Price Behaviour of Selected Onion Markets in Maharashtra
Author: Sirigineedi Vasanthi, D.S. Perke, S.S. More and S.V. Bharati
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Abstract
The research titled "Price Behaviour of Selected Onion Markets in Maharashtra" analyzed growth performance, seasonality, and price volatility in key onion markets from 2011 to 2023. Data from five major APMCs—Lasalgaon, Pune, Satara, Solapur, and Jalgaon—were used. The Compound Annual Growth Rate (CAGR) showed positive growth in all markets, with Solapur recording the highest arrival growth (10.82%) and Satara the lowest (0.56%). Lasalgaon had the highest price growth (0.32%). Seasonal trends indicated peak onion arrivals from December to March, with prices peaking in November and declining by May. Volatility analysis using the Cuddy-Della Valle Index (CDVI) revealed Jalgaon had the highest arrival instability, while Lasalgaon exhibited the highest price volatility, with a CV of 68.395% and CDVI of 66.740%. Overall, price variability was higher than arrival variability across all markets. The study concludes that while onion arrivals show consistent growth, price volatility remains a significant challenge in Maharashtra's key markets, particularly in Lasalgaon
Keywords
Market, CAGR, Onion, Price volatility, seasonality
Conclusion
The Compound Annual growth rate of onion prices and arrivals revealed that all the selected markets had shown positive growth. Arrivals of onion in selected markets were high during (December to March) and the lowest arrivals generally in September or October. Prices of selected onion markets started increasing in June, reaching a peak in November and dropping in April or May. Prices of all the markets had shown highly volatile which is CDVI above 30% in which the Lasalgaon market exhibited the highest volatility
References
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How to cite this article
Sirigineedi Vasanthi, D.S. Perke, S.S. More and S.V. Bharati (2024). Price Behaviour of Selected Onion Markets in Maharashtra. Biological Forum – An International Journal, 16(9): 148-155