2024, Vol. 9, Issue 1, Part B
Time-series analysis of seasonality in arrivals and prices of tender coconut in Maddur market of Karnataka
Author(s): Prathima CM, DM Gowda, Mohan Kumar TL and Mahin Sharif
Abstract: India ranks first in the production and productivity of coconut and ranks third in the area under coconut. Karnataka stands third in production of coconuts and Maddur is one of the world's largest tender coconut hubs. In the present study, an analysis of seasonality in market arrivals and prices was carried out by finding seasonal indices using the Ratio-to-Moving Average method for the monthly arrivals and price data of tender coconut in the Maddur market during the period from April 1997 to March 2018. The results of seasonal indices indicated the existence of strong seasonality and a high level of inconsistency in the arrivals of tender coconut in the Maddur market. The result shows that arrivals of tender coconut to the market were higher during March and April as the demand for tender coconut would be naturally higher during the summer season, with lowest arrivals during July, as the demand for the tender coconut declines due to rainy seasons. A Seasonal index for prices of tender coconut reveals that very little fluctuation in prices of tender coconut across the months, more uniformity and less fluctuation in prices indicated prices of tender coconut are insensitive to arrivals.
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How to cite this article:
Prathima CM, DM Gowda, Mohan Kumar TL, Mahin Sharif. Time-series analysis of seasonality in arrivals and prices of tender coconut in Maddur market of Karnataka. Int J Stat Appl Math 2024;9(1):145-148.