Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 2
Written by Raluca-Aniela GHEORGHE-IRIMIA, Dana TĂPĂLOAGĂ, Cosmin ȘONEA, Alexandru USTUROI, Paul-Rodian TĂPĂLOAGĂ
The significance of aquaculture in contributing to global food security is well-established, especially as traditional fishery yields plateau. Recognizing the essential role of hatcheries and nurseries in sustainable development, this paper examines Romanian aquaculture, predicting production trends until 2034. Employing time-series analysis via Microsoft Excel, it forecasts production at various life cycle stages, from eggs to juveniles, excluding mature aquaculture outputs. The study highlights expected outputs alongside their associated confidence intervals, pinpointing potential fluctuations. The forecasted trends in Romanian aquaculture highlight the potential for growth in the sector, reflecting an industry poised to meet future demands. However, the variability encapsulated within the confidence intervals suggests that stakeholders should remain adaptable to changes. Strategic planning should therefore incorporate these forecasts while also considering environmental, economic, and technological developments that could influence production. The findings underscore the need for ongoing research and adaptive management to maintain and enhance the contribution of aquaculture to food security and economic development in Romania and beyond.