<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Romania is a country located in southeastern Europe, known for its rich history, culture, and agriculture. One of the most important agricultural sectors in this country is milk production. In recent years, the milk production industry has faced numerous of challenges. In this direction, the aim of our paper was to use the exponential smoothing method of forecasting in order to analyse the milk production future trends, based on empirical data provided by FAOSTAT, and to provide some insights regarding possible solutions. According to our observations, in the following period (2023-2033) the milk production tends to slowly decline, situation that impose some measures. In conclusion, regarding the forecasted situation, Romania can avoid the milk production decline and improve the current situation by adopting and implementing some preventive measures.</p>
</abstract>

Romania is a country located in southeastern Europe, known for its rich history, culture, and agriculture. One of the most important agricultural sectors in this country is milk production. In recent years, the milk production industry has faced numerous of challenges. In this direction, the aim of our paper was to use the exponential smoothing method of forecasting in order to analyse the milk production future trends, based on empirical data provided by FAOSTAT, and to provide some insights regarding possible solutions. According to our observations, in the following period (2023-2033) the milk production tends to slowly decline, situation that impose some measures. In conclusion, regarding the forecasted situation, Romania can avoid the milk production decline and improve the current situation by adopting and implementing some preventive measures.

Milk Production Forecast Analysis in Romania - A Problem to Possible Solutions Approach

University of Agronomic Sciences and Veterinary Medicine of Bucharest

Annals of "Valahia" University of Târgovişte. Agriculture

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Romania is a country located in southeastern Europe, known for its rich history, culture, and agriculture. One of the most important agricultural sectors in...

Milk Production Forecast Analysis in Romania - A Problem to Possible Solutions Approach

Publicado en línea: 18 may 2023

Páginas: 9 - 12

DOI: https://doi.org/10.2478/agr-2023-0003

Palabras clave
milk production, trend, forecast analysis

© 2023 Cosmin Sonea et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Milk Production Forecast Analysis in Romania - A Problem to Possible Solutions Approach

Publicado en línea: 18 may 2023

Páginas: 9 - 12

DOI: https://doi.org/10.2478/agr-2023-0003

Palabras clavemilk production, trend, forecast analysis

© 2023 Cosmin Sonea et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Palabras clave
milk production, trend, forecast analysis