SavedAdd your journal

Journals / Su Ürünleri Dergisi / 2019 / Cilt: 36 - Sayı: 2

Analysis of profitability of shrimp value chain in Delta State, Nigeria

Felix O. ACHOJA
Pages
125–133
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Marketers should increase their bargaining power at the point of procurement and union dues should be reduced so that shrimp value chain profitability can be enhanced.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study investigated the profitability of shrimp value chain.
📊
Key Findings & Data:Primary data were obtained using well structured questionnaire from randomly selected 240 shrimp operators (harvesters, processors and marketers).
💡
Conclusion & Impact:Marketers should increase their bargaining power at the point of procurement and union dues should be reduced so that shrimp value chain profitability can be enhanced.
🔬Design:Survey & Empirical Study
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Özet

This study investigated the profitability of shrimp value chain. Primary data were obtained using well structured questionnaire from randomly selected 240 shrimp operators (harvesters, processors and marketers). Descriptive and inferential statistical tools were used to analyze collected data. The result revealed that the mean profit realized was N70,092 N36,255 and N26,097.30 by harvesters, processors and marketers respectively. Value added at was N500 and N1000 per basket by processors and marketers respectively. Test of hypothesis indicates that quantity sold (0.218), price (0.033), bargaining power (0.002) and union dues (0.099), showed positive and significant relationship with shrimp value chain profitability. While market levy and store rent showed negative relationship with profitability in shrimp value chain. It was recommended that there should be moderate store rent. Marketers should increase their bargaining power at the point of procurement and union dues should be reduced so that shrimp value chain profitability can be enhanced.

🔖

Cite This Article

ACHOJA, F. O. (2019). Analysis of profitability of shrimp value chain in Delta State, Nigeria. Su Ürünleri Dergisi, Cilt: 36 - Sayı: 2, 125–133. https://ajindex.com/articles/311121

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (3)

  1. Adejoke A. Adewumi, Razaq O. Agunbiade and Opeyemi E. Idowu significant sustained development of the industry elsewhere in West Africa. Amire, A.V. 2008. The challenges of piracy in the marine sector of captured fisheries in Nigeria: Lead Paper. Pages 94-97 In: J.A. Areola F O 2007 Fish marketing and export potentials of fish and fisheries products in Nigeria. Paper presented at the Educative and Informative Aqua-cultural Workshop and Exhibitions tagged: sustainable fisheries livelihood: management and food security in Nigeria, February 23, 2007.
  2. Autqa, J.K. Balogun, P.I. Bolorunduro and H.U. Onimisi, editors. Proceedings of the 23rd Annual Conference of the Fisheries Society of Nigeria, Kaduna, 26-30 Oct 2008. Bene C and Heck S 2005 Fish and Food Security in Africa. In: Fish for all; a turning point for aquaculture and fisheries in Africa. World Fish Centre Quarterly 28 (2 and 3): 8 – 13. Berger, C., Quispe, M. and Talavera, V. (2004). Programa Nacional para la competitivevdad de la acuiculturalagostinera et al Peru 2005- 2014. Asociacionlangostinera Peruana (ALPE). Bffea. (January-April 2012). Shrimp & Fish: Newsletter of BFFEA. BFFEA Business Day 2004 Shell/USAID N266 bn shrimp project on Shaky start. Business Day Newspaper, December 13, 2004, Volume 3 (374): 1 – 2. CIDA (Canadian International Development Agency) 2003 Promoting Sustainable Rural Development throughAgriculture. Canada making a Difference in the world. http://www.acdi-cida.gc.ca/ inet/images.nsf/vLUImages/agriculture/$file/Agriculture-e.pdf Delgado C, Wada N, Rosegrant M, Meijer S and Ahmed M 2003 Fish to 2020 Supply and Demand in Changing Global Markets. Washington DC: International Food Policy Research Institute, and Penang. World Fish Centre. http://www.ifpri.org/sites/ default/files/publications/oc44.pdf Dublin–Green and J.G. Tobor. 1992. Fin and shellfish of conservation interest in Nigeria. NIOMR(Nigerian Institute for Oceanography and Marine Research) Paper Technical, 79. Ezenwa, B.I. 1991. Studies on development of fertilized eggs, larvae, juveniles and broodstock of the pink shrimp, Penaeus notalis and prawn, Macrobrachriumvollenvenii. NIOMR (Nigerian Institute for Oceanography and Marine Research) Annual Report, 1991.
  3. Ezenwa, B.I., W. Alegbeleye, P.E.Anyawu, M.E. Mosugu, A.O. Aladetowa and A.O.Ogbenede 1992. Studies on development of fertilized eggs, larvae, juveniles and broodstock of the pink shrimp and prawn. NIOMR (Nigerian Institute for Oceanography and Marine Research) An