The comparative price analysis of the local and imported vegetable are for the period of March to August 2011. All the data was collected at the Centenary Farmers Market (CFM) branch office. The data compilation and analysis was carried out by Department of Agricultural Marketing and Cooperatives, Ministry of Agriculture Bhutan.
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Source: Ministry of Agriculture and Forests (2011)
Comparative price Analysis of local and imputed vegetables sold at CFM |
It is quite unusual how the price works in Bhutan for the above commodities (can be classified as goods as well, since we consume it as a finished product). The price should actually be going down when there is a substitute but it is rather positively correlated (esp. for cabbage). In other words, it is acting as a complementary goods rather than substitutes. The above analysis is interpreted in graph below:
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Source: Ministry of Agriculture and Forests (2011)
Comparative price Analysis of local and imputed vegetables sold at CFM |
One thing is certain, Bhutanese really love chilli and will pay any price for it.
3 comments:
Hi Pema
I am sorry I can't help to poke my nose again because I am nosey. I have an openion.
The data collected are from CFM and as far as Thimphu goes, it may be true. But lets not forget the fact that imports are mainly (only) from India and there are lots of factors directly related to its pricing. Firstly, if there is a flood in the Falakata (main exporter to Thimphu), the availability becomes scarce, leaving a huge gap in Demand and Supply. And it did happen once. Secondly, we cannot ignore the quality. Most of the time, locally grown veggies are preferred due to less chemicals and natural taste. Thirdly, Road blockage. We are all aware that the Thimphu - Phuntsholing road is prone to landslides. The availability of imported veggies becomes scarce or even when it reaches Thimphu it becomes stale. (I don't know how price is affected)
Like I said its just my openion. I do believe, no matter how high the price of Chilly climbs, Bhutanese and chillies are inseparable.
Openion = Opinion. Sorry. My fingers seems to be attracted to the letter "e" in keyboard.
Welcome back and no worries.
You may be right in saying that since the Ministry/department did not provide any statistical support and moreover they have not provided any quantities for the above vegeis...furthermore I am not a resident of Thimphu and cannot understand the causality of it.
Cheers mate
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