International Journal of Pure & Applied Bioscience (IJPAB)
Year : 2017, Volume : 5, Issue : 1
First page : (986) Last page : (991)
Article doi: http://dx.doi.org/10.18782/2320-7051.2541
Assessing the Trade Performance of Poultry Products in India - An Application of Markov Chain Analysis
Shilpa Shree, J.*, Serma Saravana Pandian, A., Chandrasekar, G.K., Thangarasu, S. and Vinothini, P.
Madras Veterinary College, TANUVAS, Chennai – 600 007, Tamil Nadu, India
*Corresponding Author E-mail: shilpashreej23@gmail.com
Received: 3.02.2017 | Revised: 12.02.2017 | Accepted: 15.02.2017
ABSTRACT
Poultry is one of the fastest growing segments of the agricultural sector in India today. India is now the world's fifth largest egg producer and the eighteenth largest producer of broilers. In this study, tabular analysis was used to analyse the pattern of export, import and balance of trade of Poultry products in India. From the study, it is observed that between 2004-2007 imports & exports kept edging each other out & after 2007, it started falling down in export and increase in imports. This may be due to rising urban population, expanding middle class, changing lifestyles and also growing penetration of restaurants. The export of poultry meat is increased drastically after 2010. The present study was also undertaken to find out the direction of trade of poultry products using Markov Chain Analysis indicated that India’s previous export to the Afghanistan market was retained to the level of 36 per cent and the remaining 64 per cent was diverted to Germany (10 per cent) and other countries (54 per cent) whereas in case of imports, India’s previous import from the Brazil market was retained to the level of 46 per cent and the remaining 54 per cent was diverted to Netherland. India could not retain its previous import of poultry products to Netherland, Japan and Australia. India lacks access to developed country markets due to their stringent food safety and quality standards. To give a boost to livestock exports, compliance with various SPS measures should be taken up vigorously to ensure international hygiene standards and to harness the untapped potential of exporting to developed countries.
Key words: India, Trade, Poultry Products, Markov Chain
Full Text : PDF; Journal doi : http://dx.doi.org/10.18782
Cite this article: Shilpa, S.J., Pandian, S.S.A., Chandrasekar, G.K., Thangarasu, S. and Vinothini, P., Assessing the Trade Performance of Poultry Products in India - An Application of Markov Chain Analysis, Int. J. Pure App. Biosci.5(1): 986-991 (2017). doi: http://dx.doi.org/10.18782/2320-7051.2541
