ISBN: - 978-93-88936-09-5 DOMESTIC SCENARIO Production and Consumption Trend of NR The NR production in the country is not sufficient to meet the growing consumption requirements of the domestic manufacturing industry. To ascertain the significant difference between, production and consumption of NR in India from 2001-02 to 2014-15, paired sample and correlation are administered. The resultant mean and standard deviation are also presented under the table Table 3.7 Year 2001‐02 2002‐03 2003‐04 2004‐05 2005‐06 2006‐07 2007‐08 2008‐09 2009‐10 2010‐11 2011‐12 2012- 13 2013- 14 2014-15 Total Mean Std.Dev Correlation Paired sample 2.4 Production (in tonnes) 631,400 649,435 711,650 749,665 802,625 852,895 825,345 864,500 831,400 861,950 903,700 913,700 844000 645000 11087265 791948 97112 0 .589 2tailed 0 .31 NA Source: NMCE Natural Rubber- 2014-15. From the above table, it is clear that, there is a positive relationship between production and consumption of NR. India’s natural rubber production has been increasing steadily over the past decade. The production grew at the rate of 4.8 per cent in the year 2011‐12 and it decline gradually from the year 2013-14 till the study period. Consumption too has been rising steadily. It grew at the rate of 2.8 per cent in 2014‐15. Consumption grew from 525 thousand tonnes in 1995‐96 to 1021 thousand tonnes in 2014‐15. The above table shows that output of the Mean and Standard Deviation. It is noted from the table 3.7 that the mean value for the production of rubber is 791948 tonnes, and consumption of rubber is 855790 tonnes and the standard deviation value are 97112 tonnes and 120512tonnes respectively. 79 Production and Consumption Trend of NR Production Growth rate 0.2% 2.9% 9.6% 5.3% 7.1% 6.3% ‐3.2% 4.7% ‐3.8% 3.7% 4.8% 3.7% -4.5% -3.8% Consumption (in tonnes) 638,210 695,425 719,600 755,405 801,110 820,305 861,455 871,720 930,565 947,715 964,415 972,705 981,520 1020910 11981060 855790 120512 Consumption Growth rate 1.1% 9.0% 3.5% 5.0% 6.1% 2.4% 5.0% 1.2% 6.8% 1.8% 1.8% 2.0% 2.8% 2.8%
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