CHANGING DIRECTION OF TRADE OF BUFFALO MEAT IN INDIA – AN APPLICATION OF MARKOV CHAIN ANALYSIS
Publication Date : 17/10/2016
The livestock wealth of India is one of the highest in world. India is the world’s largest exporter of buffalo meat and accounts for 58 per cent of the world's buffalo population. Buffalo in India contributes about 30% of total meat production in the country. However despite this potential and growth, the sector is not well integrated. The present system of production and marketing of buffalo meat for domestic and export market is endowed with multifarious challenges and needs corrective measures at various levels. Keeping this in mind, the present study was undertaken to find out the pattern of trade and also changing direction of buffalo meat trade in India by markov chain analysis. The import of buffalo meat is nill. However, the export of buffalo meat is tremendously increasing from 1980. Now, India is best exporter of buffalo meat. From the transitional Probability Matrix, it was found that India could not retain its previous export of Buffalo meat to Vietnam Soc Rep and Egypt. India’s previous Buffalo meat export to the Malaysia market was retained to the level of 34 per cent during the current period. India’s previous Buffalo meat export to the Thailand market was retained to the level of 23 per cent during the current period. The remaining 77 per cent was diverted to other countries alone. India’s previous Buffalo meat export to the other countries market was retained to the level of 9 per cent during the current period. The remaining share was directed to Malaysia and Egypt. State Governments should accord more priority to the livestock sector: Meat exports also help in raising the standard of living of small and marginal farmers who rear buffalo in their small backyards, and are able to sell their uneconomical buffalo to supplement their income. Various actors in the value chain, such as buffalo farmers, transporters, butchers, packing staff (generally females), and loading labourers are employed directly and indirectly in the livestock sector.
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