Market Survey Project

ECONOMIC SURVEY REPORT

INTRODUCTION OF TEAM & PRODUCT

FOR PRICE FLUCTUATION REPORT:MUHAMMAD AHMEDStudent ID : 10925Status : LeaderMarket : Hyderi MarketProduct : Potato, Onion, Tomato, Carrot

SHAMS UD DINStudent ID : 15892Status : MemberMarket : SITE,Metrovile MarketProduct : Apple, Banana,pomegranate,grapes.

INTRODUCTION OF TEAM & PRODUCT

FOR PRICE COMPARATIVE REPORT:NOOR ZAMAN

Student ID : 10931Status : MemberMarket : Orangi, Iqbal MarketProduct : Potato, Fish (Rahu)Chicken, Tomato

MUHAMMAD FASIH

Student ID : 11002Status :Market : Nazimabad, Gol MarketProduct :Potato, Fish (Rao)Chicken, Tomato

PRICE FLUCTUATION• Introduction Of Market• Survey & Chart• Market Comparison• Recommendations• Conclusion

MARKET INTRODUCTIONFOR PRICE FLUCTUATION REPORT

Hyderi Market VS SITE, Metroville Market Status: Retailer Market Status: Retailer Market

SURVEY FOR PRICE FLUCTUATION

Survey No.

Survey Date

Price Per Kg

% Change in price

1 22-10-2015 25 0%

2 27-10-2015 20 -20%

3 1-11-2015 20 0%

4 6-11-2015 25 25%

5 11-11-2015 30 20%

6 16-11-2015 30 0%

Ahmed’s SurveyPotato

1 2 3 4 5 60

5

10

15

20

25

30

0

0


Survey No.

Survey Date

Price Per Kg

% Change in price

1 22-10-2015 50 0%

2 27-10-2015 60 20%

3 1-11-2015 60 0%

4 6-11-2015 70 16.67%

5 11-11-2015 70 0%

6 16-11-2015 70 0%

Ahmed’s SurveyOnion

1 2 3 4 5 60

10

20

30

40

50

60

70

No. of survays

0


Survey No.

Survey Date

Price Per Kg

% Change in price

1 22-10-2015 120 0%

2 27-10-2015 100 -16.67%

3 1-11-2015 100 0%

4 6-11-2015 100 0%

5 11-11-2015 80 -20%

6 16-11-2015 80 0%

Ahmed’s SurveyTomato

1 2 3 4 5 60

20

40

60

80

100

120

0


Survey No.

Survey Date

Price Per Kg

% Change in price

1 22-10-2015 50 0%

2 27-10-2015 50 0%

3 1-11-2015 60 20%

4 6-11-2015 60 0%

5 11-11-2015 80 33.33%

6 16-11-2015 60 -33.33%

Ahmed’s SurveyCarrot

1 2 3 4 5 60

10

20

30

40

50

60

70

80

0

REASONSREASONS FOR PRICE FLUCTUATION IN VEGETABLE COMMODITIES.

• One of main reason of fluctuation in price is effect of demand and supply.

• Demand and supply also depend on weather conditions.

• Cost of seeds ,fertilizers, cost of labor also depends.

• Export factor.

• Impact of transportation cost.

• Lack of usage of technology.

• Production methods also depends.

RECOMENDATIONS• GOVERNMENT SHOULD PLAY VITAL ROLE IN MAKING THE PRICE

STABLE .

• GOVERNMENT SHOULD MAKE THE PRODUCERS AWARE OF WEATHER CONDITIONS.

• COST OF INPUT MUST BE LESS.

• GOVERNMENT SHOULD INTERFERE IN EXPORTING EXCESS COMMODITIES.

• GOVERNMENT SHOULD GIVE CONCESSIONS IN TRANSPORTING COMMODITIES.

• PRODUCERS MUST LEARN MODERN TECHNIQUES AND METHODS.


Survey No.

