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Market prospects of farmed Asian seabass Lates calcarifer (Bloch).

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Title Market prospects of farmed Asian seabass Lates calcarifer (Bloch).
Not Available
 
Creator T. Ravishankar
A.R. Thirunavukkarasu
 
Subject Asian seabass
Domestic
Export markets
Financial viability
Fish marketing
 
Description Not Available
Asian seabass (barramundi) is one of the ideal species for diversification of Indian brackishwater aquaculture sector which
has a good domestic market potential in India. The financial profitability of seabass farming works out to 29.18% of Return
on Investment (ROI). On comparison with tiger shrimp in a planning horizon of 10 years, with inclusion of 0.49 estimated
probability of risk of crop failures for shrimp, yielded Internal Rate of Return (IRR) values of 29.18% and 23.72% for
seabass and shrimp respectively. Interestingly if a 10 % increase in revenue (either by increase of output quantum/price) or a
10 % decrease in costs would make both seabass and shrimp culture to return IRR values over 40%. In addition to this long
term financial soundness, eco-biological and other risks associated with seabass farming are less compared to shrimp farming.
Efforts on marketing of live seabass in domestic as well as middle and south-east Asian countries markets as well as on
export of frozen seabass and fillets to northern European countries could help seabass farmers. Asian seabass culture could
help in ensuring livelihood security to the coastal poor, nutritional security to Indian public and export earnings to the
country
Not Available
 
Date 2023-07-31T08:53:25Z
2023-07-31T08:53:25Z
2010-01-01
 
Type Journal
 
Identifier Not Available
Not Available
http://krishi.icar.gov.in/jspui/handle/123456789/80359
 
Language English
 
Relation Not Available;
 
Publisher Not Available