Author(s): Aditya Bhooshan Srivastava, KK Singh, Supriya, Sachin Kumar Verma, Harshit Mishra and Dr. Riyaz Ahmad

Abstract: Wheat is the primary cereal crop in India and holds an important place in the Indian agricultural system, and is part of Indian households in a significant way. The Northern part of India contributes majorly to wheat production. However, India was one of the top exporters in the world since its export market has historically been a significant economic driver. Data for a period of 2013-2014 to 2022-2023 has been analysed with respect to area, production, productivity, quantity, and value of export of wheat. The Markov chain model and transitional probability matrices was used to report the nature of export for wheat. Results revealed that compound growth rate of area were non-significant whereas compound growth rate (CGR) of productivity, quantity of export and value of export were positively significant at 1 per cent level of probability while, the production was negatively significant at 1 per cent level of probability. The study also revealed that CGR of value of export was 11.61 per cent per annum and quantity of export trend with CGR value 7.10 per cent per annum. The countries like the Bangladesh is one of the major market for wheat which imported 40.63 per cent quantity and it was greater than half of the value of wheat exported from India. Nepal is one of the most stable markets of wheat as reflected by 61.45 per cent probability of retention in terms of quantity export; the Bangladesh remained at top in total value exported as reflected 55.82 per cent retention probability. As per these facts, India has a good and significant potential for increasing production, productivity and export of wheat. Therefore, India must pay more attention for increasing production with superior quality, supported by favourable export promotion policies. Besides, attempts have to be taken to create new market and expand the trade area to other global major existing markets.

DOI: 10.22271/maths.2023.v8.i3Sc.1023

Pages: 206-209 | Views: 308 | Downloads: 19

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