Economic feasibility study of Litopenaeus vannamei shrimp farming: nanobubble investment in increasing harvest productivity

This study aimed to evaluate the economic feasibility of Litopenaeus vannamei shrimp reared at 400 shrimp/m2 in 56 days of culture. The experimental design was set in an 800 m2 HDPE pond installed with nanobubble and non-nanobubble. Shrimp survival and total harvest in nanobubble treatment was incr...

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Main Authors: Syifa Mauladani, Asri Ifani Rahmawati, Muhammad Fahrurrozi Absirin, Rizki Nugraha Saputra, Aprian Fajar Pratama, Arief Hidayatullah, Agus Dwiarto, Ahmad Syarif, Hardi Junaedi, Dedi Cahyadi, Henry Kasman Hadi Saputra, Wendy Tri Prabowo, Ujang Komarudin Asdani Kartamiharja, Alfian Noviyanto, Nurul Taufiqu Rochman
Format: Article
Language:English
Published: Asosiasi Sains Akuakultur Indonesia 2020-04-01
Series:Jurnal Akuakultur Indonesia
Online Access:https://journal.ipb.ac.id/index.php/jai/article/view/29645
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author Syifa Mauladani
Asri Ifani Rahmawati
Muhammad Fahrurrozi Absirin
Rizki Nugraha Saputra
Aprian Fajar Pratama
Arief Hidayatullah
Agus Dwiarto
Ahmad Syarif
Hardi Junaedi
Dedi Cahyadi
Henry Kasman Hadi Saputra
Wendy Tri Prabowo
Ujang Komarudin Asdani Kartamiharja
Alfian Noviyanto
Nurul Taufiqu Rochman
author_facet Syifa Mauladani
Asri Ifani Rahmawati
Muhammad Fahrurrozi Absirin
Rizki Nugraha Saputra
Aprian Fajar Pratama
Arief Hidayatullah
Agus Dwiarto
Ahmad Syarif
Hardi Junaedi
Dedi Cahyadi
Henry Kasman Hadi Saputra
Wendy Tri Prabowo
Ujang Komarudin Asdani Kartamiharja
Alfian Noviyanto
Nurul Taufiqu Rochman
author_sort Syifa Mauladani
collection DOAJ
description This study aimed to evaluate the economic feasibility of Litopenaeus vannamei shrimp reared at 400 shrimp/m2 in 56 days of culture. The experimental design was set in an 800 m2 HDPE pond installed with nanobubble and non-nanobubble. Shrimp survival and total harvest in nanobubble treatment was increased to 92% and 2,255 kg, respectively. Economic parameters calculated in this study were Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), Break Even Point (BEP), Benefit Cost Ratio (B/C Ratio), and Sensitivity Analysis (SA). The total investment required to run this farming practice is IDR 182,887,700. Total revenue per cycle is estimated at IDR 157,850,000 with the selling price of IDR 70,000/kg of shrimp. The estimated PP is 4 cycles, with an NPV of IDR 172,329,247 projected in 10 cycles. IRR is estimated at 18% and BEP is reached after 7,058 kg production of shrimp. B/C Ratio is estimated to be 1.26 and SA showed that productivity is the most affecting parameters in the present analysis. Based on the economic study, vannamei shrimp farming associated with nanobubble system is feasible to be realized.
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institution Kabale University
issn 1412-5269
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language English
publishDate 2020-04-01
publisher Asosiasi Sains Akuakultur Indonesia
record_format Article
series Jurnal Akuakultur Indonesia
spelling doaj-art-85aea85e899d4fbf8565a0ec21cec8932025-01-24T17:56:54ZengAsosiasi Sains Akuakultur IndonesiaJurnal Akuakultur Indonesia1412-52692354-67002020-04-0119110.19027/jai.19.1.30-3829645Economic feasibility study of Litopenaeus vannamei shrimp farming: nanobubble investment in increasing harvest productivitySyifa Mauladani0Asri Ifani Rahmawati1Muhammad Fahrurrozi Absirin2Rizki Nugraha Saputra3Aprian Fajar Pratama4Arief Hidayatullah5Agus Dwiarto6Ahmad Syarif7Hardi Junaedi8Dedi Cahyadi9Henry Kasman Hadi Saputra10Wendy Tri Prabowo11Ujang Komarudin Asdani Kartamiharja12Alfian Noviyanto13Nurul Taufiqu Rochman14Nanobubble Karya Indonesia, LtdNanobubble Karya Indonesia, Ltd.Nanobubble Karya Indonesia, LtdNanobubble Karya Indonesia, LtdNanobubble Karya Indonesia, LtdNanobubble Karya Indonesia, LtdNanobubble Karya Indonesia, LtdNanobubble Karya Indonesia, LtdBogor Agricultural UniversityNanobubble Karya Indonesia, LtdBogor Agricultural UniversityBPBAP SitubondoBPBAP SitubondoMercu Buana UniversityResearch Center of Metallurgy and Materials This study aimed to evaluate the economic feasibility of Litopenaeus vannamei shrimp reared at 400 shrimp/m2 in 56 days of culture. The experimental design was set in an 800 m2 HDPE pond installed with nanobubble and non-nanobubble. Shrimp survival and total harvest in nanobubble treatment was increased to 92% and 2,255 kg, respectively. Economic parameters calculated in this study were Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), Break Even Point (BEP), Benefit Cost Ratio (B/C Ratio), and Sensitivity Analysis (SA). The total investment required to run this farming practice is IDR 182,887,700. Total revenue per cycle is estimated at IDR 157,850,000 with the selling price of IDR 70,000/kg of shrimp. The estimated PP is 4 cycles, with an NPV of IDR 172,329,247 projected in 10 cycles. IRR is estimated at 18% and BEP is reached after 7,058 kg production of shrimp. B/C Ratio is estimated to be 1.26 and SA showed that productivity is the most affecting parameters in the present analysis. Based on the economic study, vannamei shrimp farming associated with nanobubble system is feasible to be realized. https://journal.ipb.ac.id/index.php/jai/article/view/29645
spellingShingle Syifa Mauladani
Asri Ifani Rahmawati
Muhammad Fahrurrozi Absirin
Rizki Nugraha Saputra
Aprian Fajar Pratama
Arief Hidayatullah
Agus Dwiarto
Ahmad Syarif
Hardi Junaedi
Dedi Cahyadi
Henry Kasman Hadi Saputra
Wendy Tri Prabowo
Ujang Komarudin Asdani Kartamiharja
Alfian Noviyanto
Nurul Taufiqu Rochman
Economic feasibility study of Litopenaeus vannamei shrimp farming: nanobubble investment in increasing harvest productivity
Jurnal Akuakultur Indonesia
title Economic feasibility study of Litopenaeus vannamei shrimp farming: nanobubble investment in increasing harvest productivity
title_full Economic feasibility study of Litopenaeus vannamei shrimp farming: nanobubble investment in increasing harvest productivity
title_fullStr Economic feasibility study of Litopenaeus vannamei shrimp farming: nanobubble investment in increasing harvest productivity
title_full_unstemmed Economic feasibility study of Litopenaeus vannamei shrimp farming: nanobubble investment in increasing harvest productivity
title_short Economic feasibility study of Litopenaeus vannamei shrimp farming: nanobubble investment in increasing harvest productivity
title_sort economic feasibility study of litopenaeus vannamei shrimp farming nanobubble investment in increasing harvest productivity
url https://journal.ipb.ac.id/index.php/jai/article/view/29645
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