Growth and Instability Analysis of Export direction of Indian Floriculture Sector

Floriculture is farming or cultivation of flowers and ornamental plants. It provides tremendous scope and opportunities in Indian agriculture exports. The study examines the recent export trend and direction of Indian floriculture. It is expected that world trade in floriculture is growing about 8 to 10 percent annually. India stands 2nd position in production and 14th position in export of floriculture products in whole world. After Covid19 Pandemic share of top five countries from India’s export of flowers is declined from 65 to 45 percent in case of quantity. India’s export of floriculture is considered to 170 countries of the world of which top five countries constitute around 60 percent of total export. But the share of these countries has declined with slight volatility. The value export of floriculture has increased 5 percent but the volume has decreased -2 percent during the study period. Declining volume and increasing value of exports cannot be considered the real development in floriculture sector as enhance the value may be either due to increase global price of flowers or due to shortage of supply. To enhance the Indian floriculture export Government of India should be to increase storage facilities and packing qualities. To technical collaborations with foreign companies Indian economy can generate more foreign income from trade.

Sneh Lata*1 and Vanita Ahlawat2 Click here to download file

Research Article | Published online : 25-May-2024