Abstract

The agri-food market is distinguished by a high degree of dependence on external factors, such as climatic and weather conditions, uneven supply and demand for agricultural products due to the seasonality of production, which explains the dynamism and instability of this market segment. [1] Due to the indicated reasons, the process of current and strategic planning, analysis, determination of development prospects, is an integral part of agricultural production. The article studies the state of the agri-food market of the Kabardino-Balkarian Republic on the scale of the North Caucasian Federal District. The dynamics of the indicators of the produced crop and livestock products in the context of the regions of the NCFD are considered and analyzed, the comparative characteristics of the analyzed values are performed. The results of the analytical study made it possible to build a SWOT analysis model, which identifies the strengths and weaknesses of the agri-food market of the Kabardino-Balkarian Republic, as well as the opportunities and threats of its development.

Highlights

  • The regional food market is, on the one hand, a subsystem of the national food market, and on the other hand, it acts as a subsystem of the regional social-and-economic system [2]

  • The relevance of the study is due to the importance of the agri-food market in the region, at the level of the subject, and in general for the country’s macroeconomic development, national food security

  • The work found the application of the monographic research method, as well as such methods of cognition as: analysis, synthesis, generalization, the method of economic comparison and the method of SWOT analysis

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Summary

Introduction

The regional food market is, on the one hand, a subsystem of the national food market, and on the other hand, it acts as a subsystem of the regional social-and-economic system [2]. The relevance of the study is due to the importance of the agri-food market in the region, at the level of the subject, and in general for the country’s macroeconomic development, national food security. The purpose of this study is to analyze the current state of the agri-food market of the Kabardino-Balkarian Republic in terms of assessing its strengths and weaknesses, as well as opportunities and threats, in order to determine the most favorable prospects for the development of the regional agri-food market

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