Survey Date

Price Per Kg

% Change in price

1 22-10-2015 80 0%

2 27-10-2015 100 25%

3 1-11-2015 120 20%

4 6-11-2015 120 0%

5 11-11-2015 100 -20%

6 16-11-2015 100 0%

Shams ud din’s SurveyApple

1 2 3 4 5 60

20

40

60

80

100

120

0


Survey No.

Survey Date

Price Per Kg

% Change in price

1 22-10-2015 40 0%

2 27-10-2015 50 25%

3 1-11-2015 50 0%

4 6-11-2015 50 0%

5 11-11-2015 60 20%

6 16-11-2015 60 0%

Shams ud din’s SurveyBanana

1 2 3 4 5 60

10

20

30

40

50

60

0


Survey No.

Survey Date

Price Per Kg

% Change in price

1 22-10-2015 100 0%

2 27-10-2015 100 0%

3 1-11-2015 120 20%

4 6-11-2015 120 0%

5 11-11-2015 150 25%

6 16-11-2015 150 0%

Shams ud din’s SurveyGrapes

1 2 3 4 5 60

20

40

60

80

100

120

140

160

0


Survey No.

Survey Date

Price Per Kg

% Change in price

1 22-10-2015 140 0%

2 27-10-2015 140 0%

3 1-11-2015 150 7.14%

4 6-11-2015 140 -7.14%

5 11-11-2015 140 0%

6 16-11-2015 150 7.14%

Shams ud din’s Surveypomegranate

1 2 3 4 5 6134

136

138

140

142

144

146

148

150

0

REASONSREASONS FOR PRICE FLUCTUATION IN FRUITS.

• Increase in rates of diesel and petroleum.

• Constantly varying demand and supply makes the price fluctuate.

• Despite of huge decline in the prices at the wholesale market, retailers were charging more than double the actual price in Gizri Market.

• Reason of high price charging by retailers was huge distance from the wholesale market.

• Pakistan remains self sufficient in production of fruits, vegetables and rice and exports them as country does not posses sufficient storages and fruits get perished if not exported. This creates shortage and increase in price.

RECOMENDATIONS• Government should appoint regulatory authorities to regulate

price and remove all the inefficiencies in market• We also recommend that sensitive products like PETROL must be

price controlled.• Government should take steps to revive Agriculture and Fish

Farms.• Rather exporting our own goods we should deliver the fresh and

high quality products produced in our country to our people.• The distance between whole sale market and retail markets should

be removed.• The government must allocate more funds in the budget for

development of farm-to-market roads & loans too.

CONCLUSION• When the income of consumer is low

the demand decreased.• At the start of the season prices are

quite unstable.• The income of consumer is not

increasing while prices are.• Quality compromizes results price

fluctuation.

PRICE COMPARATIVE REPORT

• Introduction Of Market• Survey & Chart• Market Comparison• Recommendations• Conclusion

MARKET INTRODUCTIONFOR PRICE COMPARATIVE REPORT

Orangi, Iqbal Market Vs Nazimabad, Gol MarketStatus : Retailer Market Status : Retailer Market

SURVEY FOR PRICE COMPARATIVE

Survey No.

Survey Date

Price Per Kg.

% Change in Price

01 22-10-2015 20 0%

02 27-10-2015 20 0%

03 1-11-2015 20 0%

04 6-11-2015 18 -10%

05 11-11-2015 18 0%

06 16-11-2015 20 11.11%

Survey No.

Survey Date

Price Per Kg.

% Change in Price

01 22-10-2015 24 0%

02 27-10-2015 24 0%

03 1-11-2015 22 8.33%

04 6-11-2015 22 0%

05 11-11-2015 24 9.09%

06 16-11-2015 24 0%

POTATO POTATO

NOOR ZAMAN’S SURVEYOrangi, Iqbal Market

MUHAMMAD FASIH’ SURVEYNazimabad, Gol Market

SURVEY FOR PRICE COMPARATIVEPRICE COMPARATIVE CHART FOR POTATO

Survey 1 Survey 2 Survey 3 Survey 4 Survey 5 Survey 60

5

10

15

20

25

Orangi, Iqbal MarketPriceNazimabad, Gol MarketPrice


Survey No.

