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Arthshastra Indian Journal of Economics & Research

ISSN: 2278-1811 Frequency: Quarterly Peer Review: Double-blind Published since: 2012 Language: English
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Indian Floriculture Industry : A Country-Wise Export Analysis

Open Access Original Article

Indian Floriculture Industry : A Country-Wise Export Analysis

Naresh Kumar1

1 Associate Professor, Department of Economics, Government P.G. College, Ambala Cantt - 133 001, Haryana

Volume 12
Issue 2
Pages 25–37
Year 2023
Received: Jan. 17, 2023 Accepted: May 15, 2023 Published: June 30, 2023
Abstract

Purpose : This paper aimed to improve understanding of India's floricultural exports. It attempted to examine India's floricultural export performance in relation to the major importers of floriculture.

Methodology : The data were analyzed using statistical approaches such as average, standard deviation (SD), coefficient of variation (CV), and CAGR. Six other indices were also considered. The analysis was entirely dependent on secondary data.

Findings : India's floriculture production met domestic and international demand. In 2001–2002, India exported 18803.67 metric tons of floricultural goods for a total of ₹ 115.30 crores. In 2021–2022, the export was 23597.17 metric tons worth ₹ 771.41 crores. From 2009–2010 to 2021–2022, the CAGR was 2.779% of total floriculture exports. Malaysia, Hungary, Singapore, and the United Arab Emirates are the top four leading importers of Indian floriculture goods, with CAGRs of 25.31%, 22.92%, 17.85%, and 12.69%, respectively.

Practical Implications : The research paper advised that more incentives be given to stimulate floriculture exports. Some countries’ growth rates for India's floriculture exports were low. As a result, increased demand for Indian floriculture from importing countries was critical. Based on the results of the country-by-country analysis, the export concentration was in a small number of countries, which caused worries for the Indian floriculture business.

Originality : The current paper revealed an overall picture of Indian floriculture exports to facilitate the exporters.

Keywords exports growth rate concentration floriculture industry
How to Cite

Naresh Kumar (2023). Indian Floriculture Industry : A Country-Wise Export Analysis. Arthshastra Indian Journal of Economics & Research, 12(2), 25–37. https://doi.org/10.17010/aijer/2023/v12i2/173179

References
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  2. Kumarasamy, N., & Harshavardhini, G. (2021). Production and export performance of Indian floricultural sector. Just Agriculture, 2(2), Article 032. https://justagriculture.in/files/newsletter/2021/october/032.pdf
  3. Misra, D., & Ghosh, S. (2016). Growth and export status of Indian floriculture: A review. Agricultural Reviews, 37(1), 77-80. https://doi.org/10.18805/ar.v37i1.9269
  4. Shelke, A. (2014). Commercial floriculture industry in India : Status and prospects. International Journal of Management & Information Technology, 10(2), 1837–1843. https://doi.org/10.24297/ijmit.v10i2.639
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  6. Waghmare, M. N., & Shendage, P. N. (2019). Economic analysis of production of cut roses under polyhouses in Western Maharashtra. International Journal of Current Microbiology and Applied Sciences (IJCMAS), 8(2), 234–241. https://doi.org/10.20546/ijcmas.2019.802.029
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