2023, Vol. 8, Issue 5, Part B

The purpose of this study was to examine the trend and forecast the future values of onion arrivals and prices in main market (C Camp) at Kurnool district of Andhra Pradesh. Data on daily arrivals and prices of onion was collected for four years seven months (January 2019 to August 2023) from the C-Camp market committee. The trend of onion was fluctuating in case of both arrivals and prices. ARIMA, ANN and Two stage models were used to forecast for next six days. The best fit models were ARIMA (4, 1, 1) model for forecasting onion arrivals whereas ARIMA-ANN (15,4) model for forecasting onion prices at C Camp market. Diebold-Mariano (dm) test was used to compare the models and to choose significant model. Onion arrivals had increasing trend over the next 6 days while the forecasted price was showing decreasing trend. This study will be helpful to farmers and to know the future trend pattern of arrivals and prices regarding onion.