scholarly journals Export Performance of Coconut Sector of Sri Lanka

Author(s):  
Vanitha Prasannath

Aims: The study aims to identify the coconut export market of Sri Lanka based on market share and market growth and to classify coconut-importing countries using BCG matrix in order to facilitate potential strategic marketing decisions. Study Design:  This is a quantitative study based on secondary data. Place and Duration of Study: This study is based on Sri Lanka’s coconut exporting sector. The secondary data were collected from 2009 to 2019 from the various annual report of Central Bank of Sri Lanka, export performance report of Export Development Board of Sri Lanka and TRADEMAP. Methodology: The data were first tabulated and then generated as graphs to display market share and growth. The Boston Consulting Group (BCG) matrix was used to classify coconut export market into four groups, namely stars, cash cows, question marks and dogs. Results: Export performance of coconut sector increased based on the export value. Similarly, the percentage share of coconut exports to the total exports increased from 3.5% to 5.5% over the last decade. United States of America (USA), Germany and the United Kingdom (UK) are significant importers of Sri Lankan coconut and coconut-based products. India, Mexico and Australia showed a growing trend in the growth of market share for coconut and coconut-based products. According to the BCG matrix, the USA is categorised under the star market, and no countries fall in the cash cow market. Sri Lankan coconut market with India, Mexico, Australia, Germany, France, Netherlands, United Arab Emirates (UAE), UK, South Korea, Italy, Canada, Japan, China, Spain and Russia fall into question mark markets. Turkey, Pakistan, Egypt and Iran are grouped into dogs market category. Conclusion: By identifying the position of the country at the BCG matrix, the coconut industry would carry out activities and projects to earn additional income and capture more world market share for coconut and coconut-based products. Policymakers should consider the position of the country while implementing related policies.

2020 ◽  
Vol 11 (2) ◽  
Author(s):  
Kiki Maristia

The purpose of this research itself is to determine the market position PT Samsung Elektronik Indonesia in the BCG matrix (Boston Consulting Group) and formulating strategies to maintain market share. This type of research used in this research is to use descriptive methods. While this research data collection technique uses secondary data based on written documents in the form of sales results and market share PT Samsung Elektronik Indonesia. The calculation result of BCG Matrix owned by PT Samsung Elektronik Indonesia shows that the company is in the position of Cash Cows where the position has a medium market growth with high market share. Thus the company can formulate strategies in the form of product development and diversification. Keywords: BCG (Boston Consulting Group Matrix), Implementation of Strategies, Market Share Defense


Author(s):  
T.M.A. Tennakoon ◽  
Kennedy Gunawardena ◽  
S.P. Premaratne

This study through an exploratory approach review the challenges and constraints faced in enhancing entrepreneurship education in developing countries using Sri Lanka as a case study. Previous studies on the subject matter is very scarce and even in international journals only few papers appeared on entrepreneurship education in developing countries. The purpose of this paper is to study the current entrepreneurship education system in Sri Lankan state universities with reference to challenges and constraints and to propose an action plan to raise entrepreneurship education in Sri Lanka to be in par with that of developed nations so that these universities can act as the centerpieces of business innovations and entrepreneurship development. This paper employs an exploratory study approach by analyzing current entrepreneurship education system in Sri Lanka by reviewing secondary data such as various journals and government publications to build the arguments and recommendations outlined. Among constraints and challenges for the development of entrepreneurship education, lack of resources, lack of entrepreneurial skills in lecturers, poor stake-holder engagement, weak government policies and industry � university gap are common to most developing countries. In addition with its free education policy, Sri Lankan universities are faced with strict university entrance procedures and lack of selection of desired courses for majority of students. Findings of this study and salient suggestions will be an invaluable toolkit for policy makers to design effective strategies for entrepreneurship education in developing countries.


2019 ◽  
Vol 45 (1) ◽  
pp. 2-20 ◽  
Author(s):  
H. Kent Baker ◽  
N. Jayantha Dewasiri ◽  
Weerakoon Banda Yatiwelle Koralalage ◽  
Athambawa Abdul Azeez

PurposeThe purpose of this paper is to identify the dividend policy determinants of Sri Lankan firms and why they pay dividends.Design/methodology/approachThe study uses several quantitative approaches to investigate dividend determinants using market (secondary) data of 190 Sri Lankan firms and 1,330 firm-year observations. Dividend determinants are also identified using survey (primary) data from 141 of the 190 firms. Triangulation is then used to facilitate validation of the data through cross-verification from two data sources.FindingsAnalysis of the market data reveals that firm size, industry impact, corporate governance, free cash flow, earnings, past dividends, profitability, investment opportunities, net working capital, concentrated ownership structure and investor preference represent the most important dividend determinants. Survey data confirm these findings. The evidence supports the pecking order, signaling, free cash flow, catering and outcome theories using both secondary and primary data and the bird-in-the-hand theory using survey data.Research limitations/implicationsThe findings are useful not only for corporate decision makers in establishing an appropriate dividend policy but also for shareholders in making investment decisions. Because the current study is limited to Sri Lanka, future researchers should study the same phenomenon in other countries using the triangulation approach.Originality/valueThis study provides a hybrid approach to dividend policy research by using both primary and secondary data in a single study. It is the first dividend study in Sri Lanka to use a triangulation approach.


