Examining the Economic Impact of Cayenne Pepper in Traditional Markets of Makassar City: A Price Analysis Study

Authors

  • Pipi Diansari Agribusiness Department, Faculty of Agriculture, University of Hasanuddin Makassar, 90245, Indonesia
  • Didi Rukmana University of Hasanuddin Makassar
  • Wahyudi University of Hasanuddin Makassar

DOI:

https://doi.org/10.22219/agriecobis.v6i01.24139

Keywords:

Break Even Point, Cayenne Papper, Economic Price

Abstract

The price fluctuation of cayenne pepper has significant impacts on traders' cost performance and income. Therefore, determining the economic price for selling cayenne pepper is crucial. Economic price refers to the fair price for the sale of a commodity or product. This research aims to determine the economic price of cayenne pepper at Kalimbu Market in Makassar City, using 20 traders as respondents and primary data analysis. Cost analysis and break-even point techniques were employed to determine the basic price of cayenne pepper, followed by a switching value analysis to assess the percentage change in costs that could be tolerated. The study findings reveal that the economic price for kiosk cayenne pepper traders is Rp. 57,664/Kg, while the other economic price for kiosk cayenne pepper traders is Rp. 58,068/Kg. These results imply that the selling price set by the cayenne pepper trader is IDR 60,000, resulting in a small profit that is insufficient to meet the personal and family needs of traders.

Downloads

Download data is not yet available.

References

Afrizal. A, Nurhayati, Susanti. 2023. Income Analysis and Feasibility of Farming Business with Cayenne Pepper Intercropping System in Rokan Hulu Regency. Jurnal Aksara. Vol 9 (1)

Astuti. R, dkk. 2018. Analisis Biaya dan Pendapatan Usaha Dagang Sayuran di Pasar Tamin Kota Bandar Lampung. Lampung. JIIA, Vol. 6 No. 3

Hanani. A. A, Rani. A, Rini. M. 2020. Analysis of market integration cayenne pepper (capsicum frutescens l.) In malang district. Agricultural Socio-Economics Journal. Volume XX. No,1 :23-30

Jaya. M. I. 2019. Analisis Biaya dan Pendapatan Usaha Pedagang Sayuran (Studi Kasus: Kecamatan Lubuk Pakam Kabupaten Deli Serdang). Universitas Muhammadiyah Sumatra Utara. Medan.

Juniarsih Tiara. 2016. Faktor-Faktor yang Mempengaruhi Harga Cabai Merah di Sumatera Utara. Universitas Sumatera Utara. Medan.

Kusumawardani. A and Alamsyah. M. I. 2020. Analisis Perhitungan Bep (Break-Even Point) Dan Margin Of Safety Dalam Penentuan Harga Jual Pada Usaha Kecil Menengah. Jurnal Ilmu Keuangan dan Perbankan (JIKA). Vol. 9 No. 2.

Laili. N, Sri. H, Dwi. S. 2021. Analysis of factor effecting the price fluctuation cayenne pepper in malang regency. Jurnal Agrisocionomics. 5(1): 19:26.

Lestari Peni. 2021. Fungsi Capcaisin Pada Cabai di Masa Pandemi. Pusat Riset Biologi. Badan Riset dan Inovasi Nasional. Jawa Barat.

Mahyuddin. 2018. Laporan Penelitian Identifikasi Harga Keekonomian dan Faktor Pembentukan Harga Beberapa Komoditas Inflasi. Makassar. Fakultas Pertanian. Universitas Hasanuddin. Sulawesi Selatan

Mauliyah. N, I, 2018. Strategi Penentuan Harga Jual Sayuran Pada Pedagang Pasar Tradisional. Universitas Islam Blitar.

Nainggolan. T. V, Adi. S, Josua.P. H. 2019. Analisis Pemasaran Dan Transmisi Harga Cabai Rawit Di Kabupaten Kubu Raya. Universitas Tanjung Putra.

Putra. J. E, Hani. P, Jamhari. 2021. Forecasting The Price Of Cayenne Pepper In The Surabaya City. Buletin Penelitian Sosial Ekonomi Penelitian. 23(1) :27-36

Puspitasari. A, Rudi. P, Dedi. S. 2020. Struktur, Perilaku Dan Kinerja Pemasaran Cabai Rawit Merah di Kecamatan Cigalontang. Agibussines System Scientific Journal. Vol 1. No.1

Respati. A. B. 2020. Analisis Saluran Pemasaran Komoditi Padi. Agroinfo Galuh. Vol. 7. No. 1.

Septiadi D. 2020. Analisis Permintaan Konsumsi Cabai Rawit pada Rumah Tangga di Kota Mataram. Agrimor. Jurnal Agribisnis Lahan Kering.

Viana C. D. N., Slamet, H., & Lestari, R. W. 2018. Volatility Analysis On Producer Price Of Red Pepper And Cayenne Pepper In West Java Province Indonesia. Jurnal Agro Ekonomi. Vol. 28/No. 2

Downloads

Published

2023-03-30

How to Cite

Diansari, P., Rukmana, D., & Wahyudi. (2023). Examining the Economic Impact of Cayenne Pepper in Traditional Markets of Makassar City: A Price Analysis Study. Agriecobis : Journal of Agricultural Socioeconomics and Business, 6(01), 34–41. https://doi.org/10.22219/agriecobis.v6i01.24139

Issue

Vol. 6 No. 01 (2023): March

Section

Articles

License

Copyright (c) 2023 Agriecobis : Journal of Agricultural Socioeconomics and Business

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Authors who publish with Agriecobis : Journal of Agricultural Socioeconomics and Business agree to the following terms:

  1. For all articles published in Agriecobis : Journal of Agricultural Socioeconomics and Business, copyright is retained by the authors. Authors give permission to the publisher to announce the work with conditions. When the manuscript is accepted for publication, the authors agree to automatic transfer of the publishing right to the publisher.
  2. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  3. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  4. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published wor (See The Effect of Open Access).

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.