Year: 2022 | Month: March | Volume 9 | Issue 1
Dynamics of Prices and Arrivals of Major Vegetables: A Case of North Indian Markets
Niyati Thakur
Shilpa
Ajit Sharma
Sandeep Kumari
Ravinder Sharma
DOI:10.30954/2394-8159.01.2022.5
Abstract:
The present study aimed to analyse the market arrivals and wholesale prices of significant vegetables in North Indian markets. The monthly data on market arrivals and wholesale prices were collected from 2001-2020. Karl Pearson correlation coefficient and CAGR were used in the study. The analysis revealed that the variation for selected crops differed through the markets and the months. The price variation was highest for potato in Delhi market during December (338%), followed by cabbage (121.47%) in the same market and month and then onion (114.74%) in Chandigarh market during July. On the contrary, the variation for arrivals was maximum in the case of onion (302.7%) in Dehradun market during December month, followed by potato (152.58%) and cabbage (121.5%) in Shimla market in May, and then tomato (129.92%) in Dehradun market in August month. However, there exists a normal price-demand relationship in selected markets; yet, the study confirmed the cases positive and significant relationship between arrivals and prices across different years attributed to off-season supplies of the crop, cold storage facilities, import, and availability of poly house technology, etc. Additionally, the compound growth rates for arrivals and prices in different markets were significant and positive during the study period. Hence, there is a need for market information dissemination, storage structures, and regular monitoring of market arrival and pricing, which can all help reduce fluctuation in market arrival and prices and safeguard farmers and consumers.
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