Economic and financial analysis of live bait production of curimba: a case study
Live bait production is a relevant socioeconomic activity for fishermen and fosters the touristic infrastructure of Mato Grosso do Sul state, especially in the Pantanal biome. This study aims to analyze economic and financial viability associated with live bait production of curimba (Prochilodus li...
Saved in:
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universidade Federal de Goiás
2025-03-01
|
| Series: | Ciência Animal Brasileira |
| Online Access: | https://revistas.ufg.br/vet/article/view/80319 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | Live bait production is a relevant socioeconomic activity for fishermen and fosters the
touristic infrastructure of Mato Grosso do Sul state, especially in the Pantanal biome. This study
aims to analyze economic and financial viability associated with live bait production of curimba
(Prochilodus lineatus) used by the market of Mato Grosso do Sul’s Pantanal. The present work
collected zootechnical data and evaluated costs of production. A SWOT analysis was performed
to identify strong and opportunities, as well as the weaknesses and threats of the property in
question. Economic feasibility was analyzed through key indicators, such as Effective Operational
Cost (EOC), Total Operational Cost (TOC), Total Cost (TC), Gross Margin (GM), Net Margin (NM),
Profit (P) and Gross Revenue (GR). Financial feasibility evaluation was based on these indicators:
Net Present Value (NPV), Internal Rate of Return (IRR), Payback and Profitability Index (PI). We
considered three productivity scenarios for the indicators: realistic, pessimistic and optimistic,
during the period of commercialization of live baits. Curimba’s live bait production is a profitable
activity. The estimated values were R$ 208,209.60 for GR, R$ 102,870.14 for GM, R$ 62,092.62
for NM and R$ 60,370.55 of P, whereas financial return after the first investment was 3.3 years.
These results indicate that this activity has a potential for an increase of production in the future,
offering direct financial advantages to the suppliers, enhancing fishery’s sustainable actions
at Pantanal. Considering the variable market’s dynamic, this present work provides valuable
insights that can guide future developing decisions and strategies for the suppliers of live baits
in this specific location.
|
|---|---|
| ISSN: | 1518-2797 1809-6891 |