Information about http://aquaculture.noaa.gov/pdf/econ/fig2_9.pdf
Excerpt from a NOAA Aquaculture Program report, Offshore Aquaculture…
Tags: capital intensity, conversion ratio, economic considerations, economic viability, environmental factors, excerpt from, feed conversion, fish farm, labor productivity, noaa, offshore aquaculture, parameters, publication version, regulatory factors, regulatory restrictions, royalties, survival rate, time feed, united states, water dept,Pages: 1
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Created: Mon Jul 28 12:20:35 2008
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Excerpt from a NOAA Aquaculture Program report, Offshore Aquaculture in the United States:
Economic Considerations, Implications & Opportunities (Pre-publication version). For more
information, please see Chapter 2 of the report (http://aquaculture.noaa.gov/news/econ.html).
Figure 2.9. Major factors affecting the economic viability of a fish farm.
Major cost parameters Major cost
components
Capital intensity
Regulatory factors
Farm
design Operating life
Is farming allowed? Facilities
Technology Discount rate costs
Regulatory restrictions and
requirements Start-up period
Scale
Permitting process cost and
time Feed conversion ratio Feed
costs
Regulatory certainty Price of feed
Taxes and royalties
Juvenile survival rate
Juvenile
Environmental factors Average harvest costs
weight
Do suitable sites exist?
Price per juvenile
Site exposure
Labor productivity
Water depth
Wage rates Other
Water quality and flow operating
Distance from shore costs
Economic factors
Labor supply & wages
Infrastructure (roads, ports, Farm cost per pound
energy, etc.)
Political & economic stability
Is the farm
economically
viable?
Industry factors
Availability and cost of
juveniles Farm price per pound
Availability of skilled labor and
technical specialists
Market factors
Marine support infrastructure
Demand in local, national, & international markets
Processing & distribution
infrastructure Supply to local, national & international markets
Level of farming technology Transportation and processing cost differentials
relative to competitors
Scale of production
Market quality perception differentials relative to
Market development competitors
Exchange rates