Survey Date

Price Per Kg.

% Change in Price

01 22-10-2015 320 0%

02 27-10-2015 350 9.38%

03 1-11-2015 350 0%

04 6-11-2015 370 5.71%

05 11-11-2015 370 0%

06 16-11-2015 400 8.11%

Survey No.

Survey Date

Price Per Kg.

% Change in Price

01 22-10-2015 350 0%

02 27-10-2015 380 8.57%

03 1-11-2015 400 5.26%

04 6-11-2015 420 5%

05 11-11-2015 450 7.14%

06 16-11-2015 500 11.11%

FISH (RAHU) FISH (RAHU)



SURVEY FOR PRICE COMPARATIVEPRICE COMPARATIVE CHART FOR FISH (RAHU)

Survey 1

Survey 2

Survey 3

Survey 4

Survey 5

Survey 6

050

100150200250300350400450500



Survey No.

Survey Date

Price Per Kg.

% Change in Price

01 22-10-2015 180 0%

02 27-10-2015 190 5.56%

03 1-11-2015 200 5.26%

04 6-11-2015 180 -10%

05 11-11-2015 190 5.56%

06 16-11-2015 200 5.26%

Survey No.

Survey Date

Price Per Kg.

% Change in Price

01 22-10-2015 200 0%

02 27-10-2015 200 0%

03 1-11-2015 220 10%

04 6-11-2015 200 -10%

05 11-11-2015 200 0%

06 16-11-2015 220 10%

CHICKEN CHICKEN



SURVEY FOR PRICE COMPARATIVEPRICE COMPARATIVE CHART FOR CHICKEN

Survey 1

Survey 2

Survey 3

Survey 4

Survey 5

Survey 6

0

50

100

150

200

250



Survey No.

Survey Date

Price Per Kg.

% Change in Price

01 22-10-2015 100 0%

02 27-10-2015 90 -10%

03 1-11-2015 100 10%

04 6-11-2015 80 -20%

05 11-11-2015 80 0%

06 16-11-2015 60 -20%

Survey No.

Survey Date

Price Per Kg.

% Change in Price

01 22-10-2015 120 0%

02 27-10-2015 100 -16.67%

03 1-11-2015 100 0%

04 6-11-2015 90 10%

05 11-11-2015 90 0%

06 16-11-2015 70 22.22%

TOMATO TOMATO



SURVEY FOR PRICE COMPARATIVEPRICE COMPARATIVE CHART FOR TOMATO

Survey 1

Survey 2

Survey 3

Survey 4

Survey 5

Survey 6

0

20

40

60

80

100

120


MARKET COMPARISONThe charts and the price table clearly shows how the two markets differ from each other.

Orangi, Iqbal Market

• Middle Class & Lower Middle Class Living people.• Market Cover high populated area.• Normal & low income consumer.• Market Price is reasonable.

MARKET COMPARISON

Nazimabad, Gol Market

• Uper Middle Class & Middle Class Living People.• As Compare to Iqbal Market , Gol market not

cover high populated area.• High Income & Normal income consumer.• Market price is bit high from Iqbal market.

RECOMMENDATIONSThe following are the recommendations we suggest after comparison of both markets:

• Government authorities should also commence a bench to monitor prices.

• Consumers should make sure that they are aware of other market rates to, so that they must know how to bargain for the right price.

• There must be a market list placed on all the markets which must be same.

CONCLUSION

• We have learned that how price changes with quantity demanded.

• We saw that different other factors they might be consumer income, locality etc they affect prices too in their own way.

• We also learned that how weather effect in demand products & price tend to increase.

EXPERIENCE

Muhammad Ahmed:

Shams ud din:

Noor Zaman: I learned a lot of from this project. This project help me developing the market and economical knowledge.

Muhammad Fashi: I had a good experience of having market knowledge thorough this project.

Documents

Market Survey Project