Urban Farm DB
Research catalogue
Database research record2023·Nigeria

The economic viability of commercial-scale hydroponics: Nigeria as a case study

Folorunso E. A., Schmautz Z., Gebauer R., Mraz J.

Heliyon 9(8):e18979

Urban Farm DB summary

Evaluates the profitability of ten small- and medium-scale commercial hydroponic farms using NPV, IRR, benefit-cost ratio and sensitivity analysis, finding larger farms more profitable but viability highly dependent on retail prices, crop choice and market size.