Economic evaluation of the commercial production between Brazilian samphire and whiteleg shrimp in an aquaponics system

Economic evaluation of the commercial production between Brazilian samphire and whiteleg shrimp... The implementation of aquaponics systems has significantly increased in the last two decades, and several studies have reported on the technical, socioeconomic, and environmental ramifications in order to achieve sustainability in food production. The present study, however, aimed to perform a commercial-scale economic evaluation, using a model marine aquaponics production system with the halophyte Sarcocornia ambigua and the shrimp Litopenaeus vannamei cultivated in nutrient film technology (NFT) and biofloc technology (BFT) systems, respectively. To calculate phytotechnical and zootechnical indexes, we used recent studies available in the literature. Indicators of operational costs (total cost of production—TCP) and financial viability were calculated based on a cash flow horizon of 10 years. The proposed study estimated an initial investment of US$ 474,253.07, with annual TCPs around US$ 192,220.50, US$ 247,740.52, and US$ 223,482.65 years 1, 2 to 9, and 10, the different periods studied. Within these respective periods, the annual production of halophyte was 17,017, 23,286, and 18,808 kg, while marine shrimp production was 10,659, 14,586, and 11,781 kg. Based on these annual production numbers, the TCPs were US$ 4.75, US$ 4.03, and US$ 4.67 kg−1 for halophyte and US$ 10.45, US$ 14.43, and US$ 11.52 kg−1 for shrimp. Three sales prices were estimated per kilogram of halophyte produced and one fixed price per kilogram of shrimp produced. Only the highest selling price showed favorable indexes after testing sensitivities. Based on the above parameters, halophyte TCP was below sales value, i.e., reference price, with the possibility of increasing the price to “premium” level, indicating that this marine aquaponics production system was feasible for implementation in Brazil. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Aquaculture International Springer Journals

Economic evaluation of the commercial production between Brazilian samphire and whiteleg shrimp in an aquaponics system

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Publisher
Springer Journals
Copyright
Copyright © 2018 by Springer International Publishing AG, part of Springer Nature
Subject
Life Sciences; Freshwater & Marine Ecology; Zoology
ISSN
0967-6120
eISSN
1573-143X
D.O.I.
10.1007/s10499-018-0277-8
Publisher site
See Article on Publisher Site

Abstract

The implementation of aquaponics systems has significantly increased in the last two decades, and several studies have reported on the technical, socioeconomic, and environmental ramifications in order to achieve sustainability in food production. The present study, however, aimed to perform a commercial-scale economic evaluation, using a model marine aquaponics production system with the halophyte Sarcocornia ambigua and the shrimp Litopenaeus vannamei cultivated in nutrient film technology (NFT) and biofloc technology (BFT) systems, respectively. To calculate phytotechnical and zootechnical indexes, we used recent studies available in the literature. Indicators of operational costs (total cost of production—TCP) and financial viability were calculated based on a cash flow horizon of 10 years. The proposed study estimated an initial investment of US$ 474,253.07, with annual TCPs around US$ 192,220.50, US$ 247,740.52, and US$ 223,482.65 years 1, 2 to 9, and 10, the different periods studied. Within these respective periods, the annual production of halophyte was 17,017, 23,286, and 18,808 kg, while marine shrimp production was 10,659, 14,586, and 11,781 kg. Based on these annual production numbers, the TCPs were US$ 4.75, US$ 4.03, and US$ 4.67 kg−1 for halophyte and US$ 10.45, US$ 14.43, and US$ 11.52 kg−1 for shrimp. Three sales prices were estimated per kilogram of halophyte produced and one fixed price per kilogram of shrimp produced. Only the highest selling price showed favorable indexes after testing sensitivities. Based on the above parameters, halophyte TCP was below sales value, i.e., reference price, with the possibility of increasing the price to “premium” level, indicating that this marine aquaponics production system was feasible for implementation in Brazil.

Journal

Aquaculture InternationalSpringer Journals

Published: Jun 4, 2018

References

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