Costs Specification

SAS Output Economydoctor. Beekeeping. taloustohtori.luke.fi/en/ . Data: Luke Profitability bookkeeping results. November 5, 2026
          Production Costs                 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025E
Farms in sample 7-12 7-12 7-12 7-12 7-12 7-12 7-12 7-12 7-12 13-18 13-18 13-18 7-12
Beehives 90 87 57 53 52 58 68 68 82 59 59 62 66
TOTAL PRODUCTION COST 33.344 36.009 16.660 13.970 14.833 17.376 25.625 25.105 22.914 22.529 24.973 22.707 29.384
Product expenses 12.466 10.832 5.508 2.592 3.184 3.883 6.271 6.450 5.254 6.058 6.517 5.994 5.497
         Purchase of honey 4.113 1.691 0 0 0 0 0 0 0 0 297 0 0
         Packaging 630 283 584 148 377 28 155 70 121 145 180 415 319
         Other product expenses 5,065 6,014 3,443 2,389 2,673 3,498 5,129 4,210 3,027 4,790 4,254 4,070 3,147
         Rent of machines 688 9 0 0 8 0 0 0 0 0 0 5 0
        Fuel 537 577 0 0 83 125 198 532 247 233 223 153 389
        Other variable costs 1,433 2,259 1,480 56 44 231 789 1,638 1,859 890 1,562 1,352 1,642
Animal expenses 1,394 2,137 780 846 961 1,272 1,264 2,091 1,486 1,173 1,924 1,523 1,675
        Feeding and medication of bees 1,169 1,619 410 625 763 641 841 1,754 1,266 975 1,465 1,297 1,525
        Purchase of bees 225 518 370 222 198 631 423 338 220 198 459 227 150
Machinery expenses 3,470 3,426 1,464 1,070 863 1,195 2,321 2,064 2,166 1,746 2,153 1,886 2,515
        Depreciation of machinery 2,730 3,231 1,439 1,067 826 1,195 1,745 1,514 1,993 1,604 2,045 1,732 2,404
        Repair of machinery 739 195 25 3 36 0 577 549 173 142 108 155 112
Building expenses 1,139 1,353 413 310 310 262 345 444 462 538 512 332 379
         Depreciation of buildings 1,033 938 413 310 278 262 202 184 452 531 512 332 379
         Repair of buildings 105 415 0 0 32 0 144 260 10 7 0 0 0
Other expenses 3,721 2,605 460 2,195 1,867 2,367 3,360 2,391 1,804 1,131 2,471 2,110 5,387
        Insurances 959 689 0 80 32 387 494 528 429 303 542 445 940
        Rents 500 150 0 20 0 138 11 105 38 10 34 132 6
        Other costs 2,262 1,766 460 2,095 1,835 1,842 2,855 1,758 1,337 818 1,894 1,533 4,441
        Other depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Cost of labour 9,231 13,793 6,836 6,112 6,930 7,533 10,487 9,813 10,650 10,884 10,022 8,928 11,745
        Wages 25 819 33 0 24 65 413 1,201 892 703 500 9 36
        Wages demand 9,206 12,974 6,803 6,112 6,905 7,468 10,074 8,612 9,758 10,180 9,522 8,919 11,709
Interest expenses 1,924 1,862 1,200 844 718 864 1,576 1,851 1,092 999 1,373 1,934 2,185
        Financial expenses 177 12 6 4 3 8 463 449 85 63 57 39 42
        Interest on own capital 1,747 1,850 1,194 840 715 856 1,113 1,402 1,007 936 1,316 1,895 2,143