Production and supply responses of major spices in bangladesh

Abstract

Abstract : The present study depicted production and supply responses of major spices (chilli, onion, garlic, turmeric, ginger and coriander seeds) in Bangladesh for the period from 1972/73 to 2003/2004. The area and production growth rate of all spices were positive except production of garlic. Yield growth rate was positive for winter chilli, summer chilli, turmeric and coriander seed, though that was negative for onion, garlic and ginger. Previous years’ area under spices showed positive and significant impact, whereas previous years’ price of spices, time trend and rainfall showed insignificant impact on current year’s area of different types of spices. Price elasticity in the short and long run was highly inelastic. Coriander seed growers needed less number of years whereas turmeric growers needed highest number of years for achieving desired level of area under cultivation.