Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional da UNESP |
Texto Completo: | http://hdl.handle.net/11449/246107 |
Resumo: | Beekeeping can be an alternative source of income for family farmers and, thereby, it can help to improve local development in a sustainable way. However, it requires specialized knowledge on technical and productive levels. In this sense, can there be an implementation of a project for the production of honey and propolis that configures a feasible alternative for sustainable rural development? This study aimed to analyze the financial, economic, and risk viability for the implementation of a project focused on beekeeping activity. The research took place in the city of Taquaritinga, in the countryside of the state of São Paulo (Brazil). This work is characterized as a case study with an exploratory approach, carried out through quantitative data from real scenarios (optimistic-10%) and pessimistic--10%), through the liquid revenue of a beekeeper. The project analysis used economic viability indicators such as: Net Present Value (NPV), Internal Rate of Return (IRR) and Payback. The financial analysis was carried out through a Cash Flow (CF), a Profitability Index (PI) and a risk analysis via Monte Carlo Simulation (MCS). The results showed that investment in beekeeping is feasible in all scenarios. In the real scenario, net revenue was US$ 1,424.00/year, Pavback 2.1/year, VPL US$ 3,810.62, and IRR 47%; in the pessimistic scenario, net income was $1,219.00, Payback 2.5/year, VPL $2,915.71, and IRR 38%, and in the optimistic scenario, net revenue was $1,628.00/year, Payback 1.9/year, VPL $4,734.26, and IRR 56%.Finally, IP was 1.19. Risk analysis mentioned a level of certainty that the probability occurs in all scenarios greater than 67%, since the results were higher than the Minimum Rate of Attractiveness (MRA). |
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Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, BrazilCash flowEconomic viabilityInvestmentRisk analysisScenario analysisBeekeeping can be an alternative source of income for family farmers and, thereby, it can help to improve local development in a sustainable way. However, it requires specialized knowledge on technical and productive levels. In this sense, can there be an implementation of a project for the production of honey and propolis that configures a feasible alternative for sustainable rural development? This study aimed to analyze the financial, economic, and risk viability for the implementation of a project focused on beekeeping activity. The research took place in the city of Taquaritinga, in the countryside of the state of São Paulo (Brazil). This work is characterized as a case study with an exploratory approach, carried out through quantitative data from real scenarios (optimistic-10%) and pessimistic--10%), through the liquid revenue of a beekeeper. The project analysis used economic viability indicators such as: Net Present Value (NPV), Internal Rate of Return (IRR) and Payback. The financial analysis was carried out through a Cash Flow (CF), a Profitability Index (PI) and a risk analysis via Monte Carlo Simulation (MCS). The results showed that investment in beekeeping is feasible in all scenarios. In the real scenario, net revenue was US$ 1,424.00/year, Pavback 2.1/year, VPL US$ 3,810.62, and IRR 47%; in the pessimistic scenario, net income was $1,219.00, Payback 2.5/year, VPL $2,915.71, and IRR 38%, and in the optimistic scenario, net revenue was $1,628.00/year, Payback 1.9/year, VPL $4,734.26, and IRR 56%.Finally, IP was 1.19. Risk analysis mentioned a level of certainty that the probability occurs in all scenarios greater than 67%, since the results were higher than the Minimum Rate of Attractiveness (MRA).Agricultural Engineering from the (UNICAMP) São Paulo State University (UNESP), Domingos da Costa Lopes, 780, Jardim Itaipu, SPTechnologist in System Analysis from the (FATEC) São Paulo State College (FATEC), Av. Dr. Flávio Henrique Lemos, 585, SPProduction Engineering from the (UFSCar) São Paulo State University (UNESP), Domingos da Costa Lopes, 780, Jardim Itaipu, SPAgricultural Engineering from the (UNICAMP) São Paulo State University (UNESP), Domingos da Costa Lopes, 780, Jardim Itaipu, SPProduction Engineering from the (UFSCar) São Paulo State University (UNESP), Domingos da Costa Lopes, 780, Jardim Itaipu, SPUniversidade Estadual Paulista (UNESP)São Paulo State College (FATEC)de Amorim, Fernando Rodrigues [UNESP]Alves, Marcos RafaelSilva, Saulo AndréPigatto, Gessuir [UNESP]2023-07-29T12:31:52Z2023-07-29T12:31:52Z2022-01-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article307-329Custos e Agronegocio, v. 18, n. 1, p. 307-329, 2022.1808-2882http://hdl.handle.net/11449/2461072-s2.0-85140099930Scopusreponame:Repositório Institucional da UNESPinstname:Universidade Estadual Paulista (UNESP)instacron:UNESPengCustos e Agronegocioinfo:eu-repo/semantics/openAccess2023-07-29T12:31:52Zoai:repositorio.unesp.br:11449/246107Repositório InstitucionalPUBhttp://repositorio.unesp.br/oai/requestopendoar:29462023-07-29T12:31:52Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)false |
