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http://dx.doi.org/10.13000/JFMSE.2016.28.5.1280

An Economic Analysis of Rainbow Trout(Onchorhynchus mykiss) Aquaculture Farms  

PAEK, Jin-Yi (National Institute of Fisheries Science)
PARK, Kyoung-Il (National Institute of Fisheries Science)
Publication Information
Journal of Fisheries and Marine Sciences Education / v.28, no.5, 2016 , pp. 1280-1289 More about this Journal
Abstract
This study aims to conduct economic analysis of the Rainbow Trout (Onchorhynchus mykiss) aquaculture farms in Korea. The analysis was performed based on farming cost, market price of the species and fishermen's income. We estimated the farms' economic feasibility using return on sales, the NPV, the IRR and the break-even point. The result indicated that while the profitability depends on current aquaculture production performance and market situation, the business operation is up to price and aquaculture production of species. According to sensitivity analyses of price and yield, aquaculture business becomes poorer with lower price and production.
Keywords
Rainbow trout; Economic feasibility; Sensitivity analysis;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
연도 인용수 순위
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