| Item type |
国際農研デフォルトアイテムタイプ（フル）(1) |
| 公開日 |
2024-05-30 |
| タイトル |
|
|
タイトル |
Financial analysis of private teak plantation investment in Thailand |
|
言語 |
en |
| 作成者 |
Pusudsavang, Arunee
Kalyawongsa, Suchat
Noda, Iwao
|
| アクセス権 |
|
|
アクセス権 |
open access |
|
アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 主題 |
|
|
主題 |
teak, private plantation, smallholder, financial analysis, profit |
| 内容記述 |
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|
内容記述タイプ |
Other |
|
内容記述 |
This study was to explore investment return of private teak plantations by financial analysis of data gathered from teak owners. The financial analysis was carried out to estimate NPV at 10% discount rate and IRR by 4 factors of log prices, yields, costs and rotation periods. This study designed teak plantation models with 2x4 meters spacing and cutting rotation at age 15, 22 and 30 years for analysis. We set low and high levels for the yield and cost factors, and used FIO and broker prices for the price factor in order to investigate profitability. In the field survey, the teak logs were mostly sold to brokers at lower price ranging from 1,900-11,000 Baht/m3. The broker prices were quite lower than FIO prices in terms of logs over 15-year-old. The results of financial analysis showed all positive NPV value and profitable, and yield and price were critical factors affecting profit of teak plantation investment. The brokers bought teak logs by volume or tree system, the price by tree got lower profits than by volume. Therefore, the private plantation owner must concern how to get high yield and price. The teak plantation should be selected on suitable site to reduce risk of investment. It was recommended that the appropriate rotation should be 20-25 years. However, the MAI was also another factor to be taken in consideration on rotation. If it was continuously increasing, it was suggested that the rotation could be extended. |
|
言語 |
en |
| 出版者 |
|
|
出版者 |
Japan International Research Center for Agricultural Sciences |
| 言語 |
|
|
言語 |
eng |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_3248 |
|
資源タイプ |
book part |
| 出版タイプ |
|
|
出版タイプ |
VoR |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| ID登録 |
|
|
ID登録 |
10.34556/0002000289 |
|
ID登録タイプ |
JaLC |
| 関連情報 |
|
|
関連タイプ |
isPartOf |
|
|
識別子タイプ |
DOI |
|
|
関連識別子 |
https://doi.org/10.34556/0002000273 |
|
|
関連名称 |
Approach to Sustainable Forestry of Indigenous Tree Species in Northeast Thailand |
| 収録物識別子 |
|
|
収録物識別子タイプ |
PISSN |
|
収録物識別子 |
1341-710X |
| 収録物識別子 |
|
|
収録物識別子タイプ |
NCID |
|
収録物識別子 |
AA11159468 |
| 書誌情報 |
en : JIRCAS Working Report : Approach to Sustainable Forestry of Indigenous Tree Species in Northeast Thailand
巻 74,
p. 75-81,
発行日 2012-03-30
|
jircas_working_report74-_75-81 (347KB)
