IDEAS home Printed from https://ideas.repec.org/p/ags/cmpart/117805.html
   My bibliography  Save this paper

Analysis Of Market Performance: A Case Of ‘Omena’ Fish In Selected Outlets In Kenya

Author

Listed:
  • Kariuki, Maina B. Joel

Abstract

The role and contribution of the fisheries sub-sector in Kenya cannot be underestimated. In particular, the contribution of Rastrienebola Argentea, commonly referred to as Omena, or Dagaa is increasingly being recognized and appreciated by several Government institutions and Non-Governmental organizations. Omena production is valued at 200 million dollars while its trade supports more than 2 million livelihoods. Different interventions by the government and the Non-Governmental organizations have resulted to increased production of Omena fish. However, increased production alone is not enough to effectively develop this industry. Information on the marketing functions and the efficiency with which these functions are carried out is lacking. In addition, distribution of costs and benefits along the Omena marketing chain is not known while fluctuations in supply affect price transmission between different markets. The main objective of this study was thus to assess the performance of Omena marketing in Kenya. The specific objectives of the study included: assessing the effectiveness of the Omena marketing channels; evaluating the price spreads along the different marketing channels; and to determine whether the spatially separated markets for Omena are integrated. Primary data was collected in two purposively identified regional markets in Kenya (i.e. Kisumu and Nakuru) while additional secondary data from the Nairobi region was included only for the purposes of analyzing market integration. Selection of markets was based on whether the markets are deficit or surplus regions for Omena. A multistage sampling procedure resulted to a total of 43 fishermen; 42 small scale processors; 20 wholesalers; 31 retailers; 32 domestic consumers; and 7 industrial consumers making a grand total number of 175 respondents. Questionnaires were adopted as the major tools of data collection using one-on-one interviews. To analyze the resultant data, the study utilized gross margin analysis and co-integration modeling. Results indicate that Omena marketing channels are to a large degree effective as it regards to meeting the consumption needs. However, results also indicated that longer marketing channels resulted not only to high costs and thus high retail prices; but also to lower returns to the fishermen. Further, the study identified that there is no integration amongst Omena markets in Kisumu and Nakuru and that a weak degree of integration existed between Kisumu and Nairobi. Information generated by this study is important in guiding policy makers to identify points of interventions as well as in designing effective and efficient Omena marketing channels.

