Economic analysis of prawn (Penaeus monodon) culture in the Philippines, II: Grow-out operations
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The dramatic fall in prawn (Penaeus monodon) prices coupled with environmental concerns has resulted in a relative stagnation of prawn grow-out operations in the Philippines. Leaders of the Philippine aquaculture sector are concerned that their cost of production is higher than that of their close competitors in Indonesia and Thailand. Also, the environmental and production crash experienced in Taiwan has led to a general perception that intensive culture cannot be sustained. The sector recently experienced a lack of direction and growth, combined with crowded water sheds, excessive use of water bodies, overuse of groundwater and continued destruction of mangrove. A field survey of prawn growers was conducted in August-October 1992 using a standardized economic questionnaire that included costs, returns and growers perceptions of constraints. Economic estimates were developed for representative production systems; intensive, semi-intensive, extensive and prawn-milkfish rotation. The incentive to expand the prawn pond area is not strong. Existing intensive facilities can be operated efficiently and profitably, but new intensive operations will most likely need to include water treatment capabilities for water entering and exiting grow-out ponds. Canals, reservoirs or ponds used for water quality improvement may be able to concurrently produce a profitable crop, such as milkfish-prawn rotation. Internal rate of return for semi-intensive ponds using earthen ponds was higher than for other culture systems. If, over time, water quality and conservation constraints are sufficiently addressed, stocking densities might be increased. Research and extension programs targeting equity should focus on integrated systems.
CitationHatch, U., Agbayani, R., & Belleza, E. (1996). Economic analysis of prawn (Penaeus monodon) culture in the Philippines, II: Grow-out operations.
PublisherAsian Fisheries Society
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Conference paperIbA Kechik - In TU Bagarinao & EEC Flores (Eds.), Towards sustainable aquaculture in Southeast Asia and Japan: Proceedings of the Seminar-Workshop on Aquaculture Development in Southeast Asia, Iloilo City, Philippines, 26-28 July, 1994, 1995 - SEAFDEC Aquaculture DepartmentAquaculture in Malaysia is experiencing rapid growth. Total production in 1992 amounted to 79,699 tons valued at RM 207.4 million. These figures are 23% and 25% higher than the previous year's. Semi-culture of the cockle Anadara granosa was still predominant, contributing about 70% of the total output. Culture and production of the oyster Crassostrea iredalei is still insignificant. Sea bass Lates calcarifer constituted over 80% of the production from marine cages. Cage culture of grouper Epinephelus sp., snapper Lutjanus sp. and pompano Trachinotus blochii were also done in much smaller scale. The mangrove snapper Lutjanus argentimaculatus was recently spawned in captivity and larvae and juveniles were produced. In 1992, the tiger shrimp Penaeus monodon constituted about 87% of brackishwater pond production. Pond culture of the white shrimp P. merguiensis and the mudcrab Scylla sp. is at the experimental stage. Red tilapia hybrid was the major freshwater species cultured in cages, with 1,486 tons harvested in 1992. Freshwater pond production was valued at RM 100.85 million, 22% of which was due to the eel Anguilla japonica. Production of freshwater ornamental fishes is also becoming significant. Other exotic species recently bred and cultured are the African catfish Clarias gariepinus and the pacu Piaractus brachypomus. The indigenous freshwater catfish Mystus nemurus and carp Probarbus julleini have recently been bred in captivity and cultured experimentally. Lately, there have been attempts to culture non-conventional species such as the bullfrog Rana catesbeiana, the soft-shell turtle Trionyx sinensis, and aquatic ornamental plants.
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