Investment analysis of rainbow trout cage farming in the inland waters

Demircan V., SARICA D., DİKEN G., Naziroglu A.

Custos e Agronegocio, cilt.19, sa.2, ss.50-68, 2023 (SCI-Expanded, SSCI, Scopus) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 19 Sayı: 2
  • Basım Tarihi: 2023
  • Dergi Adı: Custos e Agronegocio
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Social Sciences Citation Index (SSCI), Scopus, CAB Abstracts, Veterinary Science Database
  • Sayfa Sayıları: ss.50-68
  • Anahtar Kelimeler: Cage farming, Inland waters, Investment analysis, Rainbow trout
  • Isparta Uygulamalı Bilimler Üniversitesi Adresli: Evet

Özet

The study aims to conduct an investment analysis of inland water cage farms for rainbow trout. The investigation was conducted in Türkiye’s Western Mediterranean region, in the Karacaören-I Dam Lake. The material was collected by the survey method from all farms (21 farms) and they were divided into three groups based on their capacities. The net present value of the investment was 145,214.08, 451,399.11, and 6,485,245.11 in Groups I, II, and III, respectively. This value increased in tandem with the farms’ capacity. The internal rates of return were 29.09%, 82.23%, and 204.09%, respectively, in Groups I, II, and III, and they rose as farm capacity did. Additionally, the benefit-cost ratios increased as farm capacity rose. Accordingly, all farm groups’ investments have positive net present values, benefit-cost ratios that are larger than one, and acceptable internal rates of return. Comparing farm groups, it was discovered that large farms were more advantageous.