International Journal of Research in Social Sciences
  • Year: 2019
  • Volume: 9
  • Issue: 5

Performance of Indian cardamom industry-an anlaysis

  • Author:
  • B. Sudha, R. Ramprabu
  • Total Page Count: 24
  • Page Number: 637 to 660

*Assistant Professor, Department of Commerce, Periyar Constituent College of Arts and Science, Pappireddipatti

**Research Scholar, Department of Commerce, Periyar Constituent College of Arts and Science, Pappireddipatti

Online published on 27 September, 2019.

Abstract

Cardamom Industry plays an important role in economic development of the country. With regard to production of small cardamom in Guatemala and India, the analysis showed an upward trend and the growth rate is high in India with 8.64 percent compared to Guatemala. Cardamom production among Kerala, Karnataka and Tamil Nadu, it was positive and statistically significant at one per cent level in Kerala witnessed a significant growth at the rate of 11.43 per cent. The cardamom production was negative and insignificant in both Karnataka and Tamil Nadu. The trend in cardamom production in Idukki District was showing upward trend with the growth rate of 12.46 per cent. Other districts were not significantly performing. Cardamom consumption in India witnessed a significant increase at the rate of 7.40 percent per annum. Cardamom export in Saudi Arabia, Kuwait and USA showed an increasing trend with a growth rate of 25.3 percent in USA followed by Kuwait with 22.18 percent and by Saudi Arabia with 20.78 percent. The import of cardamom to India witnessed a significant increase at the rate of 9.65 percent per annum during the period under study.

Keywords

Cardamom Production, Consumption, Export and Import, Trend, Growth and Magnitude of Variability