After going through different aspects of beekeeping including seasonal management, it is important to work out the economics of this enterprise if one goes for commercial bee keeping. It requires information of expenditure and income from a unit of an apiary. For commercial bee keeping it is recommended that one should start with minimum of 100 bee colonies. Details of expenditure and income are given below: Expenditure for 100 Apis mellifera bee colonies:NON RECURRING
|
Number
|
Rate/unit
|
Total amount (Rs)
|
Bee Hives
|
100
|
Rs 2200/hive
|
2,20,000.00
|
Bee colonies
|
100
|
Rs 350/frame x 4
|
1, 40,000.00
|
Honey extractor
|
1
|
Rs 2500/-
|
2,500.00
|
Smoker, bee veil, Hive tool etc
|
1 set
|
Rs 500/-
|
500.00
|
Miscellaneous (honey cans, mating nuclei etc)
|
-
|
Rs 7000/-
|
7,000.00
|
Total
|
|
|
3,70,000.00 (A)
|
RECURRING (per year)a) For stationary beekeeping
Labour (full time)
|
1
|
Rs 3900/month
|
46,800.00
|
Comb foundation sheets
|
1000
|
Rs 20/sheet
|
20,000.00
|
Sugar for feeding
|
500 kg
|
Rs 36/kg
|
18,000.00
|
Chemicals for pest control
|
-
|
Rs 20/colony
|
2,000.00
|
Miscellaneous
|
-
|
-
|
2,000.00
|
Total
|
|
|
88,800.00 (B)
|
b) For migratory beekeeping
Transportation
|
No. of trips
|
cost per trip
|
Total
|
Truck
|
4
|
Rs 2500/trip
|
10,000.00
|
Total cost (a + b)
|
|
|
98,800.00 (C)
|
DETAILS OF EXPENSESa) Stationary beekeeping:
Interest on non-recurring cost @15%
|
55,500.00
|
Recurring cost (B)
|
88,800.00
|
Interest on recurring for 6 months @15%
|
6,660.00
|
Depreciation on permanent articles except bees @ 10%
|
23,000.00
|
Total
|
1,73,960.00 (D)
|
b) Migratory beekeeping:
Commodity
|
No./average
|
Quantity
|
Rate
|
Amount
|
Honey
|
35kg/colony
|
3500 kg
|
Rs 80/kg
|
2,80,000.00
|
Sale of divided colonies
|
40 % colonies
|
40 colonies
|
Rs 1400/colony
|
56,000.00
|
Beeswax
|
2% of honey produced
|
70 kg
|
Rs 200/kg
|
14,000.00
|
Commercial queen production(two breeding seasons)
|
from 10% colonies
|
200 queens
|
Rs 400/queen
|
80,000.00
|
Total
|
|
|
|
4,30,000.00(G)
|
NET INCOME
Stationary beekeeping (F-D) 214000-173960= Rs 40,040.00 Migratory beekeeping (G-E) 430000-184710=Rs 2, 45,290.00
ADDITIONAL BENEFITS
Increase in crop yield Boost for employment in bee equipment related industry
ECONOMICS IF LOAN TAKEN FROM BANK FOR PURCHASE OF NON-RECURRING ITEMS (migratory bee keeping)
|
Years after start of bee keeping
|
|
I
|
II
|
III
|
IV
|
V
|
VI
|
a. Income
|
430000
|
430000
|
430000
|
430000
|
430000
|
430000
|
b. Annual reducing interest on non recurring (expenditure @ 15% after payment of bank installment)
|
55500 (on 370000 as in A)
|
43500 (on 370000-80000)
|
31500 (on 370000-160000)
|
19500 (on 370000-240000)
|
7500 (on 370000-320000)
|
nil
|
c. Bank installment (on principal amount as per A)
|
80000
|
80000
|
80000
|
80000
|
50000
|
nil
|
d. Recurring cost & interest on recurring & depreciation
|
129210
|
129210
|
129210
|
129210
|
129210
|
129210
|
Net income a-(b+c+d)
|
165290
|
177290
|
189290
|
201290
|
243290
|
300790
|
|