European Sugar Market - Impact of Quota System

摘要: The European agricultural market has been criticized for its heavy regulations and subsidization. sugar is one of the most regulated ones; however, this will change radically in 2017 when current system production quotas end. aim paper to present basic characteristics EU quota market. analysis identifies main drivers their position within especially those drivers/companies/alliances which take control over realized under system. also highlights level concentration countries companies are leaders area Based on results deriving from paper, it possible characterize as a heavily concentrated - nearly 75% (10 mil. tonnes) controlled by five multinational only; these operating more than 50% all available plants located EU. These alliances capacities subsidiaries. In countries, causes serious problems given or two producers only. extremely if we into consideration location each alliance's headquarters. majority (the) German French companies. beneficiaries relation