  
Czech Republic ◽  
Downward Trend ◽  
The Czech Republic ◽  
Wine Consumption ◽  
Total Level ◽  
Wine Demand ◽  
Trend Of Development

The paper is focused on the analysis of the wine demand and chosen factors which influence the wine demand in the Czech Republic, in Slovakia, in Austria, and in Germany. In the Czech Republic, the wine consumption per inhabitant went up slightly in 1994&ndash;2003, the wine demand has a rising trend. The wine demand has the rising trend in Germany as well. In Slovakia, the year wine consumption per inhabitant decreased by 14.9% from 1994 to 2003; in Austria by 7.7%. There is a downward trend of development in these countries. The influence of the analyzed factors on the development of the wine demand is different in the particular countries. The dependence is possible to follow at the total level of incomes in comparison with the consumer&rsquo;s price of wine.

scholarly journals Evaluation of the adequacy of government minimum wage valorization policy in the Czech Republic in 2017 in the European context

2017 ◽  
Vol 8 (1) ◽  
pp. 21 ◽  
Author(s):  
Martin Pernica
Keyword(s):  
Czech Republic ◽  
Minimum Wage ◽  
Minimum Wages ◽  
Income Poverty ◽  
The Czech Republic ◽  
Eu Countries ◽  
Macroeconomic Indicators ◽  
Per Capita ◽  
The Government ◽  
Workforce Productivity

Research background: The government of the Czech Republic has agreed to an increase in the minimum monthly wage as of the beginning of 2017 to 11,000 CZK, which represents a year-over-year increase of over 11 %. The government is thus fulfilling its objective set out in February 2014 and stipulated in the Government Statement of Purpose, i.e. to approximate the minimum wage to 40 % of average wages. Purpose of the article: The purpose of the article is to assess the adequacy of the Government Minimum Wage Valorization Policy, in particular from two points of view. Firstly, in view of selected macroeconomic indicators in the Czech Republic — the development of consumer prices, average gross wages, economic growth and workforce productivity. Secondly, in comparison with other EU member states which have introduced the institution of a minimum wage. Methods: In order to assess the adequacy of government policy to improve the social protection of the rights of the working population, a background research was conducted into the literature of important studies on the effects of minimum wages on unemployment, while the development of average gross wages in the CR, the minimum monthly wages in the CR and the Kaitz index were also analyzed. Furthermore, an evaluation of selected macroeconomic indicators in the Czech Republic was performed by means of time lines and the percentage representation of employees in the individual gross wage bands according to sex and type of economic activity. Last, but not least, a comparison was made of minimum wages, real gross domestic product per capita and workforce productivity in Euros and in purchasing power standards between the Czech Republic and countries which have enacted the institution of minimum wages. Findings and Value added: The minimum wage in the Czech Republic is the fifth lowest in the EU. In the long term, it is earned by approximately 3% of employees, which is less than the rate common in other EU countries. Currently, the amount of the minimum wage is below the threshold of income poverty. In comparison with the GDP per capita in PPS and real labour productivity per person employed in other EU countries, the position of the Czech Republic is significantly better, although other EU countries offer higher minimum wages. The decision of the current government to significantly increase the minimum wage as of 2017 is correct.

scholarly journals Wine market potential in Ukraine

Ekonomika APK ◽  
2020 ◽  
Vol 311 (9) ◽  
pp. 17-29
Author(s):  
Volodymyr Rossokha ◽  
Oleksandr Petrychenko
Keyword(s):  
Supply And Demand ◽  
Domestic Market ◽  
Market Potential ◽  
European Countries ◽  
Wine Industry ◽  
Raw Material ◽  
Wine Consumption ◽  
Production And Consumption ◽  
Per Capita ◽  
Wine Market

The purpose of the article is to carry out a comprehensive analysis of the raw material market of wine products, production and distribution of wine through sales channels, opportunities and restrictions on the sale of wine in domestic and foreign markets; to determine the state and potential volumes of wine consumption in Ukraine; to elaborate ways and directions of development of production and consumer potential of the domestic wine market to ensure supply and demand formation. Research methods includes an abstract-logical method to substantiate the production and consumer potential of the market; analysis and synthesis – to establish the size of the area, yield, gross harvest, processing of grapes into wine materials, range of products, geography of export and import and wine consumption; economical and statistical and balance methods – for identifying trends and patterns of production and factors influencing the market of wine products, imbalances in the production and consumption of wine in the domestic market; comparative and calculation-constructive methods – to compare the levels of wine consumption in Ukraine and EU countries and substantiation of the consumer potential of the wine market in Ukraine; standard-cost method - for determining the amount of investment in the raw material base of the wine industry to develop production capacity and ensure supply in the wine market. Research results. Analysis of the market dynamics in the segments of grape growing and processing, the nomenclature of production, distribution and consumption of wine showed the discrepancy between the supply of raw materials on the market for loading the capacity of wineries, accompanied by the filling the domestic market with imported products. The ratio of wine exports to imports, production volumes to exports and imports, the share of domestic production and imports in the consumption fund and per capita has been established. The capacity of the domestic market for wine consumption in Ukraine at the level of European countries and the amount of investment to ensure its supply of wine products is determined. The ways and directions of development of production and consumer potential of the domestic wine market are outlined. Scientific novelty. The disproportions in the production and consumption of wine in the domestic market, the differences in the consumption of wine per capita in Ukraine and European countries are grounded. The production and consumer potentials of the domestic wine market have been determined. The volumes of investments, ways and directions of development of the production and consumer potential of the market for the interaction of supply and demand have been established. Practical significance. The investigated trends in the development of the production and consumer potential of the wine market serve as a guideline for making rational management decisions on the choice of ways and directions for increasing production and domestic consumption of products of the wine industry.

