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Title: Economic analysis of Barramundi (Lates calcarifer) (Bloch 1790), in Pakistan and opportunities for its aquaculture development
Authors: Shah, S B H
Yongtong, M
Narejo, N T
Jarwar, A
Oad, S
Ali, M
Li, Y
Nisar, U
Keywords: AGR model;Aquaculture Production;Barramundi;Capture Production;Pakistan;Strategies
Issue Date: Aug-2020
Publisher: NISCAIR-CSIR, India
Abstract: Barramundi, (Lates calcarifer) is one of the most commercially important fish species. In Pakistan, farming of this species is relatively new. Article delivers the economic analysis of Barramundi and its fishery resources in Pakistan. The analysis includes the capture production, aquaculture production and market price. The Capture production of Barramundi in Pakistan has shown a declining trend by average at 18 t y-1 from 605 t in 1986 to 121.2 t in 2018. Similarly, wholesale and retail market prices witnessed an increase from 2003 to 2018. During this period, the wholesale price rose to 384.3 PKR/kg from 69 PKR/kg, while the retail price surged to 395.2 PKR/kg from 97 PKR/kg. On the other hand, the increasing operational fishing fleets from 15513 (1990) to 30000 (2018) has reduced Fishery resources of barramundi i.e. from 312 ton to 130 and its body weight from 13.42 kg to 3.5 kg during the period from 1990 to 2018. On the contrary, aquaculture production registered a rising trend by average of 0.5 t y-1 from 05 t in 2009 to 8.2 t in 2018. The rise in aquaculture production of Barramundi is not satisfactory when compared to its growth rate in other countries like Bangladesh, Thailand, Australia, China, India etc. In this study, we find out the major causes of non-satisfactory rise in aquaculture production by the using AGR model. Results show that the main reasons beyond decline in the growth included inaccessibility of Barramundi Seed, unavailability of Barramundi Hatcheries and lack of government Support.
Page(s): 1425-1434
ISSN: 2582-6727 (Online); 2582-6506 (Print)
Appears in Collections:IJMS Vol.49(08) [August 2020]

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