Indian castor oil exports concentration- a perspective


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Indian castor oil exports concentration- a perspective

Authors

  • N SANDRA 1 Indira Gandhi Krishi Vishwavidyalaya, Raipur, Chhattisgarh 2 ICAR-Indian Institute of Oilseeds Research, Hyderabad
  • C SARADA 1 Indira Gandhi Krishi Vishwavidyalaya, Raipur, Chhattisgarh 2 ICAR-Indian Institute of Oilseeds Research, Hyderabad
  • N K CHAURE 1 Indira Gandhi Krishi Vishwavidyalaya, Raipur, Chhattisgarh 2 ICAR-Indian Institute of Oilseeds Research, Hyderabad

https://doi.org/10.56739/jor.v37iSpecialissue.141343

Keywords:

Diversification, geographic concentration, Herfindahl-Hirschman Index

Abstract

India is the global leader and ranks first in production with almost 87 percent of world’s share as well as in
exports of castor oil with a share of 86.8 percent of world’strade (2018-19) and the export is valued at ` 5658 crores. Geographic concentration was analyzed using Herfindahl-Hirschman Index (HHI). It showed that the exports are highly concentrated ranging from 2032 to 2584 for the last eight years except for the year 2014-15 when it was 1668 (moderate concentration).The analysisrevealed thatthe castor oil export destinations are highlyconcentrated to only 10 countries. However, diversification of markets is always desirable

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References

Jianfeng M O 2016. To make India-China castor oil business better in 2016, Global Castor conference. http://storage.

unitedwebnetwork.com/files/23/b6f393fc64cad570916635 f5264b9821.pdf.

Kaitibie S, Al Jaidah M and Haq M 2016. Export market concentration and the potential for export market

diversification in the oil and gas sector in a small open economy. International Journal of Economic Perspectives,

(1): 71-85.

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Submitted

2023-08-23

Published

2020-03-12

How to Cite

N SANDRA, C SARADA, & N K CHAURE. (2020). Indian castor oil exports concentration- a perspective: Indian castor oil exports concentration- a perspective. Journal of Oilseeds Research, 37(Specialissue). https://doi.org/10.56739/jor.v37iSpecialissue.141343