Year 2021, Volume 5 , Issue 1, Pages 59 - 64 2021-06-30

Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey

Bahri KARLI [1] , Zehra DEMİR [2] , Mevlüt GÜL [3] , Bektaş KADAKOĞLU [4]


This study aims to determine the production costs and profitability of the enterprises producing thyme in Denizli province. Denizli province was chosen as the research area because Turkey was an important region for the production of thyme. The study’s data were determined by the stratified random sampling method and obtained by the survey method from 58 enterprises producing thyme in Pamukkale district of Denizli province. The production data set includes data for 2019. According to the research findings, the average production cost per decare was calculated to be 577.66 TRY. The share of variable costs was 59.67% within the production costs, and the share of fixed costs was 40.33%. It was determined that the yield per decare was 144.48 kg, and the unit sale price of thyme was 7.04 TRY. The gross production value (GPV) of thyme in the region was calculated as 686.45 TRY/da, gross profit 353.69 TRY/da, and net profit 128.79 TRY/da. The unit cost of thyme in the region was 3.86 TRY and its net profit was 3.18 TRY. The relative profit was determined as 1.23 unit. As a result of the research, as the enterprises’ size increases, the yield per decare, fixed, and variable costs decreased. The profitability ratios decreased by the size groups of the enterprises.
Thyme, Economic analysis, Production cost, Profitability, Denizli
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Primary Language en
Subjects Agricultural Economics And Policy
Journal Section Original Papers
Authors

Orcid: 0000-0001-9734-1781
Author: Bahri KARLI (Primary Author)
Institution: ısparta uygulamalı bilimler üniversitesi
Country: Turkey


Orcid: 0000-0002-8888-2161
Author: Zehra DEMİR
Institution: Isparta University of Applied Sciences, Faculty of Agriculture, Department of Agricultural Economics
Country: Turkey


Orcid: 0000-0002-0147-7228
Author: Mevlüt GÜL
Institution: Isparta University of Applied Sciences, Faculty of Agriculture, Department of Agricultural Economics
Country: Turkey


Orcid: 0000-0002-3810-1718
Author: Bektaş KADAKOĞLU
Institution: Isparta University of Applied Sciences, Faculty of Agriculture, Department of Agricultural Economics
Country: Turkey


Dates

Application Date : January 6, 2021
Acceptance Date : March 30, 2021
Publication Date : June 30, 2021

Bibtex @research article { ijafls846766, journal = {International Journal of Agriculture Forestry and Life Sciences}, issn = {}, eissn = {2602-4381}, address = {}, publisher = {Volkan OKATAN}, year = {2021}, volume = {5}, pages = {59 - 64}, doi = {}, title = {Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey}, key = {cite}, author = {Karlı, Bahri and Demir, Zehra and Gül, Mevlüt and Kadakoğlu, Bektaş} }
APA Karlı, B , Demir, Z , Gül, M , Kadakoğlu, B . (2021). Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey . International Journal of Agriculture Forestry and Life Sciences , 5 (1) , 59-64 . Retrieved from https://dergipark.org.tr/en/pub/ijafls/issue/60445/846766
MLA Karlı, B , Demir, Z , Gül, M , Kadakoğlu, B . "Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey" . International Journal of Agriculture Forestry and Life Sciences 5 (2021 ): 59-64 <https://dergipark.org.tr/en/pub/ijafls/issue/60445/846766>
Chicago Karlı, B , Demir, Z , Gül, M , Kadakoğlu, B . "Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey". International Journal of Agriculture Forestry and Life Sciences 5 (2021 ): 59-64
RIS TY - JOUR T1 - Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey AU - Bahri Karlı , Zehra Demir , Mevlüt Gül , Bektaş Kadakoğlu Y1 - 2021 PY - 2021 N1 - DO - T2 - International Journal of Agriculture Forestry and Life Sciences JF - Journal JO - JOR SP - 59 EP - 64 VL - 5 IS - 1 SN - -2602-4381 M3 - UR - Y2 - 2021 ER -
EndNote %0 International Journal of Agriculture Forestry and Life Sciences Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey %A Bahri Karlı , Zehra Demir , Mevlüt Gül , Bektaş Kadakoğlu %T Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey %D 2021 %J International Journal of Agriculture Forestry and Life Sciences %P -2602-4381 %V 5 %N 1 %R %U
ISNAD Karlı, Bahri , Demir, Zehra , Gül, Mevlüt , Kadakoğlu, Bektaş . "Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey". International Journal of Agriculture Forestry and Life Sciences 5 / 1 (June 2021): 59-64 .
AMA Karlı B , Demir Z , Gül M , Kadakoğlu B . Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey. Int J Agric For Life Sci. 2021; 5(1): 59-64.
Vancouver Karlı B , Demir Z , Gül M , Kadakoğlu B . Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey. International Journal of Agriculture Forestry and Life Sciences. 2021; 5(1): 59-64.
IEEE B. Karlı , Z. Demir , M. Gül and B. Kadakoğlu , "Economic Analysis of Thyme Production: A Case Study of Denizli Province, Turkey", International Journal of Agriculture Forestry and Life Sciences, vol. 5, no. 1, pp. 59-64, Jun. 2021