Análise da viabilidade financeira de implantação de uma floresta de pinus para produção de Barrotes

Abstract

The objective of this study was to determine the financial feasibility of establishing a Pinus sp. forest for the production of timber battens, aiming to reduce pressure on native forests, contribute to the informal timber sector, and support small timber markets in the economy and well-being of families through forest products. For this study, secondary data were used to develop a cash flow analysis, from which financial viability indicators were determined, including: Net Present Value, Internal Rate of Return, Payback Period, and Benefit/Cost Ratio. All indicators showed that the project is viable, as the Net Present Value was positive, the Internal Rate of Return exceeded the discount rate, the Payback Period indicated that the invested capital would be recovered by the 19th year of the 20-year project duration, and the Benefit/Cost Ratio was 1.34. Sensitivity analysis revealed that a 25% and 50% increase in the discount rate and a 25% and 50% reduction in timber prices would render the project unviable. Overall, it can be concluded that establishing a Pinus Forest for batten production is financially viable.