dc.title.none.fl_str_mv |
Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil |
title |
Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil |
spellingShingle |
Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil de Amorim, Fernando Rodrigues [UNESP] Cash flow Economic viability Investment Risk analysis Scenario analysis |
title_short |
Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil |
title_full |
Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil |
title_fullStr |
Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil |
title_full_unstemmed |
Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil |
title_sort |
Sustainable performance of honey and propolis production in the countryside of the State of São Paulo, Brazil |
author |
de Amorim, Fernando Rodrigues [UNESP] |
author_facet |
de Amorim, Fernando Rodrigues [UNESP] Alves, Marcos Rafael Silva, Saulo André Pigatto, Gessuir [UNESP] |
author_role |
author |
author2 |
Alves, Marcos Rafael Silva, Saulo André Pigatto, Gessuir [UNESP] |
author2_role |
author author author |
dc.contributor.none.fl_str_mv |
Universidade Estadual Paulista (UNESP) São Paulo State College (FATEC) |
dc.contributor.author.fl_str_mv |
de Amorim, Fernando Rodrigues [UNESP] Alves, Marcos Rafael Silva, Saulo André Pigatto, Gessuir [UNESP] |
dc.subject.por.fl_str_mv |
Cash flow Economic viability Investment Risk analysis Scenario analysis |
topic |
Cash flow Economic viability Investment Risk analysis Scenario analysis |
description |
Beekeeping can be an alternative source of income for family farmers and, thereby, it can help to improve local development in a sustainable way. However, it requires specialized knowledge on technical and productive levels. In this sense, can there be an implementation of a project for the production of honey and propolis that configures a feasible alternative for sustainable rural development? This study aimed to analyze the financial, economic, and risk viability for the implementation of a project focused on beekeeping activity. The research took place in the city of Taquaritinga, in the countryside of the state of São Paulo (Brazil). This work is characterized as a case study with an exploratory approach, carried out through quantitative data from real scenarios (optimistic-10%) and pessimistic--10%), through the liquid revenue of a beekeeper. The project analysis used economic viability indicators such as: Net Present Value (NPV), Internal Rate of Return (IRR) and Payback. The financial analysis was carried out through a Cash Flow (CF), a Profitability Index (PI) and a risk analysis via Monte Carlo Simulation (MCS). The results showed that investment in beekeeping is feasible in all scenarios. In the real scenario, net revenue was US$ 1,424.00/year, Pavback 2.1/year, VPL US$ 3,810.62, and IRR 47%; in the pessimistic scenario, net income was $1,219.00, Payback 2.5/year, VPL $2,915.71, and IRR 38%, and in the optimistic scenario, net revenue was $1,628.00/year, Payback 1.9/year, VPL $4,734.26, and IRR 56%.Finally, IP was 1.19. Risk analysis mentioned a level of certainty that the probability occurs in all scenarios greater than 67%, since the results were higher than the Minimum Rate of Attractiveness (MRA). |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-01-01 2023-07-29T12:31:52Z 2023-07-29T12:31:52Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
Custos e Agronegocio, v. 18, n. 1, p. 307-329, 2022. 1808-2882 http://hdl.handle.net/11449/246107 2-s2.0-85140099930 |
identifier_str_mv |
Custos e Agronegocio, v. 18, n. 1, p. 307-329, 2022. 1808-2882 2-s2.0-85140099930 |
url |
http://hdl.handle.net/11449/246107 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Custos e Agronegocio |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
307-329 |
dc.source.none.fl_str_mv |
Scopus reponame:Repositório Institucional da UNESP instname:Universidade Estadual Paulista (UNESP) instacron:UNESP |
instname_str |
Universidade Estadual Paulista (UNESP) |
instacron_str |
UNESP |
institution |
UNESP |
reponame_str |
Repositório Institucional da UNESP |
collection |
Repositório Institucional da UNESP |
repository.name.fl_str_mv |
Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP) |
repository.mail.fl_str_mv |
|
_version_ |
1797790332537012224 |