Abstract
ABSTRACT This study aimed to analyze economically the production of wood and charcoal from a Eucalyptus plantation stratified in three classes of productivity in northwestern Minas Gerais. Were used data from not thinned Eucalyptus stands whose area was stratified in high, medium and low productivity, being described by the logistic model. The data were obtained and the economic evaluation of wood production and charcoal production was carried out. The economic evaluation was made by means of the indicators: Net present value (NPV) and internal rate of return (IRR) as a function of the prices of wood and charcoal, the yield of wood in charcoal and the transport distance of wood to the charcoal production unit. The economic viability of production of Eucalyptus wood and charcoal depends on the productive capacity of the forest stand. The viability of timber and charcoal production is sensitive to the variations in the prices of both, the yield of wood in charcoal and the transport distance from the production area to the processing unit.
Highlights
Forestry activity requires intensive investment in land and capital, presenting low initial rates of return due to the slow growth of the forest, allowing the recovery of capital only in the long term (Noce et al, 2005), and in this way, it can be said that it is a sector of risk and strongly dependent on the consumer market.The forestry production can be destined for different purposes, and the producer must be guided to seek the best-selling option
The economic evaluation was made by means of the indicators: Net present value (NPV) and internal rate of return (IRR) as a function of the prices of wood and charcoal, the yield of wood in charcoal and the transport distance of wood to the charcoal production unit
The viability of timber and charcoal production is sensitive to the variations in the prices of both, the yield of wood in charcoal and the transport distance from the production area to the processing unit
Summary
The forestry production can be destined for different purposes, and the producer must be guided to seek the best-selling option. Among the options are the direct sale of wood, or the sale of wood products. Charcoal is one of the products that can be obtained, and this currently contributes significantly to the development of the forestry based industries in Brazil. In Minas Gerais, most of the timber production is turned towards this use, and its price is formed in an imperfect competition market. There are few steel mills and on the supply side there are many independent producers (competitive) (Sablowski, 2008)
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