An analysis of price trends and its behavioral patterns of the Indian poultry market with reference to egg

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.
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