Year: 2014 | Month: December | Volume 59 | Issue 4
Export of cashew kernel from India: its direction and prediction
Cashew is one of the most important dollar earning crops of the country. The quantity of export of cashew kernel had registered a growth of 5.71% per annum. This was made possible both due to increased export to countries of import and changes in composition of Indiaâ€™s cashew kernel exports to various destinations. The paper quantifies the changing structure of cashew kernel exports in order to understand the dynamics of changes and the growth rate analysis. The growth rate analysis reveals that, UAE shows the highest growth rate and the countries like USA, Netherland, UK show the negative growth rates. The markov chain model was used to assess the transition probabilities for the major cashew kernel export from India. The result revealed that, the country USA was the highest probability of reduction (0.87) compare to all other countries. The forecasted values for, the countries UAE and â€˜other countriesâ€™ show the increasing trend and the countries like USA, UK, Netherland, Japan and France show the decreasing trend.
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