Stability and Competitiveness in India's Rice Export Dynamics: A Decadal Markov Chain Analysis with Focus on Leading Producing States

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The growth rates for rice in India showed positive trends in area, production, and productivity.
The Cuddy Della Valle instability index indicated low instability, with Telangana and Odisha showing higher variabilities.
Markov chain predictions estimated U.S. rice exports to significantly dominate in 2025-26.
Findings suggest that agriculture continues to play a vital role in India's economy and food security.

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Markov chain analysis reveals stable rice export trends in India, suggesting significant market reliability.

Balaji et al. (2025) studied this question.

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