WHOLESALE MARKETS AS SUPPLY CHANNELS FOR GREEN MARKETS AND THEIR IMPACT ON RURAL DEVELOPMENT IN SERBIA

Authors

  • Nedeljko Prdić JKP Tržnica, Novi Sad, Serbia https://orcid.org/0000-0003-3199-1188
  • Tamara Gajić Geographical Institute “Jovan Cvijić”, Serbian Academy of Sciences and Arts, Belgrade, Republic of Serbia; Swiss School of Business and Management, Genève, Switzerland; Institute of Environmental Engineering, Peoples’ Friendship University of Russia, RUDN University, Moscow, Russia https://orcid.org/0000-0003-3016-8368
  • Saša Stepanov University of Economics Academy, Novi Sad, Faculty of Applied Management, Economics and Finance (MEF), Belgrade, Belgrade, Serbia. Center for Research, Science, Education and Mediation, CINEP Belgrade https://orcid.org/0009-0002-6093-8589

DOI:

https://doi.org/10.59267/ekoPolj250163P

Keywords:

wholesale markets, green markets supply chain, rural development, innovation, vendor performance, consumer satisfaction, digital transformation, agricultural innovations

Abstract

The wholesale market is a key supply channel for green markets, linking producers and consumers locally and globally. This study explores challenges and opportunities for vendors, emphasizing wholesale markets’ role in improving supply chain efficiency. Through in-depth interviews with vendors at Kvantaška Pijaca in Novi Sad and local green market sellers, a mixed-methods approach was used to assess economic and communication effects. Findings show strong alignment between vendor operations and consumer needs, highlighting wholesale markets’ potential to enhance rural development through better market access and innovative distribution. The study contributes to literature on sustainable agriculture and offers practical recommendations to improve vendor performance and customer satisfaction. It provides a strategic framework for policymakers to support rural and agricultural development in Serbia.

Downloads

References

Biot, N., Hecquet, C., Maréchal, K., Lobet, G., & Dendoncker, N. (2024). The importance of distribution channels and food supply chain challenges on the viability of market gardening farms: Insights from market gardeners in Belgium at a territorial level. HAL Archives Ouvertes. Retrieved from https://hal.science/ hal-04594127

Boiko, V., Kwilinski, A., Misiuk, M., & Boiko, L. (2019). Competitive advantages of wholesale markets of agricultural products as a type of entrepreneurial activity: The experience of Ukraine and Poland. Economic Annals-XXI, 175(1-2), 68–72. https://doi.org/10.21003/ea.V175-12

Cvijanović, D., Ignjatijević, S., Tankosić, V J., Cvijanović, V. (2020). Do Local Food Products Contribute to Sustainable Economic, Sustainability, 12 (7), 2847; https://doi.org/10.3390/su12072847

Čavlin, M. (2022). Modern approach and settings of the concept of comprehensive business

Economist, 1(1), EKONOMIST1.1.3 29–42. https://doi.org/10.46793/

Gajić, T., Đoković, F., Vukolić, D., & Bugarčić, J. (2024). The role of zero waste principle in enhancing economic development in the hotel business. Economist, 1(3), 23–45. https://doi.org/10.46793/EKONOMIST3.1.2G

Gajić, T., Bugarčić, J., & Cvijanović, D. (2024). Balancing act: Gastrotourism as a catalyst for urbanization and the imperative for green investments in the Republic of Serbia. Tourism International Scientific Conference Vrnjačka Banja - TISC, 8(1), 460–470. https://doi.org/10.52370/TISC24460TG

Gazdić, D., & Nađ, D. (2022). Supply chain analysis in agribusiness to improve competitiveness. Economist, 2(1), 35–46. https://doi.org/10.46793/Ekonomist1.2.4

Durkalić, D., Furtula, S., Borisavljević, K. (2019), Ranking tourism market perfomance in EMU countries: results of PROMETHEE - GAIA approach, Hotel and Tourism Management, 7(2), 67-76, doi: 10.5937/menhottur1902067D

Hoang, T., Bell, J., Hiep, P. H., & Autry, C. W. (2024). The sustainable development of rural-to-urban food supply chains in developing nations. The International Journal of Logistics Management, 35(1), 158–186. https://doi.org/10.1108/IJLM -02-2022-0072