scholarly journals Partial equilibrium model – Case study of the poultry market

2011 ◽  
Vol 59 (7) ◽  
pp. 431-438
Author(s):  
Lenka Šobrová ◽  
M. Malý ◽  
Z. Malá
Keyword(s):  
Time Series ◽  
Czech Republic ◽  
Panel Data ◽  
Equilibrium Model ◽  
Poultry Meat ◽  
Partial Equilibrium ◽  
The Czech Republic ◽  
Estimated Parameters ◽  
Partial Equilibrium Model ◽  
Main Factors

This paper deals with identifying the main determinants in the poultry agri-food chain in the Czech Republic and examines their relationships. The partial equilibrium model, defined as a seven-equation model in power form, is employed for this purpose. The analysis is based on both time-series and panel data of the main factors in the poultry market. The time-series as well as panel data contain annual data of selected variables for the period from 1995 to 2009. The analysis is focused on supply and demand of poultry meat, specifically on production, consumption and foreign trade in poultry meat in the Czech Republic. Firstly, the main factors influencing the poultry market are determined, then, an appropriate model is employed. The parameters of the model are estimated using the ordinary least squares method in statistical and econometric software. Estimated parameters confirm assumed relationships among the selected variables. Moreover, the long-term tendencies of the selected indicators are proven. Among other, the analysis proves an inertial consumption, the price level as the main factor influencing the consumption and one-way or mutual relationship among the selected variables. The statistical features of the model are satisfied as well – the estimated parameters are statistically significant, the model does not contain, neither the problem of autocorrelation of residuals nor the problem of heteroskedasticity.

scholarly journals Earnings disparities in the czech republic: evidence of the past decade and cross-national comparison

2001 ◽  
Vol 10 (3) ◽  
Author(s):  
Jiří Večerník
Keyword(s):  
Czech Republic ◽  
Market Economy ◽  
Wage Structure ◽  
Demographic Characteristics ◽  
Wage Determination ◽  
The Czech Republic ◽  
The Past ◽  
National Comparison ◽  
Main Factors ◽  
Cross National

Wage and income surveys are used to display changes in inequality of earnings and main factors of disparities. In the first part, increasing disparities in the Czech Republic and the decreasing weight of demographic characteristics in wage determination are observed. In the second part, available evidence on cross-national comparison is gathered in order to demonstrate the increasing similarity of the Czech wage structure with Western countries. We document that the introduction of the market economy has led to a significant increase in earnings disparities; the

scholarly journals What Are the Most Important Factors Influencing Springtail Tetrodontophora bielanensis?

Insects ◽  
2021 ◽  
Vol 12 (10) ◽  
pp. 858
Author(s):  
Strahinja Mladenović ◽  
Jan Materna ◽  
Tereza Brestovanská ◽  
Jakub Horák
Keyword(s):  
Spatial Distribution ◽  
Czech Republic ◽  
Negative Influence ◽  
Positive Influence ◽  
Cold Climate ◽  
The Czech Republic ◽  
Soil Layers ◽  
Factors Influencing ◽  
Main Factors ◽  
Landscape Level

The springtail, Tetrodontophora bielanensis, dwells in the litter and upper soil layers. This arthropod mainly inhabits humid litter and soil and prefers a cold climate. We determined the main factors influencing this springtail in forests at the landscape level in Krkonoše and site level in Orlické hory in the Czech Republic. We used passive trunk-tree traps. These traps are highly effective for sampling flightless fauna. We used 128 traps in Krkonoše and 17 traps in Orlické hory. The springtail was significantly positively influenced by the presence of Norway spruce (Picea abies) at the landscape level. Springtails’ abundance was, furthermore, influenced by the spatial distribution of the sampling sites. The negative influence of bark coverage and the presence of fungi, and positive influence of an increasing dimension of trees were significant at the site level. We argue for a more diversified management of mountainous forests with respect to forest history. This appears to be also important for mountainous forests in protected areas.

scholarly journals Brand as an innovation—The case of Czech wine

2021 ◽  
pp. 115-124
Author(s):  
Jan Zavodny Pospisil
Keyword(s):  
Czech Republic ◽  
The Other ◽  
Wine Production ◽  
The Czech Republic ◽  
Wine Market ◽  
The One ◽  
The Relationship

The Czech Republic is not a typical wine-growing country, yet winemaking and viticulture are among the oldest Czech crafts. Although the situation is slightly improving today, domestic wine production is not very preferred by Czech consumers since more than two-thirds of the wine that Czechs drink each year is imported. In the long term, the worst situation prevailed with the sales of a young wine. The cause was twofold: On the one hand, the market was already penetrated by imported Beaujolais nouveau, which became a synonym for the young wine. On the other, a peculiar Czechs’ taste for young wine was also an obstacle. As a young wine, many Czechs drink partially fermented must from grapevine fruits called “Burčák”. The young wine market was therefore seemingly penetrated with a low possibility of new brands entering it. The proposed case study will describe an ongoing campaign in which a new brand, “Svatomartinské víno”, was created. With this brand, it was possible to change the Czech consumers’ view of immature wines fundamentally. Thanks to the innovative branding approach, the product, which Czech consumers had neglected for many years, became a superior and must-have product for broad consumers. Also, the relationship between the brand and consumers has been established. The new brand has become a potential for many other related events. Last but not least, the consumption of domestic wine increased, which led to the support of local wineries and related regions.

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