Analytical Study of the Economic Efficiency of the Production of Ornamental Plants in the Syrian Coast (Yucca Model)

International Journal of Agriculture & Environmental Science

© 2019 by SSRG - IJAES Journal

Volume 6 Issue 6

Year of Publication : 2019

Authors : Ziad Sarhil, Mahmoud Alio, Abdul Hadi Al-Rifai

10.14445/23942568/IJAES-V6I6P106

How to Cite?

Ziad Sarhil, Mahmoud Alio, Abdul Hadi Al-Rifai, "Analytical Study of the Economic Efficiency of the Production of Ornamental Plants in the Syrian Coast (Yucca Model)," SSRG International Journal of Agriculture & Environmental Science, vol. 6,  no. 6, pp. 37-43, 2019. Crossref, https://doi.org/10.14445/23942568/IJAES-V6I6P106

Abstract:

Due to the economic importance of ornamental plants (Yucca) as one of the most important or complementary crops, especially in the coastal strip, as one of the promising areas for the spread of this agriculture, the focus of this research was on the economic advantages and the material returns resulting from the cultivation of yucca in the Syrian coast, through the study of production costs and economic efficiency indicators, based on data
collected from the research community of 80 farmers, based on the determination of the cost of materials and wages prevailing market prices in 2018.
As a result of the study, the average annual net profit for the researcher of the plastic house planted of Yucca (2423046 SP / year), while the profitability factor compared to the capital invested was (63.9 %), compared to production costs which attained (94.2%).
The capital recovery period attained 1.5 years, and the index of economic efficiency was 1.94, which is bigger than the correct one (1), indicating the
feasibility of production of yucca plants in the coastal area.

Keywords:

ornamental plants- Yucca -Material Costs-Manpower Cost Economical Feasibility- Profitability Coefficient-Time of Capital Recovery.

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