engleski

Cost structure in production of mill products in the Republic of Croatia

Interdependence of wheat and mill products price is one of the main factors of mill industry business success of the Republic of Croatia. Significante is shown in representation of wheat price (as main mill raw material) in mill product price. Price share of the main raw material was 72,4 per cent (fco mill) for the analysed period whereas mill expenditures were 27,6% for the same period. The relation varied firstly to mill products disadvantage and then to their advantage. So price parity was 1:1,58 in 1976 then it was only 1:1,16 in 1982. Since that year it has constantly increased (for grinding benefit). Thus it was 1:1,97 in 1996. Firstly, it was result of free price formation of some meal types. Processed wheat amount ranged between 450 and 510 thousand tons with negative change rate of –0,15 per cent annually.. Correlation of analysed factors (whaet and mill products prices)was confirmed by determination coefficient of 0,6 and Pearsons’s coefficient of 0,779. It means that meal price of 77, 9per cent was explained by wheat price as the main raw material of mill industry.

Cost structure in production of mill products in the Republic of Croatia

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