PRICE VOLATILITY AND ELASTICITY MEASUREMENTS OF SOME FRUITS IN THREE SUPPLY CENTERS OF BRAZIL DURING THE PERIOD FROM 2017 AND 2021

Cindy Lee Cajachagua Pucuhuaranga; Risely Ferraz Almeida

Cindy Lee Cajachagua Pucuhuaranga ESALQ- USP
Risely Ferraz Almeida ESALQ- USP

Abstract

Fruits consumption has increased in recent years due to the predisposition of people to have a healthy diet, which includes the ingestion of fibers, vitamins and minerals present in Fruits. In Brazil, the five Fruits with highest consumption are: banana, oranges, apple, papaya, and watermelon. In this investigation we calculated the price volatility and the price elasticities measures (price elasticity of supply, price elasticity of demand or price inelasticity) of these five Fruits in three supply centers: CEAGESSP, CEASAMINAS, and CEASA/RJ and from 2017 to 2021. The results indicate that all the evaluated products had similar price volatility behavior or pattern from 2019 to 2021 in the three supply centers. Moreover, the year with higher instabilities of prices for banana, orange, apple, and watermelon were 2020. In addition, the result shows that price elasticity or inelasticity had independent behavior per supply center, however in this research we identified some periods of inelasticity where the price does not influence the quantity demanded or supplied of the evaluated product.

Keywords: Fruits; Price volatility; Elasticity of supply; Elasticity of demand; EIGEDIN.

Author Biographies

Cindy Lee Cajachagua Pucuhuaranga, ESALQ- USP

Graduated in Biology (Ricardo Palma University) and with an MBA in Agribusiness (ESALQ-USP).

Risely Ferraz Almeida, ESALQ- USP

Scientist with graduation in Agronomy (Universidade Estadual do Sudoeste da Bahia-UESB), Master (Universidade Federal de Uberlândia), Doctor (Universidade Estadual Paulista - UNESP; University of Minnesota) and Post-doc degree (Universidade de São Paulo - Escola Superior de Agricultura "Luiz de Queiroz") in Soil Science.