Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil

Detalhes bibliográficos
Autor(a) principal: Soares Rego, Marcelo Augusto
Data de Publicação: 2017
Outros Autores: Sabbag, Omar Jorge [UNESP], Soares, Roberta, Peixoto, Silvio
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional da UNESP
Texto Completo: http://dx.doi.org/10.1007/s10499-016-0044-7
http://hdl.handle.net/11449/159393
Resumo: This study analyzed the financial viability of inserting the biofloc technology (BFT) system and maintaining the conventional culture system for the marine shrimp Litopenaeus vannamei in a farm located in the state of Pernambuco, northeastern Brazil. To obtain information related to investment and operating costs, we used three ponds (625 m(2) each) covered with high-density polyethylene operating with the BFT system and data from three conventional ponds (2.86 ha each) used in a farm during 2014. The total production costs of BFT were eight times higher than the conventional system. Operating profit and profitability index were US$ 51,871.54 ha(-1) year(-1) and 30.22 % for BFT, and US$ 21,523.83 ha(-1) year(-1) and 59.79 % for the conventional system, respectively. In investment analysis, indicators were favorable for both systems, with greater expressiveness of the net present value (NPV) for the BFT (US$ 142,004.42) and internal rate of return (IRR) 4.5 times higher for conventional system (131.86 %). To achieve favorable results of profitability and viability, combined with the ability to contribute to the sustainable development of marine shrimp farming, the BFT system is a promising alternative to replace traditional systems used in northeastern Brazil.
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spelling Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, BrazilBioflocCostsInternal rate of returnNet present valueProfitabilitySensitivityShrimp farmingThis study analyzed the financial viability of inserting the biofloc technology (BFT) system and maintaining the conventional culture system for the marine shrimp Litopenaeus vannamei in a farm located in the state of Pernambuco, northeastern Brazil. To obtain information related to investment and operating costs, we used three ponds (625 m(2) each) covered with high-density polyethylene operating with the BFT system and data from three conventional ponds (2.86 ha each) used in a farm during 2014. The total production costs of BFT were eight times higher than the conventional system. Operating profit and profitability index were US$ 51,871.54 ha(-1) year(-1) and 30.22 % for BFT, and US$ 21,523.83 ha(-1) year(-1) and 59.79 % for the conventional system, respectively. In investment analysis, indicators were favorable for both systems, with greater expressiveness of the net present value (NPV) for the BFT (US$ 142,004.42) and internal rate of return (IRR) 4.5 times higher for conventional system (131.86 %). To achieve favorable results of profitability and viability, combined with the ability to contribute to the sustainable development of marine shrimp farming, the BFT system is a promising alternative to replace traditional systems used in northeastern Brazil.Conselho Nacional de Desenvolvimento Científico e Tecnológico (CNPq)Univ Fed Rural Pernambuco, Dom Manoel de Medeiros St, BR-52171030 Recife, PE, BrazilUniv Estadual Paulista, Brasil Ctr Ave 56, BR-15385000 Sao Paulo, BrazilUniv Estadual Paulista, Brasil Ctr Ave 56, BR-15385000 Sao Paulo, BrazilSpringerUniv Fed Rural PernambucoUniversidade Estadual Paulista (Unesp)Soares Rego, Marcelo AugustoSabbag, Omar Jorge [UNESP]Soares, RobertaPeixoto, Silvio2018-11-26T15:38:44Z2018-11-26T15:38:44Z2017-02-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article473-483application/pdfhttp://dx.doi.org/10.1007/s10499-016-0044-7Aquaculture International. Dordrecht: Springer, v. 25, n. 1, p. 473-483, 2017.0967-6120http://hdl.handle.net/11449/15939310.1007/s10499-016-0044-7WOS:000394249000033WOS000394249000033.pdf74061860258643730000-0003-3940-4240Web of Sciencereponame:Repositório Institucional da UNESPinstname:Universidade Estadual Paulista (UNESP)instacron:UNESPengAquaculture International0,591info:eu-repo/semantics/openAccess2023-10-01T06:08:57Zoai:repositorio.unesp.br:11449/159393Repositório InstitucionalPUBhttp://repositorio.unesp.br/oai/requestopendoar:29462024-08-05T13:41:37.796126Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)false
