Carapa procera production cost and profitability in the Ziguinchor Region of Senegal

Abstract

Objective: Different parts of Carapa procera (leaves, fruits and seeds, bark, stems and roots) and its oil are used in the preparation of medicinal products for human and animal health. In this study, the cost and profitability of Carapa procera production were revealed. Materials and Methods: The material of the research was obtained from face-to-face surveys with 151 Carapa procera producers in 13 villages representing the Ziguinchor region. In the study, the production cost and profitability of Carapa procera were determined using the partial budget analysis method. Results: Variable and fixed costs in the total costs were accounted of 22.70% and 77.30%, respectively. As the Carapa land size increases, the production costs per decare increases. The highest costs were respectively determined as land rent (31.14%), capital interest (24.23%), depreciation (18.47%), oil cultivation (5.96%), tillage (4.97%) and others. The average gross profit per one liter oil in Carapa procera production was Fcaf 13805.57 and the gross profitability increased as the farm size increased. Conclusion: In order to reduce Carapa procera production costs and increase profitability, farm size should be increased. For this, subsidized loans should be provided to the farmers to increase their land size and to develop their facilities.