4.3 Article

RELATIONSHIP BETWEEN TROPHIC LEVEL AND ECONOMICS IN AQUACULTURE

Journal

AQUACULTURE ECONOMICS & MANAGEMENT
Volume 16, Issue 1, Pages 40-67

Publisher

TAYLOR & FRANCIS INC
DOI: 10.1080/13657305.2012.649046

Keywords

ecological efficiency; fisheries; production costs; profitability; sustainable aquaculture; trophic level

Funding

  1. Israeli Ministry for National Infrastructures
  2. Portuguese Foundation for Science and Technology

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The rising share of aquaculture in supplying seafood changes the mixture of species in the world's market, because capture fisheries target carnivorous species whereas aquaculture focuses on species that are lower in the food chain. Trophic level correlates with production volume (tons/yr) and with unit value (US$/ton) in aquaculture but not in capture fisheries (FAO's fisheries data). Apparently, sustainability and economics in aquaculture both depend on ecological efficiency, i.e., the use of resources and the production of waste. Species feeding low in the food chain use efficiently the natural resources. Each level up the food chain inflates costs related to the use of resources, the production of waste and the maintenance of water quality. This effect has further repercussions on the economics of aquaculture: (1) cost influences profit and unit price, and (2) price influences demand and market share. The overall ecological efficiency, sustainability and economics of culturing carnivorous fish are improved by growing them in an ecological balance with species from low trophic levels in integrated multi-trophic aquaculture.

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