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Potential and Return of Aromatic Coconut Planting Compare with Oil Palm Planting in Surat Thani, Thailand |
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| รหัสดีโอไอ | |
| Title | Potential and Return of Aromatic Coconut Planting Compare with Oil Palm Planting in Surat Thani, Thailand |
| Creator | Buntarika Jaikrajang |
| Contributor | Suraphon Thitithanakul |
| Publisher | คณะบริหารธุรกิจ เศรษฐศาสตร์และการสื่อสาร มหาวิทยาลัยนเรศวร |
| Publication Year | 2561 |
| Keyword | Economic Potential, Cost and Return, Aromatic Coconut, Oil Palm, Thailand |
| Abstract | This study analyzed potential and return of aromatic coconut planting by comparing with oil palm. Orchardists and farmers were selected by the purposive random sampling method. In-depth interview was performed during July 2016-March 2017. Findings revealed that aromatic coconut had an economic potential for planting in Tarpi River floodplain area. Return analysis was carried out by assuming that the harvesting period of both crops was 30 years with a 10% discount rate, and the land area for planting was 10 rai/family. The result showed that aromatic coconut had NPV 1,619,999 THB, IRR 28.9%, and the payback period was 3 years and 8 months from the first harvested year. The return of aromatic coconut planting was higher than that of the oil palm which had NPV and IRR of 997,034 THB and 20.7%, respectively. The payback period of oil palm planting was 4 years and 11 months. Therefore, finding suggested that aromatic coconut had economic potential in terms of costs and return. |
| Language | ENG |
| URL Website | http://www.bec.nu.ac.th/becic2018/ |
| Website title | BECIC2018 |
