Improvement in sustainable production of medicinal herbs - mint, lemon balm and marshmallow

Simić, Divna and Janković, Snežana and Popović, Vera and Petrović, Mladen and Stanković, Slađan and Nikolić, Dušan and Gordanić, Stefan (2024) Improvement in sustainable production of medicinal herbs - mint, lemon balm and marshmallow. Agriculture and Forestry, 70 (2). pp. 49-59. ISSN 0554-5579

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Abstract

The paper presents the results of the gross margin of three lines of production of medicinal herbs: mint, lemon balm and marshmallow. The importance of improving the production of these herbs has been presented in the form of gross margins. All three herb species achieved the highest gross margins in 2023, which was the criterion for choosing them for the research. The structure and participation of individual variable costs for all three production lines has been presented in relation to total variable costs. A sensitivity analysis was performed, in order to study the impact of price and yield changes (10% and 20% increase and decrease in all three production lines, and the impact of changes in the two largest costs for each production line, 10% and 20% increase and decrease in costs). Based on all the analyses, it can be concluded that the production of mint, lemon balm and marshmallow is very profitable, where around EUR 4,000–EUR 7,500 per ha of profits can be achieved.

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