Growth performance and instability of castor cake export from India

The growth rate of value of castor cake export was found the highest (37.59%) followed by growth rates of quantity (31.15%) and unit value (4.91%) during 2003-04 to 2017-18. However, instability in the value of castor cake exported was very high (58.03%) followed in quantity (43.89%). Looking to the stable market for castor cake export, South Korea emerged the most stable market with high probability (56%) of retention. This study revealed that India achieved remarkable growth rate in export of castor cake, but its price realization is low. As the world becoming more environmental conscious now a days, the natural manure like castor cake could find better market worldwide.