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Actual and projected exports of Indian turmeric to major importing countries (in tonnes)

Actual and projected exports of Indian turmeric to major importing countries (in tonnes)

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India is a major supplier of turmeric to the world with more than 60 per cent share in turmeric trade. The production and export performance of turmeric in India have been examined using secondary data for the period from 1974-75 to 2007-08 and exponential form of growth function has been used for the analysis. The growth in production and export o...

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... projection of the Indian turmeric export to different countries was computed using the transitional probability matrix and the results of actual and projected exports of Indian turmeric have been presented in Table 6. The market share projections of turmeric exports to different countries have been computed up to 2020. ...

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India is the monopoly supplier of turmeric to the world, which contributes more than 90 per cent of the turmeric trade. The production and export performance of turmeric in India were examined using secondary data for the period from 1983-84 to 1997-98 and exponential form of growth function was used for the analysis. The growth in export of turmer...

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... In Vedas, as early as 6000 BC, scruples evidences are available regarding various spices, their properties and utility. Among the commodities that were traded during that period, spices occupied a major portion due to their superior quality and diversity which attracted foreigners to India (Angles et al., 2011). Turmeric is also called as Golden Spice -is widely cultivated in different countries such as India, China, Myanmar, Nigeria, Bangladesh, Pakistan, Sri Lanka, Taiwan, Burma, Indonesia, etc., Among these countries, India occupies first position in both area (295 thousand hectares) and production (1102 thousand tonnes) of turmeric during 2020-21 (Anonymous, 2021). ...
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... In Vedas, as early as 6000 BC, scruples evidences are available regarding various spices, their properties and utility. Among the commodities that were traded during that period, spices occupied a major portion due to their superior quality and diversity which attracted foreigners to India (Angles et al., 2011). Turmeric is also called as Golden Spice -is widely cultivated in different countries such as India, China, Myanmar, Nigeria, Bangladesh, Pakistan, Sri Lanka, Taiwan, Burma, Indonesia, etc., Among these countries, India occupies first position in both area (295 thousand hectares) and production (1102 thousand tonnes) of turmeric during 2020-21 (Anonymous, 2021). ...
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... It is also known as golden spice or spice of life belongs to the family Zingiberaceae. Turmeric is the second most important spices crop after chilli in India and it accounts for 78% in world production and 60% in world export (Angles et al. 2011). The major turmeric producing states in India are Andhra Pradesh, Orissa, Tamil Nadu, Assam, Gujarat and Maharashtra (Patel et al., 2012). ...
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India is the leading groundnut exporter to world market. Direction of trade has changed over the period. Sphere of groundnut export has narrowed down from European nations during 1995-96 to Asian markets during 2014-15, with lost shares in UK, Netherland, Egypt, USA and Russia to Vietnam, Thailand, Pakistan, China, Ukraine and UAE. Indonesia was identified as highest loyal market followed by Malaysia. To identify the factors influencing groundnut export, Cointegration and Vector Error Correction Model were used. Export was found to increase significantly with export price and exchange rate and decrease significantly with increase in domestic price and increase in population. Speed of adjustment indicates the adjustment to the long-run equilibrium from short run shocks. Result highlights to target European market, the largest importer of groundnut in world.
... When the value of the coefficient is lower, the greater is the number of export markets and vice versa. Changes in the direction of trade: Markov chain analysis, as used in Angles et al (2011), Ganeshkumar et al (2016) and Vivek et al (2019) was used to analyze the changes in the direction of trade. Estimation of a transitional probability matrix P is the major part of Markov chain analysis. ...