SECTION 4: Market and Market Opportunities
SECTION 4: Market and Market Opportunities
Gather and analyze data on prevailing prices for all VC segments (eg., farmgate, wholesale and retail prices whichever is applicable to the commodity and product forms).
Interpret the trends and include in the analysis the possible reasons for the increase/decrease in the price/value.
Discuss the implications of price trends on the industry and relative position of the region/province in the industry.
Compute for the annual growth rate (AAGR). Aside from AAGR analysis on interpreting price trends, we can consider using exponential smoothing to predict price trends specifically for commodities with very volatile prices over long term period.
Use 5-year data in presenting the trend as this shows more reliability.
Discussion: For Export Market Price Trends, assess or position the competitiveness of our country's price as compare to the world's average.
Discussion: For Domestic Market Price Trends, assess or position the competitiveness of the region's or province's price as compare to other regions/provinces.