Trend analysis and price behaviour of cocoa in Kerala
Keywords:
Cocoa, Compound Annual Growth Rate, Trend, SeasonalityAbstract
Cocoa is one of the important plantation crops grown in India. The Mondelez International, formerly Cadbury,played a significant role in commercialising cocoa cultivation in India. At present, it is cultivated in AndhraPradesh, Kerala, Tamil Nadu and Karnataka. The present study aims to find the trend in area, production andproductivity of cocoa in Kerala during the period from 1978-79 to 2018-19. It also analyses the price behaviourof cocoa in four major markets of Kerala during the period from 2005-06 to 2021-22. The area, productionand productivity of cocoa in Kerala indicated an increasing trend over the years. The increase in productionof cocoa in Kerala could be attributed to the growth in productivity rather than area. The prices of cocoa inall the major markets of Kerala showed increasing trend during the period from 2005-06 to 2021-22. Theprices in Kerala were found to be the lowest during the months from August to October, while the priceswere highest during the months of April and May. The cyclical and irregular variations of cocoa prices inKerala were found to be insignificant.References
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