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Economics and Marketing of Olive in Punjab, Pakistan

Author

Listed:
  • Shoaib Akhtar
  • Muhammad Ashraf Sumrah
  • Muhammad Faisal
  • Muhamad Jan
  • Muahmmad Ramzan Anser
  • Muhammad Azhar Iqbal
  • Hasnain Nawaz
  • Muhammad Rafique

Abstract

The recent re-emergence of agrarian crises in Punjab has again drawn the attention of policymakers towards the viability of alternative crops. In this context, the study attempts production and marketing of one of the alternatives and viable crops (i.e., Olive) considered for the farmers in Punjab, Pakistan. The study was carried out in the Pothwar region of Punjab, and a total of 100 farmers were interviewed from four districts of Pothwar. The study results revealed that olive is a profitable crop since the benefit-cost ratio, net present value, and internal rate of return at a 10% rate of discount were 2.20, Rs. 263,338.00, and 31%, respectively. The findings also revealed that the channel with the least number of intermediaries was more efficient than the channels with more intermediaries. The study suggested that to take advantage of this new crop, controlled marketplaces with improved marketing facilities are needed to allow farmers to minimize their transport costs and achieve better prices for their products. Besides, linking fresh produce with agro-processing industries can go a long way in ensuring the returns from this crop.

Suggested Citation

  • Shoaib Akhtar & Muhammad Ashraf Sumrah & Muhammad Faisal & Muhamad Jan & Muahmmad Ramzan Anser & Muhammad Azhar Iqbal & Hasnain Nawaz & Muhammad Rafique, 2021. "Economics and Marketing of Olive in Punjab, Pakistan," Journal of Economic Impact, Science Impact Publishers, vol. 3(3), pages 202-208.
    • Handle: RePEc:adx:journl:v:3:y:2021:i:3:p:202-208
    DOI: 10.52223/jei3032110
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    References listed on IDEAS

    as
    1. Gupta, G. S. & George, P. S., 1974. "Profitability of Nagpur Santra (Oranges) Cultivation," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 29(3), July.
    2. Shoaib Akhtar & Azhar Abbas & Muhammad Amjed Iqbal & Muhammad Rizwan & Abdus Samie & Muhammad Faisal & Jam Ghulam Murtaza Sahito, 2021. "What Determines the Uptake of Multiple Tools to Mitigate Agricultural Risks among Hybrid Maize Growers in Pakistan? Findings from Field-Level Data," Agriculture, MDPI, vol. 11(7), pages 1-13, June.
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    Cited by:

    1. Pinca, Vittoria & Valle, Stefano & De Muro, Pasquale & Savastano, Sara & Severini, Simone, 2024. "Assessing the economic, social and environmental potential of wild and domesticated olive growing options in a far Western District of Nepal," Agricultural Systems, Elsevier, vol. 214(C).
    2. Muhammad Ashraf Sumrah & Muhammad Jan Leghari & Syed Hamza Mahfooz & Jamil Akhtar & Muhammad Farhan Khan Pasha & Muhammad Ramzan Anser, 2022. "Economical Olive Cultivation by Selection of Suitable Variety in Pothwar Region of Pakistan," Journal of Economic Impact, Science Impact Publishers, vol. 4(3), pages 213-217.

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