DYNAMICS OF CASTOR OIL EXPORTS FROM INDIA AND INSTABILITY ANALYSIS OF CASTOR PRODUCTION IN MAJOR STATES 2841
dc.contributor.advisor | M. G. Dhandhalya | |
dc.contributor.author | GAJAVALLI SAISRI | |
dc.date.accessioned | 2021-07-03T10:55:40Z | |
dc.date.available | 2021-07-03T10:55:40Z | |
dc.date.issued | 2019-05 | |
dc.description.abstract | Presently, India is the top most castor seeds producing country, contributing nearly 87 per cent of the world production, however, its area and production are highly unstable. India exports about three-fourth per cent of its total production of castor oil and its derivatives. India stands at the top position in the list of major castor oil exporting countries. Though, India is a dominant player in the world market, it is just a price taker and not a price setter, due to its poor infrastructure, but it has the capability to improve on the exports of the derivatives of castor and overcome this limitation. Keeping in view of this potentiality, the present study “Dynamics of castor oil exports from India and instability analysis of castor production in major sates” was undertaken with the main objectives to assess the growth dimensions, instability, sources of growth and variability, direction of trade and forecasting of quantum of future castor oil and castor cake exports to major importing countries. The secondary data on area, production and productivity of castor, volume and value of castor oil and castor cake exports from India was collected from 1976-77 to 2017-18 and 2003-04 to 2017-18, respectively from various public sources. The data was analyzed using compound growth rate, coefficient of variation, Cuddy Della Vella index, Hazell’s decomposition analysis and first order Markov chain model. Among different states of India, Rajasthan recorded highest growth rates in area, production and productivity followed by Gujarat and at all India level. Growth rates of castor oil’s export quantity, value and unit value were found highest in Period I (1986-87 to 1995-96) of study. In castor cake export, growth rate of value of castor cake was found highest among growth rates of quantity, value and unit value. The instability of castor area, production and productivity was highest in Rajasthan among different major castor growing states of India. The instability analysis of castor oil and castor cake exports, the value of castor oil found to be highly unstable. Results of decomposition analysis revealed that in case of both castor oil and castor cake among all components, share of mean export quantity contributed the highest in change in variance of export value. Results of TPM revealed that China and japan were the most reliable and loyal market for Indian castor oil during the study period and Netherlands was moderately stable market. In castor cake export, South Korea was found as the most stable market with high probability of retention. Taiwan was found to be moderately stable as indicated by moderate probability of retention. The shares of major importers of Indian castor oil and castor cake were estimated using the transitional probability matrices and the same were compared with the actual export shares obtained from the trade data. It was predicted by using TPM that quantum of castor oil export for China, was expected to increase in ensuring years, while quantity exported to Netherlands, USA, France, Japan, Thailand and other countries were expected to decline from the year 2017-18 onwards. On the other hand for castor cake forecasting reveal that in terms of quantity, castor cake export to all the countries under study would be likely to decline in near future. This study suggest that there is large scope for achieving higher production of castor seeds in India, provided to extend minimum support price for this crop as like other oilseeds. India achieved remarkable growth rate in export of castor oil and it has vast potential for further expansion with value added products as per the need of importing countries. As the world becoming more environmental conscious now a days, these natural derivatives of castor oil could find better market worldwide. | en_US |
dc.identifier.uri | https://krishikosh.egranth.ac.in/handle/1/5810170086 | |
dc.keywords | Castor oil, castor cake, growth rate, instability, decomposition analysis, markov chain, prediction of export | en_US |
dc.language.iso | English | en_US |
dc.pages | 108p | en_US |
dc.publisher | JAU, JUNAGADH | en_US |
dc.sub | Agricultural Economics | en_US |
dc.theme | DYNAMICS OF CASTOR OIL EXPORTS FROM INDIA AND INSTABILITY ANALYSIS OF CASTOR PRODUCTION IN MAJOR STATES 2841 | en_US |
dc.these.type | M.Sc | en_US |
dc.title | DYNAMICS OF CASTOR OIL EXPORTS FROM INDIA AND INSTABILITY ANALYSIS OF CASTOR PRODUCTION IN MAJOR STATES 2841 | en_US |
dc.type | Thesis | en_US |
Files
Original bundle
1 - 1 of 1
No Thumbnail Available
- Name:
- 2841.pdf
- Size:
- 4.23 MB
- Format:
- Adobe Portable Document Format
- Description:
- DYNAMICS OF CASTOR OIL EXPORTS FROM INDIA AND INSTABILITY ANALYSIS OF CASTOR PRODUCTION IN MAJOR STATES 2841
License bundle
1 - 1 of 1
No Thumbnail Available
- Name:
- license.txt
- Size:
- 1.71 KB
- Format:
- Item-specific license agreed upon to submission
- Description: