Estimated Transaction Value of Non-Timber Forest Products in the Nuraksa Grand Forest Park, West Nusa Tenggara, Indonesia
DOI:
https://doi.org/10.55927/xb22w468Keywords:
Ntfps, Transaction Value, Economic Value, Nuraksa Grand Forest ParkAbstract
Non-Timber Forest Products (NTFPs) play an important role in supporting the economy of communities surrounding forest areas. However, information regarding the transaction value and estimated economic value of NTFPs at the landscape level remains limited, including in the Nuraksa Grand Forest Park (NGFP), West Nusa Tenggara Province. This study aimed to identify NTFPs commodities produced and traded by the community, calculate the transaction value of NTFPs, and analyze the estimated economic value of NTFPs in the NGFP area. The study used a descriptive method with Proportionate Stratified Random Sampling and Simple Random Sampling techniques, involving 42 respondents. The results showed that the transaction value of NTFPs by farmers reached IDR 121,894,136/owned land area/year. Durian, coffee, and mangosteen were the commodities with the highest transaction values due to their relatively high selling prices and stable market demand. The estimated economic value of NTFPs in the area of 1,381.80 ha reached IDR 76,847,930,726/year. These findings indicate that NTFPs have substantial economic potential in supporting community economic activities within the Nuraksa Grand Forest Park area
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