Abstract
The Asian countries are the major destinations for the Indian dairy exports. The buoyancy in import demand of dairy products in Asian countries due to growing size of their markets resulting from population growth and changing food preferences, offers opportunities for Indian dairy industry to increase their exports. This paper examines export trends of India's dairy products in Asian markets, analyzes the import demand and relative price elasticity of the Indian dairy exports and presents short-term export forecast in select Asian destinations. The analysis is based on HS 4- and 8-digit level data of the India's export to 40 Asian countries during 1991-2004. The results indicate that although presently India is a minor player in Asian markets and exports are moderately to highly instable in most of the destinations, the potential exports can increase substantially.
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