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

Felix Odemero Achoja

doi:10.12714/egejfas.2019.36.2.04

EN

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

Abstract

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.

Keywords

Profitability,constraints,shrimps,value chain,Delta State

References

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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Authors

Felix Odemero Achoja ^*
0000-0002-9705-4923
Nigeria

Publication Date

June 15, 2019

Submission Date

September 24, 2018

Acceptance Date

February 22, 2019

Published in Issue

Year 1970 Volume: 36 Number: 2

DOI

https://doi.org/10.12714/egejfas.2019.36.2.04

IZ

https://izlik.org/JA47NF68EJ

Cite

RIS / Bibtex

APA

Achoja, F. O. (2019). Analysis of profitability of shrimp value chain in Delta State, Nigeria. Ege Journal of Fisheries and Aquatic Sciences, 36(2), 125-133. https://doi.org/10.12714/egejfas.2019.36.2.04

Effect of replacing soybean meal with shrimp waste meal in the diets of growing turkeys on nutrient digestibility and metabolisable energy

Agricultura Tropica et Subtropica

https://doi.org/10.2478/ats-2023-0013

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

Öz

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

Abstract

Keywords

References

Details

Primary Language

Subjects

Journal Section

Authors

Publication Date

Submission Date

Acceptance Date

Published in Issue

DOI

IZ

Cite

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