Journal ID : AMA-20-03-2022-11227
[This article belongs to Volume - 53, Issue - 04]
Total View : 371

Title : Export Performance of Seed Spices in India

Abstract :

For analyzing the export performance of the seed spices in India, the current study was conducted from 1998-99 to 2017-18. The entire period was divided into two sub-periods viz. Period I (1998-99 to 2007-08), Period II (2008-09 to 2017-18). Four major seed spices mainly coriander, cumin, fennel, and fenugreek were considered for the analysis. For this, analytical tool Markov Chain Analysis was used. The development of transitional probability matrix is central process in this analysis. The Markov Chain Analysis displayed that Malaysia was a loyal importer in most of the seed spices except fenugreek. Whereas, Other countries though import in fewer quantities, there was high stability. Attempts should be made to reach the potential production capacity of the seed spices for enhancing trade. Countries like Malaysia, UK, UAE, and the USA need to be given prominence whereas efforts are also desirable to recognize key markets.

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