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During the first decade of 21st century, Polish food industry has developed very dynamically. Owing to this fact, its importance within the European Community has increased. Poland has become the sixth producer of food, with the participation of 7.4% of the EU market. However, together with the development, proceeding integration and globalization, the new opportunities but also threats have appeared. In the paper, the strengths and weaknesses of food industry which may be suitable in creating a strategy for its development have been indicated.
Subject and purpose of work: The main purpose of the article is to research the state of grainproduct subcomplex of the agro-industrial complex and identify the main trends in its functioning as a prerequisite for the implementation of the external economic potential of Ukraine. Materials and methods: The research used methodical tools for analysis, construction of econometric models, as well as open information sources of the State Statistics Service of Ukraine. Results: A set of factors (independent variables) were determined and the existence of theoretically their relationship with the production profitability of cereals and legumes (dependent variable) was substantiated. The regression equations for the investigated factors dependence were formed. The reliability of the econometric model was proved using Fisher's criterion and Student's t-criterion test. Conclusions: To increase the external economic potential of the grain-product subcomplex of the agroindustrial complex, it is advisable to focus on building rational mechanisms for managing the identified determinants of efficiency ensuring of the latter.
The accession of Poland to the EU accelerated the dynamics of growth of food industry production, improved the economic condition of enterprises as well as resulted in the increase of the investment activity. It was a widespread phenomena, which appeared in most segments of food production. The economic boom in the food industry was caused by a rapidly growing of export, the growth of domestic demand which was caused by acceleration of the economic development, as well as by a significant industrialization progress of processing of agricultural products. The food industry has strengthened its competitive position on the Common European Market, not only in terms of prices, but also in terms of quality and competence of activity.
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