Is it profitable to grow peonies? What are the prospects for growing them?

Is it profitable to grow peonies?

Peony has a wide range of applications, and is widely used in medicine, food, chemical industry, and spices. At the same time, it is also popular in foreign markets, so the annual export volume is as high as hundreds of millions of tons. At present, it is in short supply in the market, so there is still great development prospect for its cultivation.

Profits and Benefits of Peony Planting

The cost of planting one acre of peonies is about 1,300 yuan. The main expenses include land rent. Because factors such as labor and rent vary, the costs in different regions will vary.

Peonies can generally be planted three times a year, and some potted plants can also be sold. According to market prices, one acre of land can make an average annual profit of about 8,000 to 9,000 yuan.

High-yield cultivation techniques for peony

1. Peonies prefer warm and dry environments and are suitable for growing in loose, fertile, high and dry neutral sandy loam. Do not use acidic or heavy clay soil, which will cause peony malnutrition.

2. Peonies have a relatively large demand for light, but cannot withstand the scorching sun in summer. When the temperature is above 25°C, the peony will enter a dormant state. When the temperature is around 17-20°C, it is the best flowering temperature for peonies.