STUDY ON ARRIVALS AND PRICING SITUATION OF MAJOR VEGETABLES IN POKHARA WHOLESALE MARKET, NEPAL
Nirmal Timilsina, Thaneshwar Bhandari
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To study the price and volume variability pattern and analyze the relationship of market arrival with the prices of major vegetables, a study was conducted in Pokhara wholesale market, Nepal. The study collected seventeen year’s monthly data of the wholesale market starting from 2001/02. Farmgate and retail market prices of major vegetables were collected by market surveys. The results revealed that the mean variability in the arrival of sponge gourd was higher, followed by green peas, tomato, bitter gourd, cucumber, cauliflower, and cabbage. The study reported stability in the price of green peas, bitter gourd, and cucumber compared to the prices of cabbage and tomato. The study confirmed numerous cases of positive relationships, though statistically non-significant, between market arrival and prices in terms of coefficient of correlation across months, although a negative relationship was found over the years in almost half of the cases. Computation of compound annual growth rate revealed a 7.22% growth in price and 13.95% growth in the arrival volume of selected vegetables over the years. Regression analysis confirmed that the volume of cauliflower was affected by the price and quantity of its close substitutes. A comparison between the farmgate, wholesale, and retail prices reveals that the mean price spread of fresh vegetables was 57.33%. The most crucial effect of these price differential was on producers since the mean producer’s share was only 42.67%. The study suggested due consideration of the Government of Nepal to enhance market intelligence, stability in price, cold chamber, and cold chain development.