Understanding the dynamics in fish price behaviour across selected coastal states of India

Shyam, S Salim and Athira, N R and Stanley, Lowrane (2023) Understanding the dynamics in fish price behaviour across selected coastal states of India. International Journal of Statistics and Applied Mathematics, 8 (3). pp. 82-87. ISSN 2456-1452

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Abstract

The fish price variations leads to issues related to fish availability, accessibility and affordability. The price variations are affecting all stages of transactions and attributed to the uncertainty in fish production, distribution and consumption. The present study portrays the dynamics of fish price behaviour across the different species and markets and identifies the need for implementing a Fish Market Price Information System (FMPIS). The study was based on the primary data of fish prices were collected from the 25 highly diversified fish markets including landing centres, retail and wholesale markets across the coastal states of Kerala, Andhra Pradesh, Maharashtra and Telangana during the period Jan 2018 – June 2020. The results depicts that the markets of Kerala indicates that Nadakkav, Kavanad and Chambakkara shows the high probability of retention at 0.542, 0.590 and 0.577 respectively. Sabzimandi (0.899) show the highest probability of retention of fish prices in Telangana followed by Kashmirgadda (0.754) and Karimnagar (0.827). The Colaba market (0.858), Desaiganj (0.680) and Umred (0.627) shows the high probability of retention in fish prices in Maharashtra and in Andhra Pradesh the markets Markapuram (0.807), Guntur (0.707) and Baptla (0.535) has the high probability of retention. The results also point outs that sardine, mackerel, tilapia, pearl spot catla, rohu and Asian sea bass are the most consuming fish species there exists a very clear cut demand and supply pattern for these fish species. The price of Tilapia are found to be co integrated in the markets and the demand for Tilapia is steadily increasing over Pearl spot, irrespective of the geographic vicinities.

Item Type:	Article
Uncontrolled Keywords:	Species diversity; market diversity; markov chain analysis
Subjects:	Socio Economics and Extension > Fisheries Economics
Divisions:	CMFRI-Kochi > Marine Capture > Fishery Resources Assessment, Economics and Extension Division Subject Area > CMFRI > CMFRI-Kochi > Marine Capture > Fishery Resources Assessment, Economics and Extension Division CMFRI-Kochi > Marine Capture > Fishery Resources Assessment, Economics and Extension Division Subject Area > CMFRI-Kochi > Marine Capture > Fishery Resources Assessment, Economics and Extension Division
Depositing User:	Arun Surendran
Date Deposited:	13 Jun 2023 11:57
Last Modified:	13 Jun 2023 11:57
URI:	http://eprints.cmfri.org.in/id/eprint/17065

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