Fecha de publicación: 24/12/2024 Fuente: Sustainability - Revista científica (MDPI) Sustainability, Vol. 17, Pages 21: Economic Sustainability Assessment of Paulownia Farms in a Dual Production System—Case Studies in Temperate Climates
Sustainability doi: 10.3390/su17010021
Authors:
Cornel Negrușier
Livia-Ramona Buzan
Ioan Păcurar
Steluța Maria Sîngeorzan
Vasile Ceuca
Alexandru Colișar
Ileana Andreica
Sándor Rózsa
Orsolya Borsai

Paulownia trees represent a convergence of ecological innovation and economic opportunity. Beyond their extraordinary growth rates, adaptability to diverse climates, and capacity to produce high-value timber, Paulownia farms offer a unique solution to pressing environmental and economic challenges. However, economic sustainability is the most crucial factor for any farmer when deciding to introduce this species. Therefore, the current study aimed to evaluate the profitability of seven existing Paulownia farms in Romania. The economic analysis has been carried out by adopting the discounted cash flow method. The results showed that the cultivation of Paulownia for both timber and woodchip production as a dual production system with an annual gross margin between 27 and 55% can present a viable alternative as compared to other agricultural crops. However, profitability highly depends on the selection of plant species according to the environmental conditions and agricultural practices applied, as well as demand and market price variations.