The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 4/2023. World Economy.
Aleksandr D. Vasilchenko
Junior Researcher at the Institute of Europe of the Russian Academy of Sciences, Moscow, Russia
Daniil V. Logvinov
2nd year student of Master program “Economics”, Faculty of International Economic Relationships of MGIMO MFA of Russia, Moscow, Russia
Anna A. Semenova
Junior Researcher at the Institute for African Studies of the Russian Academy of Sciences, Moscow, Russia
NON-PRICE DEMAND FACTORS FOR WHEAT IMPORTS IN NORTH AFRICAN COUNTRIES
157-180 | 609.65 KB | Full text |
Abstract
North Africa has firmly established itself as a leading world region in terms of wheat imports. While domestic production remains limited due to natural and climate factors, domestic demand for wheat keeps growing due to fast population growth. That makes the region an attractive grain market, and forces largest exporters to use the whole range of price and nonprice instruments in the competition for the desired market niche. Russian wheat is the most competitive in terms of price. However, as this study shows, in the target region, it is nonprice factors that have a key influence on the decision to conclude a foreign trade contract. In this regard, the purpose of this paper is to reveal, using a panel data model, significant nonprice factors that affect the distribution of market shares of the main suppliers of wheat to the North African market. Taking these factors into consideration will allow underrepresented exporters to increase supplies and secure a niche that fully meets their export potential.
Keywords: export, import, agriculture, wheat market, competitiveness, Algeria, Egypt, Morocco, Tunisia.
JEL: C23, N57, Q17
EDN: OLLZYL
DOI: https://doi.org/10.52180/2073-6487_2023_4_157_180
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Manuscript submission date: 05.03.2023
For citation:
Vasilchenko A.D., Logvinov D.V., Semenova A.A. Non-price demand factors for wheat imports in North African countries // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2023. № 4. Pp. 157-180. (In Russ.). https://doi.org/10.52180/2073-6487_2023_4_157_180 EDN: OLLZYL