ISSN 2375-0863
African Journal of Poultry Farming ISSN 2375-0863 Vol. 9 (2), pp. 001-006, February, 2021. © International Scholars Journals
Full Length Research Paper
An analysis of price trends and its behavioral patterns of the Indian poultry market with reference to egg
R. Karthikeyan1* and V. R. Nedunchezhian2
1Anna University – Chennai (Coimbatore Region) Jothipuram, Coimbatore – 641020, India.
2KCT Business School, Kumaraguru College of Technology, Coimbatore, India. *Corresponding author. E-mail: [email protected]. Tel: 0422-2693605, +919843496216.
Accepted 14 December, 2019
Abstract
The study made an attempt to analyze the seasonal changes and growth performance in the prices of egg across India. The data on prices of eggs were collected for the period from January 2009 to December 2012 from the various sources of poultry associations. The seasonal index analyses were used to substantiate the results. The results revealed that the average egg prices had grown significantly at 28% from 2009 to 2012. This was mainly due to the increased consumption of eggs across India and the feed cost has increased to a large extent. The consumption of egg during winter season is high and this results in high prices in the market. Also, the demand is high on account of Christmas and New Year, and this attributes to the rise in prices in the months of November and December. The lowest price was observed during the month of April, due to slack in demand for egg in all the market centers of India and the reason includes hot climate during months of March, April and May.
Key words: Poultry, egg, chicken, broiler, animal husbandry.