A Half-yearly Peer Reviewed Journal of Bangladesh Forest Research Institute
Eucalyptus camaldulensis is one of the major fast growing exotics in Bangladesh. The paper attempts to determine the optimum cutting time and the profitability of plantation of the species for fuelwood in Bangladesh.
Optimum rotation has been determined in terms of volume production, turnover, forest rent, financial maturity (marginal), land expectation value (LEV) and internal rate of return (IRR). Sensitivity analysis has also been carried out to observe the effect of changes in different cost elements, reduction in yield and revenue on rotation. All decision criteria indicate an optimum rotation length in between 6 and 8 years in case of firewood plantation on average sites at 1.83 m x 1. 83 m (6′ x 6′) spacing.
Profitability at optimum rotation age has been calculated in terms of land expectation value and internal rate of return on the basis of Faustmann formula and yield production equations. Profitability analysis indicates the economic feasibility of plantation with high land expectation value of Tk 14,000 and internal rate of return 23%/ha at the age of 6 to 8 years. Sensitivity analysis here indicates that the plantation remains profitable for a wide range of relevant parameters.