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Prices Of Organic Products In The Republic Of Serbia

Author

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  • Simin, Mirela Tomaš
  • Trbić, Danica Glavaš
  • Petrović, Marcia
  • Komaromi, Bojana

Abstract

In the paper, the authors analyse the organic system of agricultural production. Organic agriculture is a production system based on the principles of sustainable agriculture. Among other things, the need to integrate three basic aspects of sustainability - social, economic and environmental - is emphasized. In order to meet the economic viability organic production relies heavily on the so-called premium prices for these products. A survey of organic prices in the Republic of Serbia for the period 2012 to 2017 showed that premium prices in Serbia range from 50% to 300%, depending on the type of product and its seasonality. The authors conclude that this is in line with developed markets for organic products.

Suggested Citation

  • Simin, Mirela Tomaš & Trbić, Danica Glavaš & Petrović, Marcia & Komaromi, Bojana, 2019. "Prices Of Organic Products In The Republic Of Serbia," Western Balkan Journal of Agricultural Economics and Rural Development (WBJAERD), Institute of Agricultural Economics, vol. 1(2).
    • Handle: RePEc:ags:iepwbj:301960
    DOI: 10.22004/ag.econ.301960
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    Cited by:

    1. Shao-Ping Yang & Shu-Chun Chang & Ta-Ching Liang & Rospita Odorlina P. Situmorang & Minhas Hussain, 2021. "Consumer Confusion and Green Consumption Intentions from the Perspective of Food-Related Lifestyles on Organic Infant Milk Formulas," Sustainability, MDPI, vol. 13(4), pages 1-16, February.
    2. Vojislava Bursić & Gorica Vuković & Magdalena Cara & Marija Kostić & Tijana Stojanović & Aleksandra Petrović & Nikola Puvača & Dušan Marinković & Bojan Konstantinović, 2021. "Plant Protection Products Residues Assessment in the Organic and Conventional Agricultural Production," Sustainability, MDPI, vol. 13(3), pages 1-13, January.
    3. Vuk Radojević & Mirela Tomaš Simin & Danica Glavaš Trbić & Dragan Milić, 2020. "A Profile of Organic Food Consumers—Serbia Case-Study," Sustainability, MDPI, vol. 13(1), pages 1-22, December.

    More about this item

    Keywords

    Demand and Price Analysis;

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