Cocoyam Marketing in South East Nigeria

Cocoyam Marketing in South East Nigeria.

Table of Contents

ABSTRACT  

Cocoyam is highly perishable and considerable economic losses occur after it is harvested. This is as a result of rot, sprouting and other physiological changes. These losses could be reduced through efficient storage, processing and marketing. This study is about economic study of cocoyam marketing in south-east Nigeria. It specifically ranked market participants preference for cocoyam cultivars and the reasons for such preferences.

It showed the main marketing channels and socio-economic and institutional factors affecting the choice of marketing channels. It showed the structure and conduct of cocoyam marketing and socioeconomic and institutional factors affecting the volume of cocoyam marketed. It estimated the costs and benefits of cocoyam marketing as well as the net income of six storage methods. It assessed the effectiveness of six storage methods.

The study was guided by null hypotheses that socio-economic and institutional factors did not determine the choice of marketing channels; that socio-economic and institutional factors did not determine volume of cocoyam marketed; that the mean income of farmers, wholesalers and retailers did not significantly differ and that the mean cocoyam rot of the six storage methods did not significantly differ.

A total of 260 marketers comprising 100 producers, 60 wholesalers and 100 retailers were selected through stratified random sampling techniques. Data were collected from both primary sources. Primary data emanated from various questionnaires and weekly/monthly monitoring of the six storage methods. Descriptive statistics such as tables, charts, percentages and mean and inferential statistics such net income analysis, etc were used to achieve the objectives.

INTRODUCTION  

Cocoyam (Colocasia spp and Xanthosoma sagittifolium) originated from Southeast Asia. It was introduced into Nigeria and other West Africa countries in 16th and 17th centuries Bown, (2000). It is third largest root and tubers in south-east Nigeria after cassava and yam in terms of production and acreage NwagboOkorji, and Ugwu (1987). Cocoyam is grown for its edible starchy corm and leaves. 

FAOSTAT, (2010) estimated the production of cocoyam in Nigeria in 2008 as 5,387,000 metric tons out of a total of 11.77 million metric tons of world output of cocoyam. Coastal West Africa accounts for 90% of the global output with Nigeria accounting for 50% of this (FAOSTAT, 2010). World cocoyam production increased slowly from 10.7 to 11.77 million metric tons between 2003 and 2008 (Table 1) (FAOSTAT, 2010).

The table also shows production of cocoyam in Nigeria between 2003 and 2008. Production of cocoyam was approximately 46% from 2003 to 2006 in Nigeria and then decline to 45% 2007 and rose up again to approximately 46% of world output in 2008. Cocoyam is a popular root and tuber grown and marketed in the study area where it is relatively consumed in large quantities.

It thrives well in warm, humid forest areas where high annual rainfall and long wet season are conducive for its optimum yield. Considering that this climate makes up about 80 percent of land mass in South-east Nigeria, an efficient and effective cocoyam marketing system that will increase production cannot be overlooked. During the past decades, products of cocoyam were mainly consumed at home in South-east Nigeria. 

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StudentsandScholarship Team.

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