Economic performance indicators for dried onion industry in Fayoum and Beni-Suef Governorates. (A case study of Green Land Factory and Al-Shorouk Factory) | ||
| Fayoum Journal of Agricultural Research and Development | ||
| Volume 37, Issue 4, October 2023, Pages 760-774 PDF (465.23 K) | ||
| Document Type: Research articles. | ||
| DOI: 10.21608/fjard.2023.319581 | ||
| Authors | ||
| Abd El-Azeem Mostafa; Osama Metwally Muhammad; Sarah Omar Makram* | ||
| Department of Agricultural Economics, Faculty of Agriculture, Fayoum University, Egypt | ||
| Abstract | ||
| The research aimed to measure the economic and productivity efficiency of the onion drying factories in the Fayoum and Beni Suef governorates (Greenland factory in Kom Oshim industrial zone in Fayoum Governorate, and Al-Shorouk factory in Bayad al-Arab industrial zone in Beni Suef Governorate). By using economic efficiency indicators (total revenue, net profit, gross margin Product incentive per kilogram of dried onions, revenue-to-cost ratio, net return-to-cost ratio, net return-to-revenue ratio, the profitability of the spent pound, the profit margin ratio), it was found that these indicators were (31.5 million pounds, 4.4 million pounds, 11.7 million pounds , 14.1%, 116.4%, 43%, 37.3%, 0.16 EGP, 0.37%) respectively in Greenland Factory, while these indicators in Al-Shorouk Factory were (26.25 million EGP, 2.89 million EGP, 6.6 million EGP, 11%, 112% , 28%, 25.3%, 0.12 LE, 0.25%) respectively, and by using productivity efficiency indicators (worker wage rate, average worker productivity, and wage pound productivity), it was found that these indicators were (29.1 thousand pounds/year, 8.74 tons/year, with a value of 305 thousand pounds/year, and 10.5 pounds) respectively at Greenland Factory, while these indicators in Al-Shorouk Factory were (25 thousand pounds/year, 10.4 tons/year, with a value of 364 thousand pounds/year, and 14.58 pounds) respectively, which demonstrate the importance of increasing investment opportunities in this sector. | ||
| Keywords | ||
| Economic Efficiency; Dried Onion; Performance Indicators; Agricultural Projects; Economics of Food Manufacturing | ||
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