African mahogany plantation project report as per 1 tree price and cubic feet price is shared separately.
African mahogany plantation project report in detail is given explaining the estimated cost and profit in 1 acre land.
Be noted, buy African mahogany only and avoid desi or Indian mahogany due to growing speed and huge price difference.
Mahogany plantation project report as per tree price and cft price
Cultivation cost per acre
The cost for 10 years is given in the below table. Mahogany farming profit is huge if done correctly with patience.
| African mahogany plant price = Rs 50 to Rs 100 depending on availability. Plants per acre = 500 to 1000 plants. It’s good to plant 350 or not more than 500 trees in 1 acre. Let’s assume 500 plants planted in 1 acre. Plant material cost = Rs 50 x 500 plants = Rs 25,000. 1 acre land preparation cost = Rs 5000. Labour cost = Rs 15,000. Barbed wire fencing cost = Rs 70,000, one-time investment. Drip irrigation cost = Rs 50,000, one-time investment. Irrigation cost = Rs 15000. Fertilizer cost = Rs 15,000. Miscellaneous cost = Rs 10,000. Total 1 year cost = Rs 205000. Tree idle harvesting time is 12 to 15 years, it is also harvested after 10 years. Let’s assume the tree is harvested after 10 years. 10 year cost 10 year cost = Reduce 1 time costs from the 1st year cost (given above) then add it later. 1 time investment = Drip irrigation (Rs 50,000) + Barbed wire fencing (Rs 70,000) = Rs 1,20,000. Rs 1,20,440 (1 time investment cost) – Rs 2,05000 (1st year cost) = Rs 84560. 1 year cost without drip irrigation and wire fencing = Rs 84560. Total 1st year cost with drip and wire fencing cost = Rs 205000. 1 year cost without drip and wire fencing installation = Rs 84560. Mahogany plantation cost for 10 years To get the 10 year cost first, calculate the 9 year cost. 9 year cost = 1 year cost Rs 84560 (without drip and fencing cost) x 9 years. 9 year cost = Rs 84560 x 9 years = Rs 7,61,040. 10 year cost = 1 year cost Rs 205000 (with fencing & drip cost) + 9 years cost 10 year cost = Rs 205000 + Rs 7,61,040 = Rs 966040. Total 10 year cost of mahogany cultivation = Rs 966040. |
Mahogany profit per acre
- 1 African mahogany tree price after 10 years in India = Rs 10,000 to 20,000 as per the cubic feet.
- Price after 10 years = Let’s assume the price is Rs 15,000 per tree.
- Saplings per acre = 500 plants.
- Profit after 10 years = Rs 15,000 x 500 trees = Rs 75,00000.
- Mahogany farming profit per acre = Rs 75,00000.
- Net Profit = Cost – Profit.
- Net Profit = Rs 966040 – Rs 75,00000.
- Net Profit = Rs 65,33,960.
Note – The profit may vary as per the sapling availability, price, region, market, variety, labour cost, selling market, yield quality etc.
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Mini project report as per tree cubic feet
- Trees per acre = 350 to 500 trees.
- 10 year old one mahogany tree yield = 19 to 22 cubic feet.
- Let’s assume 1 tree yields 20 cubic feet on average.
- African mahogany trees per acre = 500 trees.
- 500 trees yield = 500 trees x 20 cubic ft = 10k cft.
- African mahogany tree yield per acre = 10,000 cubic feet.
- Mahogany cubic feet rate in India = Rs 600 per cubic foot.
- Profit = Rs 600 x 10,000 cft = Rs 6000000.
The mahogany tree price in UP, Karnataka or Gaya may differ slightly depending on the variety, yield quality and selling market. Mahogany wood price per square foot in India is around Rs 600. One can sell mahogany trees in the wood market available in almost every city.
Conclusion – The African mahogany project report helps you to understand the estimated cost for mahogany cultivation and gives an overview of approximate profit after 10 years.