Economic Evaluation of Cultivation and Finalization of the Products from the Sea Buckthorn

The paper discusses economic evaluation of the sea buckthorn cultivation as well as production of final products by processing the fruits of this economically interesting woody plant. The input data of the economic “ex post” analysis is based on the authentic data of the agricultural entity operating in Slovakia. Recently, we have been expanding the growing area of sea buckthorn to which we are contributing by educating and promoting the products from this medicinal plant. Sea buckthorn is an extraordinary healing plant called the “lemon tree of the north“. One sea buckthorn fruit will cover the daily dose of vitamin C. Even the ancient Greeks knew about the effects of sea buckthorn, which formed the basis for its Latin name – Hippophae rhamnoides – which means a shining horse. The sea buckthorn’s name was associated with a beautiful shiny coat of horses grazing on the plant. It is one of the world‘s most nutrient-rich plants because sea buckthorn areas have a unique composition and chemical analyses have confirmed that more than 190 substances are the best-ever independent source of natural clustering. These substances contain 10 different vitamins, 18 amino acids, 24 minerals and trace elements. Sea buckthorn has a high content of mono and polyunsaturated essential acids (omega 3, 6, 7 and 9) and phytosterols. It contains vitamins C, E, beta-carotene and another 40 carotenoids. The fruits contain all B vitamins. For these reasons, we consider buckthorn to be an exceptional plant that has the potential to expand its cultivation in all production areas. In the SR, the cultivation of sea buckthorn is based on small gardeners, on larger areas; the cultivation of this healing plant is a unique matter. An advertising campaign that promotes sea buckthron products has been launched by the pharmaceutical industry and its distribution networks. This increased interest creates a precondition for the expansion of the cultivation in the Slovak Republic.