The financial feasibility of
small-scale grouper aquaculture in the Philippines
R.S. Pomeroy, R. Agbayani, M. Duray, J. Tooledo, G.
Quinito-2004
Aquaculture Economics & Management, 8(1-2): 61-83
Abstract:
This paper presents the results of an economic
analysis of the aquaculture of two species of grouper: E. coioides
(orange-spotted grouper, green grouper, red-spotted grouper) and E. malabaricus
(malabar grouper, black-spotted grouper) for small producers in the
Philippines. The findings of the analysis indicate that, based on the
assumptions, grouper culture is financially feasible. However, the capital
requirements for the broodstock, hatchery/nursery, and integrated system may
be beyond the financial means of many small producers. These stages of
grouper culture may need to be developed as a larger project by private
investors or government. The capital investment requirement for grow-out
(not including purchase of transport boxes) is within the financial means of
small producers. Loans or other incentives will need to be made available
for the small producer, but the cash flow indicates that these loans can be
repaid in the first year of production
(e-mail: Robert.pomeroy@uconn.edu)