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Cacao

Cacao Raw material Cash Crops
Production141,600 t p.a.
Exports62,940 t
Value per tonne✦2,198
Revenue✦311 m
Value added✦310 m
Surplus✦91.3 m
  • Per tonne:
  • Labour ✦1,181 (Sf 1.85)
  • Materials ✦0
  • Capital ✦218
  • Energy ✦7.5
  • Surplus ✦792

Whole chain per tonne: 40 labour hours, 150 kWh.

Formula

A.C. = w0LhSf Labour ✦1,181 Shadow wage w0 ✦16 an hour Γ— Lh 40 hours per tonne Γ— skill factor Sf 1.85 Sf for agriculture: training ✦30,000 against ✦45,000, queue 10 hours against 48 + Ξ£ qiPirΞ»i Materials ✦0 A raw material, with no recipe inputs. + (D + Mo)Ξ±e Capital ✦218 Depreciation and maintenance ✦150 per tonne Γ— financing 1.45 Γ— waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy ✦7.5 E 150 kWh per tonne Γ— pe ✦0.05 per kWh = ✦1,406

A.V. = rP*world Accounted value ✦2,198 per tonne World price $1,500 per tonne less freight and insurance 2.33% = P* $1,465 Γ— r 1.5 crowns per US dollar Export parity: the price at the Commonwealth border for a good it sells abroad. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦2,198

Revenue = A.V. Γ— Q Accounted revenue ✦311 m p.a. Domestic: 78,680 t Γ— ✦2,198 = ✦173 m Exports: 62,940 t Γ— ✦2,198 = ✦138 m = ✦311 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦91.3 m p.a. Revenue ✦311 m βˆ’ cost ✦1,406 Γ— 141,600 t = ✦112 m Export charges ✦20.8 m: 15% of export revenue (federal levy and permit fee) Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦91.3 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.

  • Cacao141,600 t✦311 m100%
  • Final domestic use 12,650 t ✦27.8 m 8.93%
  • Exports 62,940 t ✦138 m 44.4%