ISSN 2284-7995, ISSN Online 2285-3952
 

ECONOMIC ANALYSIS OF RAINBOW TROUT CAGE FARMS DIFFERING IN SIZES

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 1
Written by Vecdi DEMIRCAN, Gurkan DIKEN, Deniz SARICA, Asli DALGIC

This study aims to conduct an economic analysis of the farms breeding rainbow trout in cages in Türkiye. The study was carried out at Karacaören-I Dam Lake in the Western Mediterranean Region of Türkiye. The primary material of the study was the data gathered using the survey approach from all 21 farms. The farms were divided into three groups according to their capacities. According to the results, it was determined that as the size of the farm increased, the production costs per tonne decreased, and the gross and net profits, as well as the relative return, increased. In Groups I, II, and III, production costs per tonne were determined as $1,975.57, $1,703.01, and $1,384.23, respectively, and net profit was $514.21, $724.60, and $1,388.31. It was found that the profit margin of 1 kg of trout and the ratio of profit margin to sales price increased as the farm groups grew. Accordingly, farms in Group III made a profit of 48.90% from each kg of trout they sold, while farms in Group I earned 18.33% and in Group II made a profit of 28.23%. With these results, it was established that large farms were more advantageous from an economic standpoint.

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DEMIRCAN V., DIKEN G., SARICA D., DALGIC A. 2024, ECONOMIC ANALYSIS OF RAINBOW TROUT CAGE FARMS DIFFERING IN SIZES . Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 1, PRINT ISSN 2284-7995, 295-304.

The publisher is not responsible for the opinions published in the Volume. They represent the authors’ point of view.

© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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