International Journal of Pure & Applied Bioscience (IJPAB)
Year : 2017, Volume : 5, Issue : 5
First page : (533) Last page : (537)
Article doi: http://dx.doi.org/10.18782/2320-7051.2736
Changing Direction of Trade of Hides and Skin in India - An Application of Markov Chain Analysis
Shilpa Shree, J.1*, Serma Saravana Pandian, A1., Kiran, M.2, Mohankumar, S.2 and Veena, N.3
1Dept. of Animal Husbandry Economics, Madras Veterinary College, Chennai-7
2Dept. of Vety & Animal Extension Education, Veterinary College, Bangalore-24
3Dept. of Animal Nutrition, Veterinary College, Bangalore-24
*Corresponding Author E-mail: shilpashreej23@gmail.com
Received: 22.03.2017 | Revised: 30.04.2017 | Accepted: 7.05.2017
ABSTRACT
Hides and skin constitute valuable material removed from the animal carcass. It is estimated that bovine hides represent 12% of the value of animal. Generally the hide is 17% of the carcass weight and 7% of live weight. The present study was undertaken to analyse the pattern of export, import and balance of trade of hides and skin in India by tabular analysis. India’s export of hides and skin has been growing during last five years and considering such increasing trend and the opportunities and potential for furtherance of export from India in the coming years, the future requirement of raw-materials is expected to increase substantially. The study was also undertaken to find out the direction of trade of hides and skin from 2007-08 to 2012-13 using Markov Chain Analysis. From the transition probability matrix for India exports of hide and skin was indicated that India’s previous Hides and skin export to the Bangladesh market followed by China and Italy. India could not retain its previous export of hides and skin to China, Italy and United States during the study period. India’s previous Hides and skin export to the other countries market was retained to the level of 15 per cent during the current period. From the transition probability matrix indicated that India could not retain its previous import of hides and skin from New Zealand and other countries during the study period. India’s previous hides and skin import from the China market was retained to the level of 20 per cent during the current period. The remaining 80 per cent was diverted to other countries alone. The entire share of other countries was directed to Saudi Arab (36 per cent), followed by China (29 per cent), New Zealand (26 per cent) and Spain (9 per cent). However, other countries gained higher probability from New Zealand import market (1.00), followed by china import market (80 per cent) and Spain import market (54 per cent). Development of awareness, mindset and commitment on improving the quality finished products is necessary. Production of quality hides and skin is attached with the quality of animal slaughtered particularly complete bleeding and de-hiding or de-skinning process. The enforcement of the Slaughterhouse and Meat Inspection Act 2055 as early as possible is one of the major way-out to improve the quality of meat and hides and skin both.
Keywords: India, Trade, hides and skin, Markov Chain
Full Text : PDF; Journal doi : http://dx.doi.org/10.18782
Cite this article: Shilpa Shree, J., Pandian, S.S.A., Kiran, M., Mohankumar, S. and Veena, N. Changing Direction of Trade of Hides and Skin in India - An Application of Markov Chain Analysis, Int. J. Pure App. Biosci.5(5): 533-537 (2017). doi: http://dx.doi.org/10.18782/2320-7051.2736
