Study on the evolution of the rapeseed market in Romania

Agriculture occupies an important place in the Romanian economy, helping to provide food to the population from internal sources and facilitating links with secondary sectors. In recent years, the grain sector has seen a trend of growth in areas cultivated with rapeseed among the farm, this being attributed to the good yield of production and investment, as well as the high-profit margin of this crop. Romania covers more than 5% of Europe's total rapeseed crop, demonstrating that it has high agricultural potential, joining the world's major producers, such as Germany, France, or the United Kingdom. In the context of increasing the competitiveness of domestic producers, it is necessary to study the evolution of the rapeseed market and to create an overview of the current situation in Romania, concrete through an analysis based on the performance indicators of the sector. Therefore, the aim of the paper is to analyze agricultural development trends in the Regions of Romania, to observe the current market situation, and to determine its weaknesses. The research method is based on the quantitative analysis of the data provided by the National Statistical Institute and aims to determine the mechanism of the rapeseed market, to identify ways of its development at the regional level, but also to discover new directions for improving the sector.