A systematic approach to exploring the role of primary sector in the development of Estonian bioeconomy
Estonian University of Life Sciences, Institute of Economics and Social Sciences, F.R. Kreutzwaldi 1a, EE51006 Tartu, Estonia
*Correspondence: mati.motte@emu.ee
Abstract:
The aim of this paper is to provide a systematic overview of biomass production and the use of biomass for the production of key products, as well as to map businesses operating in the field of bioeconomy in Estonia. The importance of primary sector in Estonian economy has decreased over the last decade. At the same time, the competitiveness of primary sector has increased, which will, in the future, contribute towards a stable production of biomass. Therefore, bioeconomy and respective business models are some of the key ways of coping with climate change. Innovative ways to transform the use of natural resources in a conscious manner are being mapped in Estonia as well as in other member states of the European Union. Comprehending the current use of biomass is essential for finding new sustainable management solutions. Acknowledging these aspects, the study explores biomass production in Estonia. One of the aspects observed during the period 2014–2017 is the proportion of the primary sector in total gross value added and the use of biomass in the food and feed industry. The results of the paper are presented in the form of Sankey diagrams, which illustrate noteworthy connections.
Key words:
bioeconomy, biomass production, innovation, primary sector, regional development