Kelayakan Vanili dengan Pengusahaan Konvensional dan Modern di Kabupaten Temanggung

Abstract

Vanili merupakan komoditas perkebunan bernilai ekonomi tinggi dengan prospek pasar yang menjanjikan. Penelitian ini bertujuan menganalisis kelayakan nonfinansial dan finansial pengusahaan vanili konvensional dan greenhouse di Kabupaten Temanggung serta menentukan pengusahaan yang lebih layak. Penelitian menggunakan metode studi kasus dengan sampel dua pelaku usaha vanili, yaitu satu konvensional dan satu greenhouse. Kelayakan nonfinansial dianalisis berdasarkan aspek pasar, teknis, manajemen, hukum, sosial, dan lingkungan, sedangkan kelayakan finansial menggunakan Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit Cost Ratio (Net B/C), Payback Period (PP), dan switching value pada tingkat diskonto 8,15 persen. Kedua pengusahaan layak secara nonfinansial dan finansial. Hasil penelitian menemukan bahwa pengusahaan vanili greenhouse lebih layak untuk dikembangkan karena memberikan indikator kriteria kelayakan yang lebih tinggi dari pada pengusahaan konvensional. Pengusahaan greenhouse juga lebih kuat menghadapi risiko penurunan penerimaan dan biaya pengeluaran jika terjadi perubahan di masa depan.

Vanilla is a high-value plantation commodity with promising market prospects. This study aims to analyze the non-financial and financial feasibility of conventional and greenhouse vanilla farming in Temanggung Regency and determine which production system is more feasible. The study employed a case study method involving two vanilla farmers, consisting of one conventional farmer and one greenhouse farmer. Non-financial feasibility was analyzed based on market, technical, management, legal, social, and environmental aspects, while financial feasibility was assessed using Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit-Cost Ratio (Net B/C), Payback Period (PP), and switching value at a discount rate of 8.15 percent. Both farming systems were found to be feasible in terms of both non-financial and financial aspects. The results indicate that greenhouse vanilla farming is more feasible for development, as it yields higher feasibility indicators than conventional farming. Furthermore, greenhouse farming demonstrates greater resilience to potential decreases in revenue and increases in operating costs due to future changes.