ABSTRACT
The main purpose of this study is to
provide sufficient information on how to improve fresh okra marketing. The
study economics of fresh okra marketing has its objectives as; to examine the
socio-economic characteristics of the marketers, the profitability and
marketing efficiency of okra marketing, factors influencing profit from okra
marketing and identify the major constraints faced by okra marketers. The study
was carried out in Umuahia, Abia State and primary data was collected through
the use of questionnaire to capture all the variables needed for analysis.
Objective one was analyzed through the use of tables, mean, percentages and it
was found out that the age distribution of majority of the marketers were
ranging between 41 to 50 years, level of education was predominantly secondary
school, household size ranges mean of 8 persons, majority of the marketers were
married and also all the respondents turned out to be women. The second
objective was analyzed using cost and return analysis and marketing efficiency
formula and it was found that the profit of the marketers was N174576.2 and
marketing efficiency was 26.38%. Objective three was analyzed using multiple
regressions and double log functional form was chosen and the factors that were
significant were marital status, marketing experience, transportation cost,
storage or rental cost and cost of loading and off loading. It. was also found
out the major constraint faced by okra marketers include transportation cost,
seasonal variation of okra, high cost of okra, inadequate credit facilities,
lack of storage facilities, inadequate standard measurement and low demand of
okra. In conclusion, it was found out that okra marketing is profitable yet not
efficient. Marketers are encouraged to device means of reducing cost and tackle
the above problems so as to attain efficiency in the nearest future.
OBIOHA, E (2021). Economics Of Fresh Okra Marketing In Umuahia, Abia State Nigeria . Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/economics-of-fresh-okra-marketing-in-umuahia-abia-state-nigeria-7-2
ELSIE, OBIOHA. "Economics Of Fresh Okra Marketing In Umuahia, Abia State Nigeria " Repository.mouau.edu.ng. Repository.mouau.edu.ng, 04 Aug. 2021, https://repository.mouau.edu.ng/work/view/economics-of-fresh-okra-marketing-in-umuahia-abia-state-nigeria-7-2. Accessed 23 Nov. 2024.
ELSIE, OBIOHA. "Economics Of Fresh Okra Marketing In Umuahia, Abia State Nigeria ". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 04 Aug. 2021. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/economics-of-fresh-okra-marketing-in-umuahia-abia-state-nigeria-7-2 >.
ELSIE, OBIOHA. "Economics Of Fresh Okra Marketing In Umuahia, Abia State Nigeria " Repository.mouau.edu.ng (2021). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/economics-of-fresh-okra-marketing-in-umuahia-abia-state-nigeria-7-2