BRIEF RESEARCH REPORT article
Front. Environ. Econ.
Sec. Agricultural Economics
Volume 4 - 2025 | doi: 10.3389/frevc.2025.1504662
This article is part of the Research TopicSustainable Innovations in Agriculture: Economic Analysis of Climate Smart PracticesView all 7 articles
Comparative Profitability Analysis of Medicinal and Aromatic Plants production with other major Cereal Crops: the case of Rosemary and Wheat production in Ethiopia
Provisionally accepted
- Ethiopian Institute of Agricultural Research (EIAR), Dessie, Ethiopia
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Spices and aromatic plant have been used as flavor, color, aroma, enhancing agents and for preservation of foods. Besides, spice products, essential oils and oleoresin processors are expanding, hence demand for spices, aromatic and medicinal plants increasing. This study aimed to analyze economic performance of Rosemary production, and processing and compared with Wheat production in the selected areas. The study evaluated the wheat production and its benefit cost ratio to compare it with rosemary production. Average revenue obtained from wheat sale was about 34,024 Birr with average cost being 15,173 resulting in net revenue of 18,851 Birr under the farm land condition. The rosemary production and benefit-cost ratio were evaluated at farm level.Average revenue obtained from rosemary sale was about 73,454 Birr with average cost being 35,868 resulting in net revenue of 37,585 Birr under the farm land condition. Area under rosemary was 0.14 ha, which was smaller than wheat area coverage. With this even smaller area allocated for rosemary, it was found that the net revenue of 37,585 Birr was obtained from rosemary sale as compared to net revenue of 18,851 Birr from wheat at farm condition.
Keywords: Average revenue, Average cost, Net revenue, Farm level, Ethiopia
Received: 01 Oct 2024; Accepted: 23 Jun 2025.
Copyright: © 2025 Geyo. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
* Correspondence: Guta Bukero Geyo, Ethiopian Institute of Agricultural Research (EIAR), Dessie, Ethiopia
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