Inayah, S., Sensuse, D., & Lusa, S. (2024). Analysis of factors that influence the acceptance of using online retail applications: A case study of XYZ wholesale and retail stores. Journal SIOSFOKOM, 13(1), 145–153. https://doi.org/10.32736/ sisfokom.v13il.2051

Jeločnik, M., Subić, J., & Zdravković, A. (2022). Economic effects of investment in irrigation at the small family farms. Economics of Agriculture, 68(3), 793–817. https://doi.org/10.5937/ekoPolj2203793J

Kłoczko-Gajewska, A., Malak-Rawlikowska, A., Majewski, E., Wilkinson, A., Gorton, M., Tocco, B., ... & Veneziani, M. (2024). What are the economic impacts of short food supply chains? A local multiplier effect (LM3) evaluation. European Urban and Regional Studies, 31(3), 281–301. https://doi.org/10.1177/09697764231201572

Kostić, S. (2022). Research of the influence of social media marketing on consumer brand loyalty in the Republic of Serbia. Economist, 1(1), 55–64. https://doi. org/10.46793/EKONOMIST1.1.5

Kotler, P., & Li, N. (2008). Marketing in the Public Sector. Mate, Belgrade. 15. Kociszewski, K., Krupowicz, J., Graczyk, A., Sobocińska, M., & MazurekŁopacińska, K. (2024). The supply-side of the organic food market in the light of relations between farmers and distributors. Ekonomia i Środowisko, 88(8). http:// dx.doi.org/10.34659/eis.2024.88.1.698

Kuzman, B., & Prdić, N. (2018). Strategic significance of wholesale markets in agricultural products sale. Sustainable Agriculture and Rural Development in Terms of the Republic of Serbia Strategic Goals Realization within the Danube Region, 87–104. Institute of Agricultural Economics. https://www.iep.bg.ac.rs/sr/ naucni-skupovi/iep-konferencija/iep-2018

Kuzman, B., & Prdić, N. (2020). Specialized market institutions in the function of agriculture development. Economics of Agriculture, Sustainable Agriculture and Rural Development in Terms of the Republic of Serbia Strategic Goals Realization within the Danube Region, 131–146. Available online: https://www. academia.edu/96181493/Specialized_Market_Institutions_in_the_Function_of_ Agriculture_Development

Kuzman, B., Prdić, N., & Dobraš, Z. (2017). The importance of wholesale markets for trade in agricultural products. Ekonomika Poljoprivrede, 64(3), 1177–1190. https://doi.org/10.5937/ekoPolj1703177K

Marciniak, L. (2020). The social organization of merchants’ activities: An interactionist study of urban marketplaces. Qualitative Sociology Review, 16, 106 121. https://doi.org/10.18778/1733-8077.16.4.07

Marín, J., Garnatje, T., & Vallès, J. (2024). Agro-food supply chains in peri-urban agricultural areas: Do they contribute to preserving local biodiversity? The case of Baix Llobregat Agrarian Park. Sustainability, 16(7), 2882. https://doi.org/10.3390/ su16072882

Mihajlović, M., & Savić, A. (2022). The role of the budget in financing the defense system of the Republic of Serbia. Economist, 1(1), 16–28. https://doi.org/10.46793/ EKONOMIST1.1.2

Milojević, I., & Mihajlović, M. (2020). Accounting treatment of state benefits and state aid disclosure. Culture of Polis, 42, 919–630. https://kpolisa.com/index.php/ kp/article/view/198

Miletić, V., Grubor, A., & Ćurčić, N. (2022). Post-sales services—a significant performance of organizations’ competitive advantage. Ekonomika, 43–53. https:// doi.org/10.5937/ekonomika2202043M

Omar, N. R. N., Ahmad, A. A., Yusoff, M. M., & Ahmad, M. A. (n.d.). From Farm to Table concept: The profile and dynamics of urban farming on agrofood supply chain in Malaysia. Available online: http://www.jfas.info

Ostojić, A., Drinić, LJ., Mirjanić, S., Vaško, Ž., Rokvić, G., Mrdalj, V., & Figurek, A. (2013). Turnover of agricultural products on green and livestock markets in the Republic of Srpska. Agroznanje, 14(4), 523–533.

