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Evaluation of profit and critical values in spinach production in the Republic of Serbia

Authors :
Subić Jonel
Kljajić Nataša
Grujić-Vučkovski Biljana
Source :
Ekonomija: teorija i praksa, Vol 16, Iss 3, Pp 25-40 (2023)
Publication Year :
2023
Publisher :
University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia, 2023.

Abstract

The subject of this research paper is the evaluation of spinach's (Spinacia oleracea L.) production profitability, given that spinach is an important vegetable species for human nutrition and health. The research started with an overview of spinach production worldwide and in the European Union in the past ten years (2012-2021). The Statistical Office of the Republic of Serbia (SORS) does not monitor the production and yield of spinach as a separate vegetable species, so comparison between Serbia and other world countries is not possible. Therefore, the paper analyzes the values of spinach exports and imports in Serbia. In the end, the evaluation of profit and critical values is given on the example of open field spinach production by an agricultural producer in the area of AP Vojvodina, in the South Banat district. The analysis of achieved profit was made based on the calculation of spinach production for one production cycle (autumn sowing 2021/harvest 2022) on an area of 1ha. The achieved results show that the production of spinach in this district is profitable, and the financial result is positive.

Details

Language :
Serbian
ISSN :
22175458 and 26200228
Volume :
16
Issue :
3
Database :
Directory of Open Access Journals
Journal :
Ekonomija: teorija i praksa
Publication Type :
Academic Journal
Accession number :
edsdoj.4d0716da7e984fb2b16a43c7197445c8
Document Type :
article
Full Text :
https://doi.org/10.5937/etp2303025S