Published June 18, 2025 | Version v1

Impact of COVID Lockdown on Price Volatility of Pineapple in Vazhakulam, Kerala

  • 1. Dept. of Agriculture Development and Farmers Welfare
  • 2. ROR icon Kerala Agricultural University

Description

Price fluctuations pose a major challenge in horticulture, especially for perishable crops like pineapple. Vazhakulam in Kerala is a leading hub for pineapple cultivation, with strong interstate marketing networks. This study investigates price volatility in the Vazhakulam pineapple market during covid lock down using daily price data from January 2017 to September 2022. The data was segmented into pre-pandemic (Jan 2017–Mar 2020) and pandemic/post-pandemic (Apr 2020–Sep 2022) periods. Time-series modeling using ARCH and GARCH approaches in R revealed that GARCH(1,1) was the most suitable model for capturing volatility patterns. Results showed significantly higher price instability during the pandemic period, driven by transport disruptions and reduced consumer demand. This volatility affected the economic viability of pineapple farming, leading many producers to reduce cultivation. The findings highlight the need for targeted policy support and risk management strategies to stabilize fruit markets and protect farmer livelihoods during times of crisis. 

Files

jostapineapple.pdf

Files (632.5 kB)

Name Size
md5:ea0077b3b5980d04963af198cc56af03
632.5 kB Preview Download