TITLE

Qualitative Factors Affecting the Price and Demand of Honey in Saudi Arabia

AUTHOR(S)
Zulail, Abdu; Ismaiel, Sobhy; Kahtani, Safar Al; Al-Ghamdi, Ahmad A.; Adgaba, Nuru
PUB. DATE
July 2014
SOURCE
Australian Journal of Basic & Applied Sciences;Jul2014, Vol. 8 Issue 10, p199
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This study was conducted to analyze the impact of quality factors on the price of honey in the Kingdom of Saudi Arabia. The data were collected from 343 retailers in addition to 331 consumers of seven major cities of Saudi Arabia; and analyzed using descriptive statistics, ANOVA and HPM. The result of the study revealed that locally produced honey such as Sidr, Sumra and Talh were preferable due to its quality. The most important quality characteristics of locally produced varieties of honey are good flora and attractive packaging, as they add a significant retail price premium to the base price. The premium is estimated to be SR11/kg. and SR8.5 kg. respectively. However, purity add insignificant price premium amounted to be SR 5.13/kg. Beekeeper are advised to carefully chose the type of flowers where their honeybees feed on, as it influences honey preference of the consumers. Marketing services, especially packaging is essential for honey marketing. Moreover, attractive packages is highly recommended as it increase honey retail price significantly. Beekeeper are advised to carefully chose the type of flowers where their bee hives feed on, this affect resultant honey variety with good smell. Marketing services, especially packaging is essential for honey marketing. Moreover, attractive packages is highly recommended as it increase honey retail price significantly
ACCESSION #
97368479

 

Related Articles

  • MAY - REGIONAL HONEY PRICE REPORT.  // Bee Culture;May2013, Vol. 141 Issue 5, p14 

    The article focuses on a poll regarding the honey prices, demand and production plans, and pollination in the 2013 spring. It states that the demand of the honey is expected to increase which will influence the price. It mentions that 46 percent of respondent does pollination every year and 34...

  • Entry restrictions and the determination of quality. Garcia-Fontes, Walter; Hopenhayn, Hugo // Spanish Economic Review;2000, Vol. 2 Issue 2, p105 

    Abstract. Entry restrictions are a common form of regulation in markets and occupations, either as a means of limiting the size of a market or affecting the quality of products or services provided by it. This paper analyzes demand, cost and informational characteristics that affect the impact...

  • Is “Generic Utility Theory” a Suitable Theory of Choice Behavior for Gambles with Mixed Gains and Losses? Chechile, Richard A.; Butler, Susan F. // Journal of Risk & Uncertainty;Mar2000, Vol. 20 Issue 2, p189 

    Miyamoto's (1988, 1992) generic utility theory (GUT) subsumes a broad class of bilinear utility models. Chechile and Cooke (1997) tested the GUT class of models and found model failure due to the systematic variation of a parameter that should be a positive constant across a range of contexts....

  • Beef demand - quality slipping. Ishmael, Wes // BEEF;Nov2006, Vol. 43 Issue 3, p10 

    The article focuses on beef demand that has plunged for 6 consecutive quarters, according to the data provided by the Retail Beef Demand Index. According to sources, the industry is not gaining much ground in providing consumers with the predictable eating experiences they crave, depending on...

  • Now playing at a home theater near you. Starzee, Bernadette // Long Island Business News (7/1993 to 5/2009);5/13/2005, Vol. 52 Issue 20, p4 

    Reports on the increase of the demand of home theaters in Long Island, New York. Assessment on the quality of the products; Prices of the items; Number of distributors.

  • Man Does Not Live By Bread Alone.  // Trends Magazine;May2012, Issue 109, p17 

    The article focuses on the factors that intensify the changes in the quantity and quality of that demand, and their implications. It mentions that two countries that will particularly influence demand for food will be India and China, due mainly to the sheer size of their populations. Moreover,...

  • Biological Vial: More than Just a Pretty Package. Degrazio, Fran // Pharmaceutical Executive;Feb2005, Vol. 25 Issue 2, p36 

    Provides information about the significance of biological containers in the American healthcare industry. Effects of packaging on the quality of the products; Reduction on the risks of toxicity; Increase on the demand of the products. INSET: FDA Guidance.

  • Terror concerns, new gadgets, keep RV sales up. Reich-Hale, David // Long Island Business News (7/1993 to 5/2009);8/6/2004, Vol. 51 Issue 33, p1 

    Reports on the increase of the demand of recreational vehicles in Long Island, New York. Affordability on the prices of the items; Expansion on the revenue growth of the firms; Assessment on the quality of the products.

  • Not so raw hide.  // Cabinet Maker;6/13/2008, Issue 5591, p22 

    The article provides information on leather-made products in Great Britain. It claims that leather is proving to be more than skin as it guarantees practical and innovative designs. It adds that leather products are in the position to produce great sales due to their high demand in the market....

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics