METHODOLOGY FOR ASSESSING THE IMPACT OF AGRI-FOOD MARKET DYNAMICS ON THE FINANCIAL CONDITION OF PRODUCERS (USING THE EXAMPLE OF THE SUNFLOWER OIL MARKET)

DOI 10.32651/218-65

Issue № 8, 2021, article № 11, pages 65-69

Section: Agrofood market

Language: Russian

Original language title: МЕТОДИКА ОЦЕНКИ ВЛИЯНИЯ ДИНАМИКИ РЫНКА АГРОПРОДОВОЛЬСТВЕННОЙ ПРОДУКЦИИ НА ФИНАНСОВОЕ СОСТОЯНИЕ ПРОИЗВОДИТЕЛЕЙ (НА ПРИМЕРЕ РЫНКА ПОДСОЛНЕЧНОГО МАСЛА)

Keywords: SUNFLOWER OIL MARKET, PER CAPITA CONSUMPTION OF SUNFLOWER OIL, PURCHASING POWER OF THE POPULATION, EXPORT PRICE, FINANCIAL CONDITION, SOLVENCY, CURRENT RATIO, MICROECONOMICS, MACROECONOMICS, MULTIPLE REGRESSION

Abstract: The identification of the relationship between microeconomic and macroeconomic indicators makes it possible to anticipate and mitigate in time possible crises in individual enterprises and organizations. The sunflower oil market in Russia is developing quite rapidly - the manufacture of this type of product increased between 2005 and 2019, while its exports grew even more substantially, and domestic consumption is provided by own production, as evidenced by the negative trend in imports volume. The current ratio, considered as a microeconomic indicator of the financial status of sunflower oil producers, is calculated on average in their entirety. The dynamics of the financial coefficient under consideration is determined by the following market aggregates: per capita consumption of sunflower oil, purchasing power of average per capita income of the population, export price. Growth in all three considered factors causes an increase in the current ratio. During the whole period under study the value of the current ratio is substantially lower than its optimal parameter. The main macroeconomic reasons for this situation are the limited human physiological need for sunflower oil, which significantly reduces the size of the domestic market, and the negative development of the export price of this commodity.

Authors: Kibirov KHetag Georgievich