Growth and Instability Analysis of Sugar Exports from India

Abstract

Aims: To work out growth trends and instability in export of sugar and jaggery from India Place and Duration of Study: Department of Agricultural Economics, Junagadh Agricultural University (between June 2018 and July 2020). Methodology: The present study focused on analyzing the growth and instability in sugar and jaggery export quantity, value and unit value as well for the period from 1996-97 to 2005-06. Exponential growth model and Cuddy-Della index used for growth and instability analysis, respectively. Results: study results indicate a notable annual growth rate in sugar export from India, specifically at 17.42, 23.44 and 5.13 per cent for quantity, value and unit value, respectively during the time span from1996-97 to 2018-19. Similarly, jaggery export also followed a comparable trend However, the export of both sugar and jaggery exhibited high volatility, attributed to low production levels during years of scarcity. Conclusion: The potential for expanding sugar and jaggery exports is considerable, contingent upon enhancing quality to meet the specific requirements of importing nations. Jaggery, renowned for its nutritional value, warrants increased domestic consumption, thereby contributing to the augmentation of sugarcane farm income.