Abstract
The study made an attempt to analyze the seasonal changes and growth performance in the prices of egg across India. The data on prices of eggs were collected for the period from January 2009 to December 2012 from the various sources of poultry associations. The seasonal index analyses were used to substantiate the results. The results revealed that the average egg prices had grown significantly at 28% from 2009 to 2012. This was mainly due to the increased consumption of eggs across India and the feed cost has increased to a large extent. The consumption of egg during winter season is high and this results in high prices in the market. Also, the demand is high on account of Christmas and New Year, and this attributes to the rise in prices in the months of November and December. The lowest price was observed during the month of April, due to slack in demand for egg in all the market centers of India and the reason includes hot climate during months of March, April and May. Key words: Poultry, egg, chicken, broiler, animal husbandry.
Highlights
India is third largest egg production and fifth in chicken meat producer in the world
The results revealed that the average egg prices had grown significantly at 28% from 2009 to 2012
The demand is high on account of Christmas and New Year, and this attributes to the rise in prices in the months of November and December
Summary
India is third largest egg production and fifth in chicken meat producer in the world. India has a population of 1.2 billion and 50% of India's workforce is in agriculture. Agriculture accounts for 17.6% of the country's gross domestic product (GDP) and 60% of the labor force. India is expected to overtake China as the world’s most populous country in the coming decades. Middle-class households are the fastest growing segment of the population. About 20% of the population is vegetarian, but urbanization people prefer to go for non-vegetarian diets
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.