Spatial and Seasonal Price Variations of Fresh Tomato: Evidence from Nigeria
Abstract
The degree of price variation of fresh tomato
over space and time; and its effect on consumer welfare is not yet known in
Nigeria. This study therefore examined the effect of spatial and seasonal price
variations of fresh tomato marketing on the welfare of consumers in Nigeria.
Primary data were collected with structured questionnaire from 240 randomly
selected tomato marketers. The data were analyzed using descriptive and
inferential statistical tools. Finding showed that the mean price of fresh
tomato per basket was N16,350 for minor
markets and N12,450 for major markets.
Test of hypothesis indicated a significant (p<0.05) spatial price variation.
Further result indicated a significant (p<0.05) inter-seasonal price
variation with a mean of N18,000/basket
for off season and N6,400/basket for
peak season. The result revealed that seasonal price variation (64.4%) is
higher than spatial price variation (23.9%) in Nigeria. Regression result and
factor analysis indicated that duration of product in store before sale,
bargaining power of seller, patronage, packaging charges and transportation
cost were the most significant determinant of fresh tomato price variation
which affect the welfare of tomato consumers. Price variation exerts negative
and significant (p<0.05) effect on consumers welfare through higher
expenditure on consumption and low level of patronage (demand). We recommended
that government should improve the rural road network to reduce transportation
cost and spoilage of fresh tomato in Nigeria.
Keywords
References
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Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Publication Date
June 28, 2019
Submission Date
September 28, 2018
Acceptance Date
March 29, 2019
Published in Issue
Year 1970 Volume: 29 Number: 2
Cited By
Credit Impact on Profitability and Marketing Efficiency of Sawn Wood Marketers
Kastamonu University Journal of Forestry Faculty
https://doi.org/10.17475/kastorman.1557422
