Transcript Market economy of Medicinal plants in Kerala

Market Economy of Medicinal
Plants in Kerala
Table 1. Important medicinal plants demanded by user industry in Kerala (in quantity terms)
Scientific Name
Common Name in Malayalam
1.
Sida spp.
Kurunthotty
2.
Phyllanthus emblica
Nellikka
3.
Tinospora cordifolia
Chittamruth
4.
Terminalia chebula
Kadukka
5.
Asparagus recimosus
Sathavary
6.
Cyperus rotundus
Muthanga
7.
Solanum melongena Var.Insanum
Cheruvazhuthina
8.
Woodfordia fruiticosa
Thathiri
9.
Nilgirianthus ciliatus
Karingurinji
10.
Aegle marmelos
Koovalan
11.
Eclipta alba
Kanjunni
12.
Indigofera tinctoria
Neelayamari
13.
Adathoda Spp.
Adalotakam
14.
Withania somnifera
Amukkuram
15.
Cedrus deodera
Devatharam
16.
Boerhavia diffusa
Thazhuthama
17.
Aloe barbedensis
Kattarvazha
18.
Ricinus communis
Avanakku
19.
Tribulus terrestris
Njerinjil
20.
Piper longum
Thippali
Table.3. Major medicinal plants (in value terms) procured by sample pharmacies
in 2000-2001. ( Rs./kg)
Sl.
N
o
Scientific Name
Common Name in
Malayalam
Quantity
purchased (kg)
Price/kg
Parts used
Value in
million Rs.
1.
Aconytum heterophylum
Athividayam
2000
3800
Roots
0.76
2.
Lodolcea seychellarum
Aklari thenga
60
3500
Fruits
0.021
3.
Crocus sativus
Kunkumappov
105
30000
Flowers
0.31
4.
Anacyclus pyretheum
Akki karuka
100
1200
Leaves,
Roots
0.012
5.
Holostemma ada-kodien
Adapathiyan
17000
280
Roots
0.48
6.
Kaempfera galanga
Kachoory
16000
235
Rhizome
0.38
7.
Piper longum
Thippali
18000
200
Fruits
0.36
8.
Cinnamomum kamphora
Pacha karpooram
17500
200
Camphor
0.35
9.
Commiphora mukul
Gulgulu
22000
180
Resin
0.40
10.
Trichosanthus cucumerina
Kattupadavalam
26000
115
Stem
0.30
Table 2. Market analysis of major Medicinal plants in Kerala.
Name of the plant
Common Name in
malayalam
Quantity
Demanded
(estimate)
Tonnes
Compound
growth rate
(%)
Coefficient of
variation (%)
Price
elasticity of
demand
(%)
Scarcity ratio
Sida spp
Kurunthotty
608
9.20
29.87
0.54
2.79
Tinospora cordifolia
Chittamruth
282
5.70
20.76
0.35
0.00
Terminalia chibula
Kadukka
164
6.80
29.89
3.31
-3.20
Withania somnifera
Amukkuram
149
6.30
12.93
0.60
-4.02
Adhatoda sp
Adalotakam
141
5.30
29.33
1.46
-1.60
Cedrus deodara
Devatharam
138
8.80
27.00
1.98
-3.80
Cyperus rotundus
Muthanga
131
9.12
13.48
2.23
-0.59
Woodfordia fruiticosa
Thathiri
123
8.47
22.15
0.42
-5.16
Boerhavia diffusa
Thazhuthama
100
4.19
8.62
0.33
6.82
Aegle marmelos
Koovalam
87
9.31
28.15
0.98
0.49
*
*
*
Positive price elasticity of demand
High CV in price
High level of scarcity in supply
Illegal collectors
from forest
Gatherers from Nonforest Areas
MARKETING CHANNELS
FOR MEDICINAL PLANTS
IN KERALA
Dealers outside
state
Cultivators
Tribals
GSCS
Commission Agents
Traders/commission agents
Ayurvedic Drug manufacturing unit,
Vaidyas, House hold preparations
annual consumption of raw drugs and their
percentage
root(50%)
fruit/seed(15%)
wood(12%)
whole plant(9%)
bark/stem(7%)
leaf(4%)
flower(3%)
sources of raw drugs and their
percentage
forest areas(45%)
forest and nonforest areas(20%)
non forest
areas(14%)
cultivation(14%)
imports(7%)
MARKETING MARGINS:
Plant
Gathere`s
share of
consumer`s
rupee9%)
Orila
43.48
Trader`s margin Sale
% of sale price price of
trader
Rs./kg
47.83
23.00
Sida
67.00
32.89
18.00
chittamruth
67.00
32.00
6.00
sathavary
90.00
8.95
55.00
Nellikka
83.00
18.33
24.00
Koovalam
60.00
39.20
10.00
7.00
60.00
Amukkuram 87.00
Recommendations:
•
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Promotion of medicinal plant cultivation based on market
demand.
Quality specifications for ayurvedic drugs to be set and
enforced.
Make it mandatory to declare the source of purchase of
medicinal plants by all operators in this sector.
Standardization of morphological/ biochemical methods
to identify the medicinal plants.
Analyze the effect of cultivated species on drug quality.
Legalization of contract production protecting the
interests of primary producers.
Thank you