Suggested Citation

  • Kariuki, Maina B. Joel, 2011. "Analysis Of Market Performance: A Case Of ‘Omena’ Fish In Selected Outlets In Kenya," Research Theses 117805, Collaborative Masters Program in Agricultural and Applied Economics.
  • Handle: RePEc:ags:cmpart:117805
    DOI: 10.22004/ag.econ.117805
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/117805/files/Joel%20thesis.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.117805?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ghosh, Madhusudan, 2000. "Cointegration Tests and Spatial Integration of Rice Markets in India," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 55(4), December.
    2. Christopher L. Delgado, 1986. "A Variance Components Approach to Food Grain Market Integration in Northern Nigeria," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(4), pages 970-979.
    3. Barry K. Goodwin & Ted C. Schroeder, 1991. "Cointegration Tests and Spatial Price Linkages in Regional Cattle Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 452-464.
    4. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May.
    5. Engle, Robert F. & Yoo, Byung Sam, 1987. "Forecasting and testing in co-integrated systems," Journal of Econometrics, Elsevier, vol. 35(1), pages 143-159, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:ers:journl:v:v:y:2017:i:2:p:69-82 is not listed on IDEAS
    2. Taufiq Marwa & Abdul Bashir & Azwardi & Mohamad Adam & K.M.H. Thamrin, 2017. "Market Integration of Agricultural Products," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 69-82.
    3. Tatiana Papiashvili & Svetlana Saksonova & Ramona Rupeika-Apoga, 2017. "FDI Attraction: Comparative Analysis of the Baltic States and Georgia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 81-93.
    4. repec:ers:ijebaa:v:v:y:2017:i:1:p:69-82 is not listed on IDEAS
    5. Oscar Ingasia Ayuya & Katrine Soma & Benson Obwanga, 2021. "Socio-Economic Drivers of Fish Species Consumption Preferences in Kenya’s Urban Informal Food System," Sustainability, MDPI, vol. 13(9), pages 1-15, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Diakosavvas, Dimitris, 1995. "How integrated are world beef markets? The case of Australian and U.S. beef markets," Agricultural Economics, Blackwell, vol. 12(1), pages 37-53, April.
    2. Agbo Josephine Nkechi & Okpukpara Benjamin C. & Ude Kingsley David & Udemba Klinsmann Uche, 2024. "Market Integration of Small-Scale Farms: Exploring the Bambara Groundnut Markets in Nigeria," Journal of Agriculture and Crops, Academic Research Publishing Group, vol. 10(1), pages 11-19, 01-2024.
    3. Ankamah-Yeboah, Isaac, 2012. "Spatial Price Transmission in the Regional Maize Markets in Ghana," MPRA Paper 49720, University Library of Munich, Germany.
    4. Jyotish Prakash Basu, 2010. "Efficiency in Wholesale, Retail and Village Markets," Journal of South Asian Development, , vol. 5(1), pages 85-111, April.
    5. Kuo, Chen-Yin, 2016. "Does the vector error correction model perform better than others in forecasting stock price? An application of residual income valuation theory," Economic Modelling, Elsevier, vol. 52(PB), pages 772-789.
    6. Madhusudan Ghosh, 2010. "Spatial Price Linkages in Regional Food Grain Markets in India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 4(4), pages 495-516, November.
    7. Myers, Robert J., 1994. "Time Series Econometrics and Commodity Price Analysis: A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 62(02), pages 1-15, August.
    8. Baiyegunhi, Lloyd & Sharaunga, Stanley & Dlangis, Sphelele & Ndaba, Nonkhululeko, 2018. "Tomato market integration: a case study of the Durban and Johannesburg fresh produce markets in south Africa," Journal of Agribusiness and Rural Development, University of Life Sciences, Poznan, Poland, vol. 49(3), March.
    9. Bala Arshanapalli & William Nelson, 2008. "A Cointegration Test To Verify The Housing Bubble," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 2(2), pages 35-43.
    10. Dahlgran, Roger A., 2000. "An Examination Of Futures Price Determination Through The Lens Of Market Integration," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36334, Western Agricultural Economics Association.
    11. Saran, Sandeep & Gangwar, L.S., 2008. "Analysis of Spatial Cointegration amongst Major Wholesale Egg Markets in India," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 21(2).
    12. Narayan, Seema & Smyth, Russell, 2015. "The financial econometrics of price discovery and predictability," International Review of Financial Analysis, Elsevier, vol. 42(C), pages 380-393.
    13. Baffes, John & Ajwad, Mohamed I., 1998. "Detecting price links in the world cotton market," Policy Research Working Paper Series 1944, The World Bank.
    14. Chitete, Moses & Mgomezulu, Wisdom & Bwanaisa, Mercy & Dzanja, Joseph, 2021. "Analysis of intra-region market integration and spatial price transmission in groundnut markets in Malawi," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 60(3), July.
    15. Patrick L. Hatzenbuehler & Philip C. Abbott & Tahirou Abdoulaye, 2017. "Price Transmission in Nigerian Food Security Crop Markets," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(1), pages 143-163, February.
    16. Varela, Gonzalo J., 2012. "Incomplete, slow, and asymmetric price transmission in ten product markets of Bolivia," Policy Research Working Paper Series 6291, The World Bank.
    17. Basu, Jyotish Prakash, 2006. "Cointegration and Market Integration: An Application to the Potato Markets in Rural West Bengal, India," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25705, International Association of Agricultural Economists.
    18. Phukubje, M.P. & Moholwa, Motlatjo B., 2006. "Testing for weak-form efficiency in South African futures market for wheat and sunflower seeds," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 45(2), pages 1-16, June.
    19. Rahman, Kazi Tamim & Akter, Morsalina & Miah, M.A. Monayem & Palash, M. Salauddin, 2020. "Livestock Market Integration And Price Dynamics In The United States," Bangladesh Journal of Agricultural Economics, Bangladesh Agricultural University, vol. 40(01&2), February.
    20. Madhusudan Ghosh, 2011. "Agricultural Policy Reforms And Spatial Integration Of Food Grain Markets In India," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 36(2), pages 15-37, June.

    More about this item

    Keywords

    Marketing;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:cmpart:117805. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.agriculturaleconomics.net .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.