Trends in Production and Export of Rose in India

  • R Govindasamy Assistant Professor, Department of Economics, Bharathiar University, Coimbatore, Tamil Nadu, India https://orcid.org/0000-0003-3688-4146
  • Irene Rose PG Students, Department of Economics, Bharathiar University, Coimbatore, Tamil Nadu, India
  • Dhanya Sai Das Ph.D., Research Scholars, Department of Economics, Bharathiar University, Coimbatore, Tamil Nadu, India
  • S Pooja Vardhini Ph.D., Research Scholars, Department of Economics, Bharathiar University, Coimbatore, Tamil Nadu, India
  • P Janarthan PG Students, Department of Economics, Bharathiar University, Coimbatore, Tamil Nadu, India
  • S Shalini PG Students, Department of Economics, Bharathiar University, Coimbatore, Tamil Nadu, India
Keywords: Floriculture, Production, Rose, Export, Trend, Forecast

Abstract

Floriculture is the art and knowledge of growing flowers to perfection. It deals with the cultivation of flowers and ornamental crops from the time of planting to the time of harvesting. Over 140 countries are engaged in floriculture production. In India floriculture is considered as a sunrise industry and givesit 100 per cent export-oriented status. Total area under floriculture in India is the second largest in the world and only next to China. Rose has ever been the world’s most beautiful nature’s creation. Rose is symbol of love, adoration and innocence and friendship. Perfume industries and pharmaceutical sector depends upon it. A large quantity of rose is used for decoration purpose. This study aims to probe out the growth in production and export performance of rose from India and its trend over the years. It also estimates the future export and production for the next ten years. The data used for the analysis is fully based on secondary sources and the period selected for the present study was from 2011-2012 to 2020-2021. Major tools used were CGR, CAGR, Standard Deviation and Simple Linear Trend Equation. It turned out that the trend in rose production and export shows negative in India for the period 2011-12 to 2019-20.

Published
2023-01-01
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