economic analysis of fish farming in kenya carole engle, ivano neira & kwamena quagrainie...

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ECONOMIC ANALYSIS OF ECONOMIC ANALYSIS OF FISH FARMING IN KENYA FISH FARMING IN KENYA Carole Engle, Ivano Neira & Kwamena Carole Engle, Ivano Neira & Kwamena Quagrainie Quagrainie University of Arkansas at Pine Bluff, Arkansas, US University of Arkansas at Pine Bluff, Arkansas, US Charles Ngugi & Mucai Muchiri Charles Ngugi & Mucai Muchiri Moi University, Kenya Moi University, Kenya

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ECONOMIC ANALYSIS OF ECONOMIC ANALYSIS OF

FISH FARMING IN KENYAFISH FARMING IN KENYA

Carole Engle, Ivano Neira & Kwamena QuagrainieCarole Engle, Ivano Neira & Kwamena QuagrainieUniversity of Arkansas at Pine Bluff, Arkansas, USUniversity of Arkansas at Pine Bluff, Arkansas, US

Charles Ngugi & Mucai MuchiriCharles Ngugi & Mucai MuchiriMoi University, KenyaMoi University, Kenya

BackgroundBackground

Continued PD/A CRSP research with improved Continued PD/A CRSP research with improved

production technologyproduction technology

Limited expansion in fish productionLimited expansion in fish production

Expansions limited by financial resourcesExpansions limited by financial resources

Need for better understanding of farm Need for better understanding of farm

economic & financial performance economic & financial performance

Need for farm data & information to estimate Need for farm data & information to estimate

economic and financial indicatorseconomic and financial indicators

ImportanceImportance

Assessment of farm

profitability

Provision of economic

data useful to lending

agencies

Business plans &

enterprise budget needed

for financial assistance

ObjectiveObjective

To collect and organize economic

information necessary for

preparing enterprise budgets and

business plans for fish farms

Pond Records: ProductionPond Records: Production & & YieldYield

StockingDateSizeWeightFingerling

quantityFingerling

sources

Pond Records: ProductionPond Records: Production & Yield & Yield

HarvestDateSizeWeightNumber of

fingerlingsMortalityGrowthYield

Pond Records: Feeding, Pond Records: Feeding, Other SuppliesOther Supplies

Type of feed

Daily feeding

Total feeding

Type of fertilizer

Date, quantity,

type

Pond Records: Unit Pond Records: Unit CostCost

Item Description Unit Cost/unit

Fingerling

Feed

Fertilizer

Labour

Energy

etc

Pond Records: Sale Pond Records: Sale PricesPrices

DDaattee PPrriiccee rreecceeiivveedd

Pond Records: Rate Of Pond Records: Rate Of Use Of The SuppliesUse Of The Supplies

IndicatorIndicator Year 1Year 1 Year 2Year 2 Year 3Year 3

STOCKINGSTOCKING Averaged stocking density per mAveraged stocking density per m22

Total stocking of the farm.Total stocking of the farm.

HARVESTHARVEST No. of harvested life tilapia /haNo. of harvested life tilapia /ha kg of harvest whole tilapia/hakg of harvest whole tilapia/ha kg of harvest whole tilapia /farmkg of harvest whole tilapia /farm

Pond Records: Rate of Use of the Pond Records: Rate of Use of the SuppliesSupplies

Indicator Year 1 Year 2 Year 3

FERTILIZER: kg fertilizer/ha kg fertilizer/pond kg fertilizer/farm

FEED kg feed/ha kg feed/pond kg feed/farm

Indicator Year 1 Year 2 Year 3

Management/labor

Labor hrs /ha

Labor hrs /farm

Labor hrs/kg

Management cost/ha

Management cost /farm

Management cost /kg

Pond Records: Rate of Use of the Pond Records: Rate of Use of the SuppliesSupplies

SummarySummary

Manual on Tilapia Farm

Business Management and

Economics

Training Workshops in 2004

Funding for this research was

provided by the

Aquaculture

Collaborative

Research Support

ProgramThe Aquaculture CRSP is funded in part by United

States Agency for International Development

(USAID) Grant No. LAG-G-00-96-90015-00 and by

participating institutions.