Author: A. Sathanandan
Thesis Supervisor: Dr. Dilanthi Koralagamage
2019
Undergraduate thesis
University of Ruhuna
English
79
Matara, Sri Lanka
Sea food acts as a main component in the diet of most countries around the world and contributes as a main supply of animal protein. The demand of dried fish is met by both local production and imports but, Sri Lanka is endowed with marine resources. There are so many researches done on dried fish nutrients, supply chain and markets. But the price analysis on dried fish has been done rarely. Price analysis with the analysis of market profitability and efficiency helps the policy makers to discover sustainable and an entire marketing strategies. The research was conducted to find out the pricing mechanism of both rural and urban dried fish markets of Batticaloa and compare them with the Colombo dried fish market using price indices. The research was done with the primary data and the secondary data which was collected from HARTI. The average wholesale and retail prices and their standard deviations were calculated. Spanish mackerel had the highest average prices among the selected varieties of dried fish in both rural and urban dried fish markets. Marketing costs were higher in urban sector than the rural at producer, wholesaler levels and lower in retailer level in the percentage of total costs. Wholesalers had the highest profit margin in both rural (21.2%) and urban (14.9%) sectors as they set high mark-up. Spanish mackerel has the highest producer share (87%) in rural and String rays has the highest producer share (88%) in urban sector. Queen fish and Skip jack tuna have the highest wholesale and retailer share (23%) in rural and Skip jack tuna has the highest wholesale and retailer share (23%) in urban sector. The marketing efficiencies for Queen fish, Mackerel shark, Giant catfish, String rays and imported sprats were higher in urban sector than in rural sector and marketing efficiencies for Spanish mackerel, Skip jack tuna and White sardinella were higher in rural sector than in urban sector. Prices of White sardinella and imported sprats are higher and Spanish mackerel, Mackerel shark and Giant catfish were lower compared to Colombo market price in rural sector at producer level. Retail prices of II Colombo dried fish market are higher than Batticaloa dried fish markets. There was a positive correlation between Colombo dried fish market at retail level yet it was not significant and negative correlation between wholesale level with Colombo dried fish market but it was significant. The dried fish market of urban Batticaloa is better comparing to the Colombo market as well as the Batticaloa rural market. The urban dried fish market of Batticaloa had more varieties of dried fish efficiency compared to the rural dried fish market and it had more producer share as well. Though it had low profit compared to the rural dried fish market, it had low marketing cost with high efficiency. The average prices of wholesale and retail were low in urban dried fish market compared to the rural dried fish market which was a sign of a healthy economy of our nation.
pricing mechanism, price index, dried fish markets, gross profit margin, market efficiency, price, marketing costs
Sathanandan, A. (2019). Analysis of selected dried fish markets in Batticaloa and Colombo [Undergraduate Thesis]. University of Ruhuna.