National Academy of Agricultural Sciences (NAAS)
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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706 Issues : 12 per year Publisher : Excellent Publishers Email : editorijcmas@gmail.com / submit@ijcmas.com Editor-in-chief: Dr.M.Prakash Index Copernicus ICV 2018: 95.39 NAAS RATING 2020: 5.38 |
The purpose of this paper is to study the current trend of export of sheep and goat meat from India and forecasting of the same for next five years by using the time series modelling. Four different Autoregressive Integrated Moving Average (ARIMA) models were fitted to annual sheep and goat meat export (quantity) from India using data records from 1990-1991 to 2017-18. Using goodness of fit criteria i.e. Akaike Information Criterion (AIC) and Bayesian information criterion (BIC), the model with order (0, 0, 2) was considered as most suitable model out of other orders (2, 1, 0), (4, 0, 0)and (1, 4, 0). The forecasting of future annual meat export quantity in leading five years was done using by the best model with higher accuracy Annual sheep and goat meat export from India in five leading years is expected to be having increasing trend observed with positive growth rate (3.80%).
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