Analysis and comparison of the asset situtation of the hungarian poultry and pork sector between 2005 and 2015

Andrea Gergely,Mónika Harangi-Rákos,Veronika Fenyves

doi:10.47282/economica/2019/10/2/4090

Abstract

Meat has been playing an important role in the nutrition of humanity from the beginning of time; therefore meat is a fundamental foodstuff. Global population is steadily increasing and people consume more and more foodstuff with high added value including meat and dairy products. In context of meat production and consumption, poultry and pork sector are the major predominant sub-sectors not only nationally, but also internationally. Pork sector had a definite leading role until the end of 1990s. However, this trend has undergone changes and poultry sector is predicted to have this leading role, according to current trends. The aim of our research is to reveal and analize what impacts this structural change have on businesses in these sectors including their asset situations.

Highlights

Man is omnivore and always has been, needs meat and livestock foodstuffs [17]
In order to do so, we carried out our analysis by calculating indicators on datasets of subsectors provided by the Research Institute of Agricultural Economics
Based on the trend of the values of equity, it can be concluded that the values of the poultry sector show the same fluctuation as observed in the examination of the values of total assets, which means that the fluctuation of the values of total assets derives from the change in the values of equity

Summary

Introduction

Man is omnivore and always has been, needs meat and livestock foodstuffs [17]. The structure of food consumption is steadily changing because the consumption of foodstuffs with high added value – primarily meat and dairy products – is ever increasing due to higher household incomes by economic development [16]. In context of meat consumption and production, the most predominant sub-sectors include pork and poultry sector globally, in the EU and in Hungary, as well. We raised the question what impact the structural change had on the economic, that is to say on the asses situation of the two sectors. The aim of our research was to analyse the trends of the domestic poultry and pork sector in relation to international trends and to analyse production and consumption data, and to use the analysis of specific indicators to evaluate the asset situation of the sub-sectors

Objectives

Results

Conclusion