Application of ARIMA model in forecasting Vietnam’s black pepper export price to the U.S. market
Author(s): Phung Duy Quang, Pham Ngoc Mai and Hoang Nam Quyen
Abstract: Research into the application of ARIMA model to analyze and forecast the export price of Vietnamese black pepper to the U.S. market for the period from March to August 2024, based on monthly black pepper price data from January 2019 to February 2024, aiming to assist producers and exporters in developing appropriate export strategies and to support policymakers in making sustainable development strategies for the Vietnamese black pepper industry.
Phung Duy Quang, Pham Ngoc Mai, Hoang Nam Quyen. Application of ARIMA model in forecasting Vietnam’s black pepper export price to the U.S. market. Int J Stat Appl Math 2024;9(3):40-47. DOI: 10.22271/maths.2024.v9.i3a.1729