Growth performance and trade direction of Indian fish products Gunabhagya*, Preethika D.T., Joshi Amrutha T., Lokesh G.B. Department of Agricultural Economics, University of Agricultural Sciences, Raichur, Karnataka, India *Address for correspondence Gunabhagya: Department of Agricultural Economics University of Agricultural Sciences Raichur Karnataka, India E-mail: guna811@gmail.com
Online published on 28 April, 2016. Abstract The present study analyses the growth performance of production and export of fish products and its trade direction. The results of the study revealed that fish production of India has registered a annual growth rate of 3.8 per cent. Among the major fish producing states, Chhattisgarh has witnessed highest compound growth rate of 15 per cent per annum. The vast production base offers India has tremendous opportunities for enhancing surplus exportable quality fish products. During 2014, India exported about 983.756 million tonnes of fish products to South East Asian countries. Frozen shrimp is the major export value item accounting to the value of 19368.3 crore rupees. It can be observed that among the fish products, dried fish has registered a highest growth rate of 21 and 26 per cent per annum in terms of quantity and value respectively. It can be further noticed that South East Asia has been the most stable market among the major importers of Indian fish products as reflected by the higher probability of retention of 0.85 whereas Japan has shown the least retention probability of 0.36 which has only retained 36 per cent of its share in export. Top Keywords Indian fisheries, growth rate, trade direction export performance and markov chain. Top |