Export of fruits, vegetables and their products from India - A study on growth rate and instability index

Abstract

The study aimed to analyze the growth rate and instability index for export of fruits, vegetables and products of fruits and vegetables from India. The present study based on the secondary data, data were collected from Agricultural and Processed Food Export Development Authority (APEDA). Compound annual growth rate analysis and cuddy della valle instability index were employed for analysis of growth rate and instability index of fruits, vegetables and products of fruits and vegetables from India. Here secondary data for fruits, vegetables and products of fruits and vegetables was collected for the period of 2006-07 to 2021-22. The results reveals that the CAGR for the export of fruits and vegetables in terms of quantity and value showed a positive and significant growth rate for potato (12.59 and 21.56%), watermelon (11.75 and 21.19%), green chilli (9.03 and 20.70%), other fresh vegetables (8.49 and 15.99%), grapes (8.18 and 18.70%), pomegranate (7.91 and 19.15%), oranges (7.30and 17.98%), garlic (7.26 and 17.61%) and other fresh fruits (7.06 and 16.54%), But mango shows negative growth rate of -5.26 per centin terms of quantity and the highest instability index showed for orangesat 75.53 and 74.42, respectively. For products of fruits and vegetables in terms of quantity and value the CAGR for the export of raisins (41.00 and 50.48%), potato (prepared and preserved) (36.85 and 40.64%), other vegetables products (betel leaves and nuts) (15.28 and 23.09%), processed fruits, juices and nuts (10.15 and 18.76%), onion (dried and powdered) (6.71 and 15.06%), processed vegetables (5.41 and 14.04%), fruits and vegetables seeds (4.79 and 16.93%), guar gum (4.73 and 8.32%), mango pulp (3.63 and 2.33%) and cucumber and gherkins (prepared and preserved) (1.03 and 8.71%). But walnuts shows negative and significant growth rate of -9.97 and -7.51per cent and the highest instability index showed for potato (prepared and preserved) and guar gum at 67.98 and 105.79, respectively. This conclude that there had been absolute growth rate due to increased fruits and vegetables production, growing international demand for fruits, vegetables and products of fruits and vegetables, competitive pricing in global market. By this India can continue to expand its presence in global market, boosting economic growth and benefiting farmers and stake holders across the agricultural value chain and reduce risk of export in future days.