Market potentials for forestry sector development in the Rasina district

Abstract

The idea of this paper is to show the placement of forestry products on the market, as well as future opportunities for the development of the forestry sector in terms of goods exchange within the FE “Rasina” Kruševac, which is part of PE “Srbijašume”. In particular, the sales of wood by auction are also shown. The aim of this research is to determine the realization of the exchange of timber assortments within the FE “Rasina” Kruševac through an analysis of the collected data. The purpose of this research is to define and determine the rules of exchange realization, as well as to give explanations of the consequences of the implemented exchanges and to make proposals for future activities on the market. The subjects of this research are: sold quantities of timber products within FE “Rasina” Kruševac, their purchase by wood processing companies, as well as the price of the product. The sales of beech assortments are represented by a second degree polynomial, a strong correlation bond (0.850) is present and the correlation coefficient is statistically significant, indicating an error of about 0.1% (Significance F), the parameters are significant (for the error level α = 0.05 %), because the corresponding P-value points to an error of about 4%, and an average exponential annual growth rate of 3.4%. The total gross income of timber assortments of beech in 2017, for FE “Rasina” Kruševac on the domestic market amounts to 436,583,828 RSD. The most significant revenue was realized by selling firewood, with an income of 210.941.258 RSD, which is primarily attributed to the quantity, and not to the price.

Keywords

• market
• forestry
• Rasina district
• auction
• income
• price