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2015 | 2(343) | 61-71

Article title

Food market diversification approach – Lithuanian case

Content

Title variants

Languages of publication

EN

Abstracts

EN
The paper analyses the main opportunities and threats coming from dynamic changes in international trade development for the agricultural and food sector in Lithuania. It addresses the problem of market diversification in Lithuanian agriculture and food sector focusing mainly on: analysis of the Lithuanian trade before and after the EU accession, investigation of the dynamics of international trade flows in agri-food products, comparison of export geography of Lithuanian agri-food products before and after the accession, orientation of the exporters of agri-food products at international markets. To this end, the authors use statistical quantitative analysis which was supplemented with qualitative analysis of experts from both the public and private sector. The questionnaire for experts comprised questions investigating the current situation of the company, export share, future plans and orientation at the foreign markets, product development perspectives and market diversification strategies.

Contributors

  • Lithuanian Institute of Agrarian Economics Vilnius, Lithuania
author
  • Lithuanian Institute of Agrarian Economics Vilnius, Lithuania

References

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  • Hashai N., Delios A.: Balancing growth across geographic diversification and product diversification: A contingency approach. International Business Review, Dec 2012, vol. 21, issue 6.
  • Jefferson & Associates, Inc.: Marketing Strategy – Market Diversification [Interactive] <http://www.jeffersonassoc.com/mktdiversificationstrategy.htm>, [Date: 11.07.2014]. Westlake, Ohio 2009.
  • Pöyry: New Products and New Markets: A Process for Successful Innovation. Executive wire, North America/2013 – 1.0, New York 2013.
  • Travkina I., Dudzevičiūtė G., Maciukevičienė L.: Accession to the European Union: impact of legislation change on performance of lithuanian companies. Business: Theory and Practice, 2009, 10(2), Vilnius 2009.
  • Turner M., Winter D.: Farm Diversification Activities: Benchmarking Study 2002. Centre for Rural Research Report, Exeter, no. 4, 2003.

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-22cbeb30-19ea-4183-ade8-3a7835603daa
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