AN ECONOMIC ASSESSMENT OF SUPER HIGH DENSITY PLANTING SYSTEM OF OLIVE TREES IN GREECE
In this analysis, four years data from six olive orchards established in 2006 in different areas across Greece were used. The reference period of the analysis was set at 20 years, equal to the supposed economic life of the super high density planting system. To assess the economic profitability of the system, inputs and outputs of the orchards, cost of orchards establishment and trees pruning and training as well operating and orchard maintenance cost were assessed. The analysis has shown that the high initial investment cost of this system is fully repaid in 5 years and 8 months. The production cost per kilo of olive oil was 1/3 of the production cost of extensive culture system due to lower operating costs coming from the complete mechanization of pruning and harvesting which can greatly increase business profit. Also, the requirements of trees to water and nutrients (N. P, K) were lower than other crops such as cotton and corn.
Papachatzis, A., Kalorizou, H. and Arvanitis, T. (2013). AN ECONOMIC ASSESSMENT OF SUPER HIGH DENSITY PLANTING SYSTEM OF OLIVE TREES IN GREECE. Acta Hortic. 981, 225-229
economic profitability, cash flow rate, Arbequina i-18, Arbosana i-43, Koroneiki i-38, olive cultivars