Instability in Agricultural and Processed Food Products Exports of Punjab

Published by: Admin

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Authors: Meenu and Taniya

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Abstract

The study devoted to the export instability of Punjab’s agricultural and processed food products and its sources for the period 2007-08 to 2020-21 using Cuddy Della Valle Index for estimating export instability and step wise regression for identifying sources of export instability by considering major twenty three categories mentioned in Agricultural and Processed Food Products Export Development Authority (APEDA) . Results confirmed that all the categories of Punjab’s agricultural and processed food products exports except cereal preparation are found to be highly volatile during entire study period whereas in recent five years cereal preparation and basmati rice recorded low instability. Concentration of top four categories and instability indices of other fresh vegetables comes out to be two main sources of instability. Thus, it is suggested that necessary steps should be taken to reduce export instability by adding more products to export basket of Punjab’s agricultural and processed food products. The other fresh vegetables should be targeted first by providing incentives to farmers for enhancing quality and variety, which further help exporters to find out new markets to reduce variations in export values to mitigate instability in long term.

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