Wahania cykliczne na światowym rynku cukru

Abstract

In the economic history of the world, sugar is considered one of the first global products, and the supply-demand in the global market has had a major impact on the development of local markets. The Polish sugar sector has been under the influence of the world market for many years. The reform of the sugar market regulation system in the EU has made the EU and domestic markets increasingly dependent on the world market. The production potential of the domestic sugar industry is greater than the demand on the internal market and the excess supply is directed to exports. The global market is characterized by cyclical fluctuations, which are determined by the cyclical nature of sugar cane cultivation. The length of the business cycle has been reduced to 2-3 years. The world market prices affect domestic sales and export prices and the financial performance of the sugar industry.