Economics of Turmeric Production in Sri Lanka: An Empirical Analysis in Major Turmeric Growing Districts

Abstract

Aims: Turmeric occupies a prominent position among the commercially grown spices in Sri Lanka. However, due to various constraints the performance of turmeric production is not to the expected level. The present study attempts to determine the economics of turmeric cultivation and the problems perceived by the growers related to production and marketing of turmeric.
 Study Design: Multistage sampling design.
 Place and Duration of Study: The study was conducted in the major turmeric growing administrative districts in Sri Lanka namely Kurunegala, Kegalle, and Kandy during the year 2016-2017.
 Methodology: Both primary data, mainly from a field survey, and secondary data were utilized in the study. Descriptive statistical methods, seasonal price index, coefficient of variation of price, financial and constraint analysis techniques were used in data analysis.
 Results: The average Benefit Cost Ratio of 2.08 and higher net returns indicate that turmeric production was found to be a profitable venture in the study area. The results indicated the existence of higher price variations of turmeric in the study area between the harvest and the lean periods. Moreover, seasonality of turmeric production was identified as a main cause of variation in price of fresh turmeric. The results of the constraint analysis revealed that lack of knowledge on proper agricultural practices, non-availability of labor, price volatility and shortage of quality planting materials were the top four constraints perceived by the farmers.
 Conclusion: The results of this investigation show that the turmeric production is profitable in the study area, and suggest to offer frequent training and awareness campaigns for all the turmeric growers to facilitate the use of improved cultivation practices.

Economic Viability and Financial Feasibility of Secondary Processing Unit of Turmeric in Chamarajanagar District of Karnataka, India

“…The economic and social benefits of turmeric cultivation are significant in Karnataka, impacting both the state economy and the well-being of farmers [17,18]. A decline in turmeric production could harm the state's economy, while an expanding turmeric production system has the potential to boost farmers' incomes, create employment opportunities, alleviate poverty, enhance food security and contribute to overall social development [19,[20][21][22]. Recognizing the potential for establishing a self-sufficient commercial venture in turmeric cultivation, there is a timely and statewide need for information on the economics of turmeric production.…”

Evaluation of Performance of Turmeric (Curcuma longa L.) Varieties in Dharmapuri District of Tamil Nadu, India

“…This clearly indicates the necessity of various improved agro technical practices adoption to increase the productivity. Abeynayaka et al [9] reported that lack of knowledge on agricultural practices and non availability of labour as key reasons which affect turmeric productivity. Dipika [10] has studied the technological gap in turmeric production.…”

Growth and yield performances of turmeric (<em>curcuma longa</em>) grown in dry zone of Sri Lanka as affected by planting space, growing media and shade

“…Mainly it is used as a condiment and coloring agent in the food industry. Additionally, it has a great demand in many industries such as the cosmetic, pharmaceutical industry, and ayurvedic medicines (Abeynayaka et al, 2020). Further, it is used to prepare curry mixtures, color in textiles, and prepare specific paints.…”

“…Currently, turmeric production in Sri Lanka is not self-sufficient. To keep pace with the increased demand, a significant proportion of the local demand is being imported, putting a heavy burden on national income (Abeynayaka et al, 2020).…”