Open AccessPriority Directions for Regional Grain Market Development
Author(s) -
Konstantin Eduardovich Tyupakov*,
Sergey M. Reznichenko,
Rustem Adamovich Shichiyakh,
П. В. Михайлушкин,
Liubov Aleksandrovna Belova
Publication year - 2019
Publication title -
international journal of engineering and advanced technology
Language(s) - English
Resource type - Journals
ISSN - 2249-8958
DOI - 10.35940/ijeat.a1188.109119
Subject(s) - investment (military) , port (circuit theory) , business , industrial organization , russian federation , relevance (law) , domestic market , regional science , international trade , geography , engineering , economic policy , political science , electrical engineering , politics , law
Research Objectives. The article analyses the regional grain market, which makes it possible to substantiate the priority areas of its development, including the expansion of its export opportunities through modernising, updating and creating the port export infrastructure of the region. Methods. The article uses the methods of systemic, structural and logical research, the analytical method, comparison, generalisation, economic statistical method. Each of the methods was used based on its functionality. Results Achieved. The article provides a detailed analysis of the largest regional grain market in the Russian Federation; highlights internal and external factors favouring the development of export production and logistics systems of the Russian and regional grain industries; identifies restrictions for the development of export opportunities for the grain market of Krasnodar Territory. It proposes measures for developing the export potential of the grain market of Krasnodar Territory, to overcome the existing weaknesses in the grain market development in the region. Practical Relevance, Applications. The investment project proposed by the authors for the construction of a new grain terminal in Novorossiysk will allow to comprehensively solve the urgent problem of low efficiency of the port facilities, which limits the development of the export potential of the regional grain market.