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PRINT ISSN : 2319-7692 Online ISSN : 2319-7706 Issues : 12 per year Publisher : Excellent Publishers Email : editorijcmas@gmail.com / submit@ijcmas.com Editor-in-chief: Dr.M.Prakash Index Copernicus ICV 2018: 95.39 NAAS RATING 2020: 5.38 |
Chilli (Capsicum annuum L.) is an important vegetable cum spice crop valued for its aroma, taste, flavor and pungency grown in all parts of world. It belongs to the family solanaceae with the chromosome number 2n=24 and centre of origin of hot chilli is Mexico. chilli is one of the most valuable spice crop than other spices. It is used in India as a principle ingredient of various curries, and chutneys, it is also used for vegetables, spices, medicinal, condiments, sauces and pickles with great nutritional value. India has become world’s largest producer and exporter of chilli. India and China are the largest exporter of chilli in the world with 25 per cent and 24 per cent share of total global exports, respectively. India is the world’s biggest producer and the consumer of red spice, exported 44.90 Thousand MT. chilli, which worth of 22,074.05 lakhs during the year 2017-18. The demand for Indian chilli in international market was from Malaysia, Bangladesh, Sri Lanka, UK and USA. It has been growing on an average between 20 to 25 per cent because of its quality and price competitiveness. The secondary data of chilli export were collected for the period of 1996-97 to 2018-19. For the purpose of comparison, the period was divided into period-I and period-II. To estimate the trade direction, data were analyzed by using first order Markov chain. In the present study, Minimum Absolute Deviations (MAD) estimation procedure was employed to estimate the transitional probability. Result conclude that, Malaysia and Sri Lanka found the most stable market, followed by Vietnam and USA and UAE found most unstable country in importers of Indian chilli.
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