International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

Frequency: 12
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 Volume 10, Issue 8 (August 2023), Pages: 78-90

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 Original Research Paper

Economic appraisal and strategic analysis of the onion industry in the Philippines

 Author(s): 

 Arjhel V. Domingo *

 Affiliation(s):

 College of Management and Business Technology-Entrepreneurship Department, Nueva Ecija University of Science and Technology, Cabanatuan City, Philippines

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0001-7359-1022

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2023.08.009

 Abstract:

This research undertakes a comprehensive evaluation of the economic dynamics within the onion industry, concentrating specifically on the prolific "Onion Basket of the Philippines" and its extension throughout Southeast Asia. Employing the value chain model as a methodological scaffold, the study meticulously dissects the intricate fabric of activities within this sector, aiming to pinpoint the exact operations that confer amplified value and competitive edge to this agricultural commodity. Through a meticulous selection process encompassing 360 agrarian participants, primarily sourced from the preeminent onion-producing municipalities of Nueva Ecija—namely, Bongabon, Gabaldon, and Laur—this investigation orchestrates an exhaustive scrutiny of the financial implications and returns. By comparing analyses across both traditional post-harvest marketing and the integration of cold storage infrastructure, the study unveils pronounced differentials. Evidently, the incorporation of cold storage resources precipitates substantial revenue escalation for farmers, in stark contrast to immediate post-harvest sales. However, the accompanying capital outlay affiliated with cold storage mandates judicious deliberation. Given the considerable financial connotations, this research underscores the imperativeness of establishing rigorous regulatory frameworks governing onion cold storage practices. Furthermore, acknowledging the intricate mesh of interests embedded within the onion value chain, it advocates heightened vigilance and stringent oversight concerning stakeholders. This multifaceted investigation, beyond contributing empirical authenticity, serves as a clarion call for prudent stewardship of this pivotal agricultural domain.

 © 2023 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: Cost and return analysis, Onion industry, Value chain model, Cold storage facilities, Competitive advantage

 Article History: Received 19 February 2023, Received in revised form 20 June 2023, Accepted 27 June 2023

 Acknowledgment 

No Acknowledgment.

 Compliance with ethical standards

 Ethical consideration

All processes used to analyze data sets from a specific source complied with ethical guidelines. The data sources are properly credited and listed in the reference section.

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Domingo AV (2023). Economic appraisal and strategic analysis of the onion industry in the Philippines. International Journal of Advanced and Applied Sciences, 10(8): 78-90

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 Figures

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