ABSTRACT
The broad objective of this study
was to analyze the profitability and marketing efficiency of ware yarn trading
in Umuahia North Local Government Area of Abia State, Nigeria. Primary data
were collected for the study using a questionnaire from a random sample of 60
ware yarn marketers selected from Umuahia North Local Government area.
Descriptive statistics, farm budgetary technique and regression analysis were
used for data analysis. The result of this study showed that male engaged in
yam trading than their female counterparts. The marketers had several years of
experience. The farmers had limited access to credit. The selling price per
tuber of yarn is high in the area. Ware yarn trading is viable and profitable
in the study area with an average net income of N52, 023.73 per marketer per
month. The marketers are inefficient in their ware yam trading business.
Gender, age, education, marital status, number of dependency, market charges
and selling price influenced the profitability of ware yarn marketers in the
study area. Age, occupational status, years of farming experience, marital
status and household size, and income level of the respondents influenced
participation of marketers in ware yam trading in the study area. High cost of
transportation, easy perishability of ware yam on storage, ware yam price
fluctuation, high cost of shop, and lack of access to adequate loan/credit
among challenges constrained ware yarn trading in the study area. the study
recommend that an enabling environment should be created for ware yarn 'farmers
to access adequate credit facilities, cheap labour and other marketing services
that will better their marketing efficiency and enhance their profit.
OGBUJAH, E (2021). Analysis Of Profitability And Marketing Efficiency Of Ware Yam Trading In Umuahia North Local Government Area Of Abia State, Nigeria. Mouau.afribary.org: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/analysis-of-profitability-and-marketing-efficiency-of-ware-yam-trading-in-umuahia-north-local-government-area-of-abia-state-nigeria-7-2
EZIAIIA, OGBUJAH. "Analysis Of Profitability And Marketing Efficiency Of Ware Yam Trading In Umuahia North Local Government Area Of Abia State, Nigeria" Mouau.afribary.org. Mouau.afribary.org, 26 Jul. 2021, https://repository.mouau.edu.ng/work/view/analysis-of-profitability-and-marketing-efficiency-of-ware-yam-trading-in-umuahia-north-local-government-area-of-abia-state-nigeria-7-2. Accessed 24 Nov. 2024.
EZIAIIA, OGBUJAH. "Analysis Of Profitability And Marketing Efficiency Of Ware Yam Trading In Umuahia North Local Government Area Of Abia State, Nigeria". Mouau.afribary.org, Mouau.afribary.org, 26 Jul. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/analysis-of-profitability-and-marketing-efficiency-of-ware-yam-trading-in-umuahia-north-local-government-area-of-abia-state-nigeria-7-2 >.
EZIAIIA, OGBUJAH. "Analysis Of Profitability And Marketing Efficiency Of Ware Yam Trading In Umuahia North Local Government Area Of Abia State, Nigeria" Mouau.afribary.org (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/analysis-of-profitability-and-marketing-efficiency-of-ware-yam-trading-in-umuahia-north-local-government-area-of-abia-state-nigeria-7-2