Pantović, D., Cvijanović, D., Cvijanović, G., Šobić, Lj. (2023). Tradition and culture as the base for the tourism product: case of UNESCO intangible heritage, Facta universitatis, Series: Economics and Organization. 20(2). 103 – 116, [M52=1,25], doi: https://doi.org/10.22190/FUEO230130007P

Petrović, M. D., Ledesma, E., Morales, A., Radovanović, M. M., & Denda, S. (2021). The analysis of local marketplace business on the selected urban case—problems and perspectives. Sustainability, 13, 3446. https://doi.org/10.3390/su13063446

Prdić, N. (2016). Competitive advantage of the wholesale market as a distribution channel. Agroeconomica, 45(72), 51–63. http://dx.doi.org/10.5937/ ekoPolj1703177K

Prdić, N., & Barjaktarević, M. (2019). Economic efficiency of trade on wholesale markets. Sustainable Agriculture and Rural Development in Terms of the Republic of Serbia Strategic Goals Realization within the Danube Region, 589–604. Institute of Agricultural Economics. Available online: Economic efficiency of trade on wholesale markets

Prdić, N., & Prdić, I. (2022). Mobile devices in the function of the sales at the marketplace. Economist, 1(1), 7–15. https://doi.org/10.46793/EKONOMIST1.1.1

Prdić, N. (2022). Digitization and fiscalization of marketplaces in the Republic of Serbia. Economist, 2(1), 1–12. https://doi.org/10.46793/EKONOMIST1.2.1

Prdić, N., & Prdić, I. (2022). Benchmarking analysis of marketplace operations in the Republic of Serbia. Economist, 2(1), 47–56. https://doi.org/10.46793/ EKONOMIST1.2.5

Prdić, N. (2023). Organized events in marketplace promotion. Economist, 1(2), 25–34. https://doi.org/10.46793/EKONOMIST2.1.3

Reardon, T., Liverpool‐Tasie, L. S. O., Belton, B., Dolislager, M., Minten, B., Popkin, B., & Vos, R. (2024). African domestic supply booms in value chains of fruits, vegetables, and animal products fueled by spontaneous clusters of SMEs. Applied Economic Perspectives and Policy, 46(2), 390–413. http://dx.doi. org/10.1002/aepp.13436

Rosa, A., Iisnawati, I., & Daud, I. (2018). Key factors analysis of e-commerce and marketplace purchasing decisions in Palembang. Sriwijaya International Journal of Dynamic Economics and Business, 2(4), 347–364. https://doi.org/10.9259/ sijdeb.v2i4.347-364

Rustom, G., Hwa Seok, H., & Dong Hyun, S. (2020). A comparative study of agricultural products wholesale markets in the Philippines and South Korea for future development planning. Journal of International Development Cooperation, 15(2), 113–139. https://doi.org/10.34225/jidc.2020.15.2.113

Sekulić, D., Sekulić, M. N., & Dašić, G. (2023). The importance of the European Green Plan for consumers in the Western Balkans. Ecologica, 30(112), 625–631. https://doi.org/10.18485/ecologica.2023.30.112.16

Vlahović, B. (2013). Market of Agricultural Products. University of Novi Sad, Faculty of Agriculture.

Food and Agriculture Organization of the United Nations. (2018). FAO’s work on agricultural innovation: Sowing the seeds of transformation to achieve the SDGs. Rome, Italy. Available online: The State of Food and Agriculture 2018 | Agrifood Economics | Food and Agriculture Organization of the United Nations

Wang, S. (2024). Study on the supply chain channels of agricultural products in Guangzhou for building the Guangdong-Hong Kong-Macao Greater Bay Area under the rural revitalization strategy. Agricultural & Forestry Economics and Management, 7(1), 22–27. http://dx.doi.org/10.23977/agrfem.2024.070104

World Union of Wholesale Markets WUWM. (2022). Annual Report 2021. https:// wuwm.org/wp-content/uploads/2022/01/220127_ANNUAL-REPORT_2021.pdf

Downloads

Published

2025-03-27

How to Cite

Prdić, N. ., Gajić, T., & Stepanov, S. . (2025). WHOLESALE MARKETS AS SUPPLY CHANNELS FOR GREEN MARKETS AND THEIR IMPACT ON RURAL DEVELOPMENT IN SERBIA. Ekonomika Poljoprivrede, 72(1), 63–87. https://doi.org/10.59267/ekoPolj250163P

Issue

Section

Original scientific papers
Crossref
0
Scopus
0

Most read articles by the same author(s)

1 2 3 > >>