Should Plant Macadamia Trees Or Not? Benefits & Risks
Macadamia is a plant originating from Australia that is currently becoming popular in Vietnam thanks to the high economic value that macadamia nuts bring. For that reason, many farmers are standing on the threshold of not knowing whether they should plant macadamia trees or not? In today's article, let's join Sunshine to find answers based on the benefits and risks that this plant brings so you can make your own decision!
Economic benefits of macadamia trees
High market value
Currently, macadamia nuts have a high market value of about 250,000 VND - 350,000 VND/kg, especially in international markets such as the US, Europe and Japan. This is one of the main reasons why many farmers decide to grow this crop.
Besides, macadamia is also an important ingredient in the preparation of many different products from food to cosmetics, creating a stable and increasing demand.
Brings stable income to growers
Because of its high economic value, growing macadamia trees is currently bringing stable income to many farmers. Although it takes a long time for the tree to mature and begin to produce harvests, once the tree has stabilized, the annual output of macadamia nuts can help growers maintain a sustainable source of income.
Contribute to protect the environment
Macadamia trees not only bring economic benefits but also contribute to environmental protection because the tree has the ability to absorb CO2 to help reduce greenhouse gases. In addition, macadamia roots also help improve soil, prevent erosion and increase soil fertility.
Some risks to know when growing macadamia trees
High initial investment costs
One of the biggest challenges when growing macadamia trees is the high initial investment cost. From buying seeds and preparing land to building irrigation systems, factories, dryers and other necessary machinery and equipment, all require a significant amount of expense.
Long harvest time
Macadamia trees take about 5 to 7 years to begin harvesting, which means growers need to wait patiently for a long period of time before seeing profits. This is a big challenge especially for beginner farmers.
The macadamia tree's ability to withstand weather is poor
Macadamia trees are sensitive to extreme weather factors such as drought or flooding. Growing macadamia trees requires careful care and an effective irrigation system to ensure the trees grow well and produce high yields.
Risks from the market
Prices and market demand for macadamia nuts can fluctuate and create risks for growers. With such a large initial cost, macadamia nuts "falling in price" will cause farmers to lose capital.
Advice for beginners growing macadamia trees
Consider climate and soil conditions
Macadamia trees are suitable for growing in tropical and subtropical climates, with average temperatures from 15 to 30 degrees Celsius. Soil should have good drainage, be rich in nutrients and have a pH of 5 to 6.5 to The tree grows well. Therefore, before planting, check the climate and soil conditions of the area to ensure they are suitable for the requirements of the macadamia tree.
Choose a suitable macadamia tree variety
Choosing a macadamia tree variety suitable for the region's climate and soil conditions is an extremely important step. You should learn carefully about different types of macadamia varieties and choose one with good growth and high yield, especially suitable for the soil of the area you plan to grow.
Master planting and care techniques
With any crop, mastering techniques is mandatory and the same goes for macadamia trees!
To grow and care for macadamia trees to grow well is not easy but it is not difficult either. However, it requires meticulousness and patience from the caregiver. From soil preparation, sowing, watering, fertilizing to pest management, everything needs to be done correctly to ensure plants grow healthily and produce high yields.
Make a business plan
If you can plant a macadamia tree and bear fruit, you have only gone half the way. To generate hundreds of millions or hundreds of billions in revenue, you need a proper business plan.
Creating a detailed business plan including cost estimates and expected income helps you have an overview of the macadamia growing project. This plan should include specific steps from preparation to harvest and consumption of the product.
Strengthen connections with farmer associations
Farmer associations and agricultural support organizations such as the Vietnam Macadamia Association are places where you can learn from experience, receive technical and financial support, as well as connect with partners. potential business partner.
Growing macadamia trees brings many economic and environmental benefits, but also comes with many challenges. By understanding and preparing carefully, you can turn macadamia trees into a sustainable and stable source of income. Please consider carefully and make detailed plans before deciding should plant macadamia trees or not!