Instablity in Export of Skimmed Milk Powder in India
M.S. Jadhav
Indian Journal of Agricultural Marketing, 2022, vol. 36, issue 3
Abstract:
World milk production is projected to increase at an average of 1.8% during the next 10 years compared to 2.3% average annual growth experienced in the past decade. The world milk production is projected to increase by 164 million tons, out of which 74% of additional milk production is expected to come from developing countries out of which India alone accounts for 29% of global gains. This study is based on the fallowing objectives like To ascertain the growth in export of selected dairy products from India and measure instability in export of selected dairy products and the direction of trade of selected dairy products exports from India with the help of secondary data. The time series data related to export of dairy products were collected from various website of related institutions like Agricultural and Processed Food Products Export Development Authority (APEDA) (http://apeda.gov.in), Department of Commerce, GOI (http://commerce-app.gov.in), etc. Simple tabular technique was used to compile the data and following statistical tools were employed for analysis of data to meet the objectives of the study. Milk production in India has significantly risen by 5.81 per cent per annum during the last decade i.e., from 2009-10 to 2020 Similarly, per capita milk production has also significantly increased by 4.17 per cent per annum during the same period. Further, they reported very low instability index indicating very less volatility. India exported dairy products worth of Rs 2423 crore during the year 2020 in which milk powder (26.70%), Other dairy products viz., milk, whey and butter milk played a very nominal role in export. Milk powder emerged as the second largest contributor in export of dairy products from India but has not reported significant growth during last decade.Bangladesh emerged as the largest export destination for Indian milk powder accounting for 39.98 % share followed by Malaysia (13.56%) and UAE (13.42%). Overall dairy product export has not shown significant growth in quantity as well as value term during last decade but overall price has significantly increased by 8.56% per annum.
Keywords: Dairy; Production/Industries (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ags:injagm:399858
DOI: 10.22004/ag.econ.399858
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