PRODUCTION AND EXPORT OF TURMERIC IN SOUTH INDIA - AN ECONOMIC ANALYSIS
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Date
2004-01-22
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University of Agricultural Sciences GKVK, Bangalore
Abstract
PRODUCTION AND EXPORT OF TURMERIC IN SOUTH INDIA
- AN ECONOMIC ANALYSIS
2001
S,ANGLES Dr.S.RHOSAMANI
MAJOR ADVISOR
ABSTRACT
The growth and instability of turmeric were exBmined in terms of
area, production and productivity in important states of south India. The
price trend of turmeric in important markets of south India, also the export
performance and direction of trade of turmeric were analysed. The
secondary data was used for the study. The exponential growth function,
decomposition analysis, correlation and regression techniques and Markov
chain analyses were used.
The results revealed that all the stales registered significant growth in
area, production and productivity, except in the case of area in Tamil Nadu
and Kerala, production in Tamil Nadu and productivity in Kamataloa. There
was a high instability in production of turmeric in Andhra Pradesh and
Tamil Nadu, moderately in Kamataka and there was high stability in Kerala.
The introduction of improved technologies and high yielding varieties etc.
were the important reasons.
In the case of wholesale prices, there was an increasing trend in all the
markets, which was the highest in duggirala followed by cochin markets.
The price integration showed that almost all markets were highly integrated.
The growth in export of turmeric were significant in total quantity,
total value and unit value of turmeric, because of the high demand coupM
with inflation. The results of Markov chain analysis showed that pervious
export share retention for Indian turmeric was high in UK (42.99 per cent)
and countries pooled under the others category (58.77per cent). The
countries such as USA, Iran, Japan and UAE were not stable importers of
Indian turmeric.
Based on the findings of the present study it could be concluded that
the productivity of turmeric should be stepped up through appropriate yield
raising measures. To attain the stability of turmeric production the variables
have to be controlled through ap^rc^riate corrective measures. The
wholesale prices of turmeric were highly integrated in all the markets but
fluctuation was higher. The trends in whole sak prices were increasing in all
the markets, so for preventing the fluctuations, a nation wide web has to be
created. Appropriate export promotion strategies have to be evolved to
diversify the geographical concentration. These promotion strategies were
essential to maintain our monopoly position in the world.
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