Журнал сельскохозяйственных наук и пищевых исследований
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Potential of Indian Menthol Mint Oil in Production and Export: a Growth and Instability Analysis

Shyam Prakash Singh, VKS, Tomar and Sanjay Kumar

The present study is an attempt to examine the growth potential and instability in the area, production, productivity and export of menthol mint oil. The time-series data for the period of 2000-01 to 2017-18 has been analysed by using growth and instability models. The study revealed that compound growth rates (CGRs) of area, production, productivity, quantity and exported value have been shown positive growth trend and statistically highly significant. The instability indices have been measured in terms of adjusted co-efficient of variation and accounted to be 28.74, 28.96, 2.14, 32.03 and 63.39 percent respectively. From the results, growth rates and instability have been simultaneously associated with each other. Although, the productivity of menthol mint marginally accelerated in spite to realize the more stability followed by area, production and export quantity and value. The export of menthol mint oil witnessed a remarkable positive growth trend with low future trading risk.