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Profitability and Cost Estimates for Producing Tropical Hibiscus in South Florida

Nicholas Haley, Alexandra Revynthi, , and


Release Date: 10/14/2024

DOI: 10.32473/edis-fe1158-2024

Agriculture

Abstract

Tropical hibiscus (Hibiscus rosa-sinensis) is a bushy evergreen shrub or small tree native to the temperate regions of Asia and an economically significant crop in Florida. According to the 2017 Census of Agriculture, the market value of the ornamental industry in Miami-Dade County was $697 million, and approximately 25% of the production was in hibiscus. Demand for the cultivation of plants with minimal pesticides is rising due to concerns about potential adverse environmental and health effects. Integrated pest management, or IPM, is an alternative to conventional pesticide application. A broad-based approach, it integrates both chemical and non-chemical practices for sustainable control of pests. To help growers and other stakeholders determine the best approach to changing demands for pesticide management, this publication estimates the costs and returns of producing tropical hibiscus on an established nursery in south Florida using both traditional and IPM methods.

About this Publication

This document is FE1158,  a publication of the Department of Food and Resource Economics, UF/IFAS Extension. Original publication date October 2024. Visit the EDIS website at https://edis.ifas.ufl.edu for the currently supported version of this publication. © 2024 UF/IFAS. This publication is licensed under CC BY-NC-ND 4.0

How to Cite

Haley, N., Revynthi, A. M., Abu, H., & Blare, T. (2024). Profitability and Cost Estimates for Producing Tropical Hibiscus in South Florida. EDIS, 2024(5). https://doi.org/10.32473/edis-fe1158-2024

Authors

Nicholas Haley
Nicholas Haley
external
University of Florida

former graduate research assistant, Food and Resource Economics Department, UF/IFAS Tropical Research and Education Center, Homestead, FL

Alexandra Revynthi
Alexandra Revynthi
Specialist
University of Florida

assistant professor, agricultural acarology, Department of Entomology and Nematology, UF/IFAS Tropical Research and Education Center, Homestead, FL

Hasmeen Abu
Hasmeen Abu

alum, B.S. in Food and Resource Economics (Spring 2023), UF/IFAS Food and Resource Economics Department, Gainesville FL

Trent Blare
Trent Blare

country manager/scientist, International Potato Center, Quito, Ecuador, courtesy professor, Department of Food and Resource Economics, UF/IFAS Tropical Research and Education Center

Publication #FE1158

Peer Reviewed
Commercial