dc.title.none.fl_str_mv Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil
title Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil
spellingShingle Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil
Soares Rego, Marcelo Augusto
Biofloc
Costs
Internal rate of return
Net present value
Profitability
Sensitivity
Shrimp farming
title_short Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil
title_full Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil
title_fullStr Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil
title_full_unstemmed Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil
title_sort Financial viability of inserting the biofloc technology in a marine shrimp Litopenaeus vannamei farm: a case study in the state of Pernambuco, Brazil
author Soares Rego, Marcelo Augusto
author_facet Soares Rego, Marcelo Augusto
Sabbag, Omar Jorge [UNESP]
Soares, Roberta
Peixoto, Silvio
author_role author
author2 Sabbag, Omar Jorge [UNESP]
Soares, Roberta
Peixoto, Silvio
author2_role author
author
author
dc.contributor.none.fl_str_mv Univ Fed Rural Pernambuco
Universidade Estadual Paulista (Unesp)
dc.contributor.author.fl_str_mv Soares Rego, Marcelo Augusto
Sabbag, Omar Jorge [UNESP]
Soares, Roberta
Peixoto, Silvio
dc.subject.por.fl_str_mv Biofloc
Costs
Internal rate of return
Net present value
Profitability
Sensitivity
Shrimp farming
topic Biofloc
Costs
Internal rate of return
Net present value
Profitability
Sensitivity
Shrimp farming
description This study analyzed the financial viability of inserting the biofloc technology (BFT) system and maintaining the conventional culture system for the marine shrimp Litopenaeus vannamei in a farm located in the state of Pernambuco, northeastern Brazil. To obtain information related to investment and operating costs, we used three ponds (625 m(2) each) covered with high-density polyethylene operating with the BFT system and data from three conventional ponds (2.86 ha each) used in a farm during 2014. The total production costs of BFT were eight times higher than the conventional system. Operating profit and profitability index were US$ 51,871.54 ha(-1) year(-1) and 30.22 % for BFT, and US$ 21,523.83 ha(-1) year(-1) and 59.79 % for the conventional system, respectively. In investment analysis, indicators were favorable for both systems, with greater expressiveness of the net present value (NPV) for the BFT (US$ 142,004.42) and internal rate of return (IRR) 4.5 times higher for conventional system (131.86 %). To achieve favorable results of profitability and viability, combined with the ability to contribute to the sustainable development of marine shrimp farming, the BFT system is a promising alternative to replace traditional systems used in northeastern Brazil.
publishDate 2017
dc.date.none.fl_str_mv 2017-02-01
2018-11-26T15:38:44Z
2018-11-26T15:38:44Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://dx.doi.org/10.1007/s10499-016-0044-7
Aquaculture International. Dordrecht: Springer, v. 25, n. 1, p. 473-483, 2017.
0967-6120
http://hdl.handle.net/11449/159393
10.1007/s10499-016-0044-7
WOS:000394249000033
WOS000394249000033.pdf
7406186025864373
0000-0003-3940-4240
url http://dx.doi.org/10.1007/s10499-016-0044-7
http://hdl.handle.net/11449/159393
identifier_str_mv Aquaculture International. Dordrecht: Springer, v. 25, n. 1, p. 473-483, 2017.
0967-6120
10.1007/s10499-016-0044-7
WOS:000394249000033
WOS000394249000033.pdf
7406186025864373
0000-0003-3940-4240
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Aquaculture International
0,591
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv 473-483
application/pdf
dc.publisher.none.fl_str_mv Springer
publisher.none.fl_str_mv Springer
dc.source.none.fl_str_mv Web of Science
reponame:Repositório Institucional da UNESP
instname:Universidade Estadual Paulista (UNESP)
instacron:UNESP
instname_str Universidade Estadual Paulista (UNESP)
instacron_str UNESP
institution UNESP
reponame_str Repositório Institucional da UNESP
collection Repositório Institucional da UNESP
repository.name.fl_str_mv Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)
repository.mail.fl_str_mv
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