Financial Ratio Analysis of Pine Sap Commodity: Case Study on Community Forest Area in Indonesia

Abstract

Community Forest is a scheme that aims to empower local communities and provide access to manage protected or production forest areas. The pine sap commodity is one of the sources of livelihood for the community by utilizing existing access. Financial ratio analysis is very important to determine the value added of marketing margins and profit margins from the pine sap commodities that have been turned into a product. Respondents were selected based on people who worked as pine sap collectors, from farmers to the pine sap processing industry who bought and processed the pine sap products. The results showed that the pine sap processed by the pine sap processing industry was in the form of gondorukem and turpentine which were then marketed to international markets, namely India, Vietnam, and China with different financial ratios for each business actor.

Non-timber Forest Product Accounting: Preliminary Estimates for community Forestry Business in South Sulawesi Indonesia

“…The Forest Farmers Group, based in Watang Bacukiki Village, Pare Pare City, was one of the community groups that utilized NTFPs and gained a social forestry permit using the Community Forestry (HKm) design. Community forest is a state forest whose main use is to help empower the community in the utilization of the forest [15]. This location is among those with NTFP potential and has been used by the locals as a source of income.…”