In this conversation with the bot ( chatGPT ), I explore the possibilities that an Olive tree can offer in terms of production, ROI, and MMR. I am doing this in order to get a better idea of the “ financial “ value of an Olive tree. I believe I don’t need to add that there’s also a great non-monetary value in having olive trees ( for your well-being, for nature, etc ) I’ll assume that everyone agrees about that part.
Ben: I wanna try something, can you calculate the average olive production of an olive tree and how much money it could make if we sell the olive production as dried olive in a market such as France?
The bot: The average olive production of an olive tree can vary depending on factors such as the type of olive tree, the age of the tree, and the climate. However, a mature olive tree can produce between 15–20 kg of olives per year on average.
As for the revenue, the price of dried olives in the French market can vary depending on factors such as the quality of the olives and the demand. However, a rough estimate would be around $10–15 per kg. Therefore, a mature olive tree that produces 15–20 kg of olives per year could potentially generate revenue of $150–300 per year.
Ben: Now how many years does it take to grow an olive tree so that it’s considered “ adult “
The bot: The time it takes for an olive tree to reach maturity can vary depending on factors such as the type of olive tree, the climate, and the cultivation method. However, on average, it takes about 5–8 years for an olive tree to start producing olives, and it can take up to 15 years for an olive tree to reach full maturity. Some olive trees can take as long as 20 years to bear fruit.
Once an olive tree reaches maturity, it can continue to produce olives for many years, with some trees known to live and produce olives for hundreds of years.
Ben: What could be a rough estimate of the ROI of an olive tree?
The bot: The return on investment (ROI) for an olive tree can vary depending on a number of factors, such as the cost of the tree, the cost of maintenance and labor, the price of olives in the market, and the yield of the tree.
A rough estimate for the ROI of an olive tree would be around 5–10 years, meaning…
