Economic evaluation of cultivation and finalization of the products from the sea buckthorn

Ľubomír Gurčík, Viktor Porhajaš, Dávid Červený, Zuzana Bajusová

The paper discusses economic evaluation of the sea buckthorn cultivation as well as production of final products by processing the fruits of this economically interesting woody plant. The input data of the economic “ex post” analysis is based on the authentic data of the agricultural entity operating in Slovakia. Recently, we have been expanding the growing area of sea buckthorn to which we are contributing by educating and promoting the products from this medicinal plant. Sea buckthorn is an extraordinary healing plant called the “lemon tree of the north“. One sea buckthorn fruit will cover the daily dose of vitamin C. Even the ancient Greeks knew about the effects of sea buckthorn, which formed the basis for its Latin name – Hippophae rhamnoides – which means a shining horse. The sea buckthorn’s name was associated with a beautiful shiny coat of horses grazing on the plant. It is one of the world‘s most nutrient-rich plants because sea buckthorn areas have a unique composition and chemical analyses have confirmed that more than 190 substances are the best-ever independent source of natural clustering. These substances contain 10 different vitamins, 18 amino acids, 24 minerals and trace elements. Sea buckthorn has a high content of mono and polyunsaturated essential acids (omega 3, 6, 7 and 9) and phytosterols. It contains vitamins C, E, beta-carotene and another 40 carotenoids. The fruits contain all B vitamins. For these reasons, we consider buckthorn to be an exceptional plant that has the potential to expand its cultivation in all production
areas. In the SR, the cultivation of sea buckthorn is based on small gardeners, on larger areas; the cultivation of this healing plant is a unique matter. An advertising campaign that promotes sea buckthron products has been launched by the pharmaceutical industry and its distribution networks. This increased interest creates a precondition for the expansion of the cultivation in the Slovak Republic.

Keywords: 
sea buckthorn, production costs, sales, profit, product analysis
Contact: 

Ľubomír Gurčík, Slovak University of Agriculture in Nitra, Faculty of Economics and Management, Tr. Andreja Hlinku 2, 949 76 Nitra, Slovak Republic, e-mail: lubomir.gurcik @uniag.sk

Date of online publishing: 
16.07.2019

President
Dr.h.c. Prof. Ing. Peter Bielik, PhD.
e-mail: Peter.Bielik@uniag.sk
tel: +421376415518

Liaison Officer
Prof. Dr. Ing. Elena Horská
e-mail: Elena.Horska@gmail.com
tel: +421376415522

Secretary General
Mgr. Vladislav Valach
e-mail: Vladislav.Valach@uniag.sk
tel: +421376415545
 

Postal address

Slovak University of Agriculture in Nitra                                                        
Visegrad University Association
Foreign Relations and International Programmes Office
Tr. Andreja Hlinku 2
949 76  Nitra
Slovakia