Analysis of growing and turnover of tobacco in Republic of Serbia

Abstract

Raw tobacco production in the world has a long tradition and is widespread throughout the continents. Due to polymorphism as one of its most prominent traits, tobacco has adapted to all conditions under which it is grown. In addition to natural conditions, the most important of which are soil type and climate, raw tobacco production is also influenced by economic factors, such as the world market price of tobacco, government support and global anti- smoking policies. The aim of this paper is to present and analyze tobacco growing and turnover in Serbia, based on the collected data and information. The importance of the paper is in recognizing the structure and dynamics of production and marketing, as well as their causes, primarily because the production of this species brings significant economic benefits to the state, both through the realization of the products themselves, as well as through the creation of new jobs and income from taxes. The statistical data of the Statistical Office of Republic of Serbia, as well as the research results of the place and role of tobacco production in Republic of Serbia, served as the main source of data in the preparation of this paper. The data was analyzed using mathematical and statistical analysis, while relative dynamics indicators, baseline indices and average growth rates were used to demonstrate the status, changes and potential in tobacco production in Republic of Serbia.