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Journal code(s)
- E-ISSN Number: 2277-7695
- P-ISSN Number: 2349-8242
- CODEN Code: PIHNBQ
- ZDB-Number: 2663038-2
- IC Journal ID: 7725
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Vol. 12, Special Issue 12 (2023)
Price behaviour of selected non-timber forest products in Kerala
Author(s):
Jerin VA, T Paul Lazarus, Gopakumar S, Durga AR, Nishan MA and Pratheesh P Gopinath
Jerin VA, T Paul Lazarus, Gopakumar S, Durga AR, Nishan MA and Pratheesh P Gopinath
Abstract:
This article delves into an in-depth exploration of the pricing dynamics surrounding specific Non-Timber Forest Products (NTFPs) within the region of Kerala. A substantial quantity of 39.24 lakh kilograms of NTFPs yielded an impressive annual revenue of ₹ 3.33 crores. Within this NTFP collection, a notable contribution of ₹ 63.57 lakh per year originated from honey, while the primary volume of production centered around Sida cordifolia, boasting an annual yield of 2.43 lakh kilograms. Employing the technique of multiple linear regression, the study pinpointed key determinants influencing the earnings derived from NTFP collection. The findings underscored that the annual income from agricultural pursuits, the number of man-days dedicated to agricultural activities, and the engagement in other income-generating ventures significantly impacted the revenue generated from NTFP collection.
This article delves into an in-depth exploration of the pricing dynamics surrounding specific Non-Timber Forest Products (NTFPs) within the region of Kerala. A substantial quantity of 39.24 lakh kilograms of NTFPs yielded an impressive annual revenue of ₹ 3.33 crores. Within this NTFP collection, a notable contribution of ₹ 63.57 lakh per year originated from honey, while the primary volume of production centered around Sida cordifolia, boasting an annual yield of 2.43 lakh kilograms. Employing the technique of multiple linear regression, the study pinpointed key determinants influencing the earnings derived from NTFP collection. The findings underscored that the annual income from agricultural pursuits, the number of man-days dedicated to agricultural activities, and the engagement in other income-generating ventures significantly impacted the revenue generated from NTFP collection.
Taking a broader perspective, the analysis also incorporated Compound Annual Growth Rate (CAGR) evaluation to dissect the price trends of NTFPs in Kerala spanning from 2000-01 to 2019-20. The outcomes unveiled a consistent downward trajectory of NTFP collection, experiencing an annual decline of approximately -11.6 percent over the designated period. In stark contrast, the revenue stemming from NTFP sales showcased an opposing trend, with an annual upswing of 4.55 percent within the same timeframe. This juxtaposition signifies an escalation in NTFP prices from 2000-01 to 2019-20, portraying a dynamic shift in the market landscape.
Pages: 1819-1827 | 174 Views 120 Downloads
How to cite this article:
Jerin VA, T Paul Lazarus, Gopakumar S, Durga AR, Nishan MA and Pratheesh P Gopinath. Price behaviour of selected non-timber forest products in Kerala. The Pharma Innovation Journal. 2023; 12(12S): 1819-1827.
Journal code(s)
- E-ISSN Number: 2277-7695
- P-ISSN Number: 2349-8242
- CODEN Code: PIHNBQ
- ZDB-Number: 2663038-2
- IC Journal ID: 7725
Main Menu
Special Issue
Copyright Form
Identifier
The Pharma Innovation Journal
