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Economic analysis of land based farming of salmon

Economic analysis of land based farming of salmon AbstractLand-based farming of salmon is emerging for a number of reasons. The demand for salmon is increasing in many parts of the world. In recent years there has been limited growth in production due to binding government regulations and environmental challenges in sea-based salmon aquaculture. This is true both for Norway (sea lice, salmon escapes) and Chile (sea lice, disease problems), the two largest producers of salmon. Growing demand and limited expansion in production have made for a very profitable industry. At the same time, there have been technological developments when it comes to land-based farming (a technology used for smolt production and species such as sole and turbot), and cost of production has changed. Currently, land-based salmon farming is in operation or in development in several countries including the USA, Denmark, and Norway. In this paper, the economics of land-based salmon farming in a Norwegian context is presented, with an emphasis on the relative competitiveness of this vis-à-vis sea-based farming. If successful, land-based farming could potentially have an important impact on the dynamics of the salmon market. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Aquaculture Economics & Management Taylor & Francis

Economic analysis of land based farming of salmon

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Economic analysis of land based farming of salmon

Abstract

AbstractLand-based farming of salmon is emerging for a number of reasons. The demand for salmon is increasing in many parts of the world. In recent years there has been limited growth in production due to binding government regulations and environmental challenges in sea-based salmon aquaculture. This is true both for Norway (sea lice, salmon escapes) and Chile (sea lice, disease problems), the two largest producers of salmon. Growing demand and limited expansion in production have made for a...
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Publisher
Taylor & Francis
Copyright
© 2019 Taylor & Francis Group, LLC
ISSN
1551-8663
eISSN
1365-7305
DOI
10.1080/13657305.2019.1654558
Publisher site
See Article on Publisher Site

Abstract

AbstractLand-based farming of salmon is emerging for a number of reasons. The demand for salmon is increasing in many parts of the world. In recent years there has been limited growth in production due to binding government regulations and environmental challenges in sea-based salmon aquaculture. This is true both for Norway (sea lice, salmon escapes) and Chile (sea lice, disease problems), the two largest producers of salmon. Growing demand and limited expansion in production have made for a very profitable industry. At the same time, there have been technological developments when it comes to land-based farming (a technology used for smolt production and species such as sole and turbot), and cost of production has changed. Currently, land-based salmon farming is in operation or in development in several countries including the USA, Denmark, and Norway. In this paper, the economics of land-based salmon farming in a Norwegian context is presented, with an emphasis on the relative competitiveness of this vis-à-vis sea-based farming. If successful, land-based farming could potentially have an important impact on the dynamics of the salmon market.

Journal

Aquaculture Economics & Management – Taylor & Francis

Published: Oct 2, 2019

Keywords: Salmon aquaculture; land-based; cost of production; risk analysis

References

  • The cost of lice: Quantifying the impacts of parasitic sea lice on farmed salmon
  • Farming the sea
  • Price dynamics in biological production processes exposed to environmental shocks
  • Profitability in Norwegian salmon farming: The impact of firm size and price variability
  • The potential of aquaculture sole production in Europe: Production costs and markets
  • The demands they are a-changin
  • Reviewing capital cost estimations in aquaculture
  • “Great expectations” – Allocating licenses with special requirements in Norwegian salmon farming
  • Technology selection – The impact of economic risk on decision-making
  • Wild and farmed salmon in Norway – A review
  • Big fish: Valuation of the world’s largest salmon farming companies
  • From a natural occurring parasitic organism to a management object: Historical perceptions and discourses related to salmon lice in Norway
  • What can we learn from a sanitary crisis? The ISA virus and market prices
  • Innovation and productivity growth in Norwegian production of juvenile salmonids
  • Risk assessment of the environmental impact of Norwegian Atlantic salmon farming