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Economics of Fresh Water Prawn Farming in Southwest Region of Bangladesh

F. Yasmin
Ex-post graduate student
Department of Agricultural Economics, Bangladesh Agricultural University Mymensingh-2202, Bangladesh

M. Hossain
Lecturer
Department of Agricultural Economics, Bangladesh Agricultural University Mymensingh-2202, Bangladesh

M. S. Islam
Scientific Officer
Department of Agricultural Economics, Bangladesh Agricultural University Mymensingh-2202, Bangladesh

M. H. A. Rashid
Professor
Department of Agricultural Economics, Bangladesh Agricultural University Mymensingh-2202, Bangladesh

Abstract/ Executive Summary:

This study was designed to assess the profitability of freshwater prawn farming in gher systems in southwest Bangladesh. Four Upazilas namely: Bagerhat Sadar, Fakirhat, Mollahat and Chitalmari were purposely selected from Bagerhat district. Primary data were collected from randomly selected 100 gher owners. Results of the financial analyses indicate that investment in all the selected golda farming projects is profitable. On an average, total cost of FPF was Tk. 80,301.00 per hectare and average gross return per hectare per year stood at Tk. 216,400.00 and the gross margin per hectare per year was Tk. 205,278.00. The net return per hectare per year was Tk. 136,099.00. Although farmers in the study areas were facing different problems, it was concluded that the freshwater prawn farming is sustainable and it did not have any deleterious effect on environment. Finally, based on the findings of the study, some recommendations were made for the development of sound freshwater prawn farming in Bangladesh.

Keywords: Sustainability, Prawn, Environmental aspect

Location: Bagerhat Sadar, Fakirhat, Mollahat and Chitalmari of Bagerhat district

Start Date: 00-07-2008

End Date: 00-06-2009

Program Area: Socio-economic and Policy

Commodity: Prawn

Objectives:

To determine the cost, return and profitability of freshwater prawn farming;
To assess the sustainability and environmental aspects of freshwater prawn farming under gher systems; and
To suggest some policy guidelines and/or recommendation.

Methodology:

The study was undertaken in 4 Upazilas of Bagerhat district, the southwest part of the country, namely Bagerhat Sadar, Fakirhat, Mollahat and Chitalmari to cover a sample of 100 prawn farmers who were randomly selected. In addition, some relevant information was also collected from a group of well-to-do farmers with economic solvency, through focus group discussion (FGD). This study covered the whole production period of freshwater prawn culture from July 2008 to June 2009. Secondary data was collected through literature and publications available at BFRI library, website, publications of project advisor and program officers, monthly, quarterly and annual reports; Books of Bangladesh Bureau of Statistics, government and nongovernment organizations involved with aquaculture. For making a lucid and meaningful analysis of assessment of the sustainability of freshwater prawn farming in gher system in southwest Bangladesh, following statistical tools were used. Some statistical measures like average, percentage and ratios were calculated and presented in different tables. In this study, costs and returns analysis were done on both variable and total cost basis.

Source of Information: Progress. Agric. 21(1 & 2): 223–231, 2010, ISSN 1017-8139

Article Link (Online Journal): http://www.banglajol.info/index.php/PA/article/view/16779/11801

Funding Source:

Total Budget (Tk.) :

Achievement/Findings:

Integrated prawn farming is highly profitable. Bangladesh is considered one of the most suitable countries in the world for giant freshwater prawn (Macrobrachium rosenbergii) farming, because of its favourable resources and agro-climatic conditions. A sub-tropical climate and a vast area of water bodies provide a unique opportunity for the production of Macrobrachium spp. If modem inputs and production technology can be made available to farmers in time, then yield and production of FPF may be increased which can help the farmers to increase income and improve livelihood conditions. FPF can help in improving the nutritional status of the rural people. Therefore it may be, concluded that where there is lot of paddy field and irrigation facilities, farmers can profitably produce FPF instead of only rice crops. Further, in the areas where land is flood free, production of FPF can be under taken to increase income and employment opportunities of the farmers. The domestic and foreign consumption of FPF is likely to increase in future. The present and future potential market and demand for prawn should be determined through a comprehensive study in order to take up a well planned prawn production programme at national level.

Knowledge Management: Journal