2019 ◽  
Vol 4 (02) ◽  
pp. 182-184
Author(s):  
Boopathi Raja A ◽  
Naveen Kumar P

Indian processed vegetables in International markets accelerate the growth of Indian economy. Studying the changes in share of processed vegetables to different countries, improve the welfare of farmers, processers and exporters. In this regard, an attempt was made to quantify the changing structure of Indian processed vegetables exports. The main objective of the present study was to analysis the growth and the direction of trade in processed vegetables export. In this regard, secondary data, mainly quantity of processed vegetables exports from India was collected from APEDA, for a period of 1995-96 to 2017-18. Growth rates was estimated by using the exponential growth model and the Markov chain analysis model was computed through linear programming method to assess the transition probabilities for the major Indian processed vegetables export markets using Lingo Programming computer package. Accordingly, processed vegetables export market have positive double digit growth rate, UK retained 22.5 per cent, countries pooled under ‘others category’ retained 32.4 percent of share of Indian processed vegetables export. That the countries pooled under ‘others category’ and UK would be the more stable importers of the processed vegetables from India in future and country like Germany and Netherland was not found as the stable importer.


2018 ◽  
Vol 11 (1) ◽  
pp. 1520-1526
Author(s):  
Pivithuru Janak Kumarasinghe ◽  
Savinda Perera

The study focuses on Sri Lankan virgin coconut oil industry because of it is one of the upcoming export products and also its position as one of the key player in the global market. Sri Lankan coconut industry is one of the major foreign exchange and employment generation source and element of the Sri Lankan nation. The study attempted to unearth the determinants of export competitiveness of virgin coconut oil industry in Sri Lanka by drawing attention on Porter’s theory of the competitive advantage of nations. The target population of the study consisted with individual firms which are engaging in virgin coconut oil export in Sri Lanka is two hundred and nineteen. The study used a likert scale to measure the chosen variables. Based on the Pearson Correlation analysis researcher can say that there is significance strong positive relationship between Availability of Raw materials, Quality of demand and Market share of export with the Export Competitiveness. According to regression analysis researcher can say that availability of Raw materials, Local market, Quality of demand and Market share of export has significance positive affect on Advantage of Export Competitiveness.


CORD ◽  
2008 ◽  
Vol 24 (1) ◽  
pp. 11
Author(s):  
Pathiraja, P.M.E.K ◽  
Fernando, M.T.N ◽  
Jayasundera, J.M.M.A

Virgin Coconut Oil (VCO) is a newly introduced product in Sri Lanka with a high export market potential. Only a few entrepreneurs however, are capitalizing on this opportunity due to several factors such as lack of rigorous economic analyses and unavailability of information on export market opportunities. Against this background, this study attempts to analyse the economic viability of this enterprise in Sri Lanka. Interestingly, it was found that the VCO provides the highest net return per 1000 coconuts utilized compared to the other traditional coconut kernel products. The pay-back period for the initial investment on machineries was little over a month under current prices of inputs and outputs. Sensitivity analysis suggests that the crucial factor that determines the economic viability of this enterprise is world market VCO price and the sensitivity of the net return of VCO production for the nut price is very low. The break-even price of one liter of VCO was found to be US $ 4.8 whereas it receives US $ 8 in the export market. This study concluded the need of encouraging VCO production in Sri Lanka, given the long-term brighter outlook of the global VCO industry.        


2016 ◽  
Vol 4 (1) ◽  
pp. 69-73
Author(s):  
R. A. D. S. Rupasinghe ◽  
H. A. S. L Jayasinghe ◽  
R. M. P. S Rathnayake ◽  
T. A. P Silva

Pineapple is the third largest agricultural product after tea and coconut, which has a demand in export market. Although the nature has blessed with an ideal climate for growing wide range of delicious fruits including pineapple, Sri Lanka is not in a position to meet the growing demand. Therefore, that is very important to study about the export performance of fresh pineapple in Sri Lankan context. The general objective of this study was to identify the determinants of contribution of pineapple growers for export volume in Gampaha district. A structured questionnaire based survey was carried out to collect the data from random sample of 130 pineapple growers in Dompe and Diulapitiya DS divisions in Gampaha district. The result of Tobit model revealed that the contribution of pineapple growers for exports of pineapple was significantly determined by the age of grower, experience of grower, pineapple cultivated land extent, amount supply for local market, domestic price and export price. In the study of specific objectives, there was an upward trend from 1990 to 2004 and trend was declined from 2004 to 2012 with some fluctuations. The reason was that the export of preserved pineapple has shown a significant improvement within last few years and in developing the forecasting model for future forecast and the generalized model for current situation analysis for fresh pineapple exports in Sri Lanka. Vector Autoregressive Model (VAR) was used to develop the forecast model and the generalized model was developed without considering the time factor. The result revealed that the export of fresh pineapple was significantly determined by the average exchange rate and the domestic price.


