An economic analysis of export performance of processed vegetables in India

Abstract

Indian processed vegetables in International markets accelerate the growth of Indian economy. Studying the changes in share of processed vegetables to different countries, improve the welfare of farmers, processers and exporters. In this regard, an attempt was made to quantify the changing structure of Indian processed vegetables exports. The main objective of the present study was to analysis the growth and the direction of trade in processed vegetables export. In this regard, secondary data, mainly quantity of processed vegetables exports from India was collected from APEDA, for a period of 1995-96 to 2017-18. Growth rates was estimated by using the exponential growth model and the Markov chain analysis model was computed through linear programming method to assess the transition probabilities for the major Indian processed vegetables export markets using Lingo Programming computer package. Accordingly, processed vegetables export market have positive double digit growth rate, UK retained 22.5 per cent, countries pooled under ‘others category’ retained 32.4 percent of share of Indian processed vegetables export. That the countries pooled under ‘others category’ and UK would be the more stable importers of the processed vegetables from India in future and country like Germany and Netherland was not found as the stable importer.