A Study on Trend and Growth of Cashew Nuts Production in Tamil Nadu

International Journal of Economics and Management Studies

© 2022 by SSRG - IJEMS Journal

Volume 9 Issue 10

Year of Publication : 2022

Authors : Angamuthu

10.14445/23939125/IJEMS-V9I10P102

How to Cite?

Angamuthu, "A Study on Trend and Growth of Cashew Nuts Production in Tamil Nadu," SSRG International Journal of Economics and Management Studies, vol. 9,  no. 10, pp. 9-14, 2022. Crossref, https://doi.org/10.14445/23939125/IJEMS-V9I10P102

Abstract:

At the Global level, a result of the analysis reveals that in the year 2020, Cote D Ivoire has maintained its position as the world's largest producer of cashew nuts with 20.30 percentage of share, followed by India (18.48 %), in India level, it is found that cashew nut in area part continuous up trend throughout the study period except 2016-17, whereas production point of view continuous ups and down during the study period. The scenario is very similar in respect of productivity also. At the Tamil Nadu level, the cashew nut area of 96710 hectares in 2010-11 kept declining at a significant compound rate of 1.68 per cent and linear rate1528.48 hectares on an average every year to reach 83977 hectares in 2019-20. Though there was not any notable growth in the production of cashew nut, the productivity in tonnes / hectare with average of 0.28 in tonnes / hectare, kept declining significantly at the rate of 3.61 per cent when compounded annually (CAGR = -3.61, t = -0.92, p < 0.1) and 0.01 tonnes / hectare on an average every years(LGR = -0.01, t = -1.03, p <0.1) to stay at 0.31 tonnes / hectare in the end year from 0.41 tonnes / hectare in the beginning year. From the significant decline in area, production as well as in productivity, it is found that Tamil Nadu cashew nuts activities should be improved during the study period.

Keywords:

Cashew nuts, Cote d ivoire, Tonnes/hectare, Coefficient of variation, Compound growth rate and linear growth rate.

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