2020 ◽  
Vol 2 (2) ◽  
pp. 181-193
Author(s):  
Kariyawasam Pinikahana Gmage Lahiru Sandaruwan ◽  
Suvajit Banerjee

Background: Grabbing the emerging opportunities, from the escalated global demand for processed seafood due to the modern lifestyle induced changes in the food consumption pattern of the households, could be a great advantage for Sri Lanka to increase its international trade activity. This could also help Sri Lanka earn more revenues by adding value through the processing of the raw fish and through that eliminating high postharvest loss during the peak seasons. Objective: This research intends to study the patterns of global and Sri Lankan trade in the seafood sector and identifies the determinants in terms of their impacts on the processed seafood export. Methods: The Gravity Model was run with the secondary data collected from UNCOMTRADE. The panel data include seafood export data of Sri Lanka from 2001 to 2014 with 107 countries and 144 products. Results: However, only one % of the Sri Lankan processed seafood adds value to the ultra-processed level, so it cannot reach the maximum potentials in job creation and profitability. This study has found that the elasticity values of tariff and non-tariff measures (NTMs) are higher for the processed seafood than the unprocessed seafood. This way, the processed seafood becomes more vulnerable to changes in tariff and NTMs than the unprocessed seafood. Conclusions: The conversion of unprocessed seafood into processed seafood can improve the export revenue for Sri Lanka but these conversions are increasing the vulnerability of seafood exports due to the stringent market barriers.


2020 ◽  
Vol 9 (1) ◽  
pp. 39-54
Author(s):  
Adnan Putra Pratama ◽  
Dwidjono Hadi Darwanto ◽  
Masyhuri Masyhuri

Trade liberalization is currently demanding every country to increase the competitiveness of its products. Indonesia as the largest clove producer in the world has a major competitor in the international market. This study aims to determine the competitiveness of Indonesia's clove exports and competing countries in the international market and determine the factors that affect its competitiveness. The data used in this study are secondary data from five major producing countries namely Indonesia, Madagascar, Tanzania, Sri Lanka, and Comoros during the period 2000-2017 sourced from UNComtrade, FAO and the World Bank. Competitiveness is measured by Revealed Comparative Advantage (RCA), Acceleration Ratio (AR) and Export Product Dynamic (EPD) while the factors that affect competitiveness are used panel data regression methods using E-Views software. The results showed that Indonesia had the lowest RCA index, the AR value showed Madagascar and Tanzania were able to capture market share in the international market and the EPD value showed that all countries occupied the rising star position except Sri Lanka in the falling star position. Panel data regression analysis results show that the market share and GDP variables significantly influence the competitiveness of the main clove producing countries while the production variables and export prices do not significantly influence the country's competitiveness. The government must dare to take policies to limit clove imports and increase exports.


Author(s):  
M.S.H.U. Karunarathne

Convergence of India-China interests on Sri Lankan context became critical during post conflict period as it provided the platform for these two powerful nations to check and balance their interests. This paper aims at discussing the impact of their interests on post conflict Sri Lanka. The main objective of the study is to theoretically analyze the convergence of Indo-China interests on above context and their impact on Sri Lanka. To achieve aforesaid objectives qualitative approach has been adopted and secondary data is the main type of data obtained from various sources such as books, journal articles, newspapers, government records and other relevant documents available in both printed and electronic versions. Document analysis, theoretical analysis and descriptive analysis are used to analyze data. In document analysis documents are interpreted to give meaning and it collects available data related to the study and interprets them to find out specific issues. Concepts derive from literature review and theoretical analysis helps to develop broader understanding on those issues and collect new knowledge. Descriptive analysis also used in certain areas to provide comprehensive understanding of collected data. The research findings conclude Chinese influence over the other regions seems inevitable with its rise as a global economic and military power which is perceived as a threat by India. India is also trying to match Chinese rise resulting suspicion and fear psychosis among one another’s achievements.  Both are engaged in a competition to achieve goodwill of their neighbors.  Sri Lanka has become convergence point for both India and China due to its strategic importance in the Indian Ocean and it was intensified during post conflict period. Both attempted to attract the post conflict reconstruction projects but China impressed more positively on Sri Lankan policy makers since its aid came with no influences for domestic politics. India raised the issue on reconciliation and power devolution and even supported UN resolution against Sri Lanka. Chinese approach was more peaceful and beneficial for Sri Lanka whereas India


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