Comparison of Shrimp Aquaculture Production and Value Chain Mapping between Indonesia and Thailand
Wini Rismawati,
Orachos Napasintuwong and
Kulapa Kuldilok
No 356563, ARE Working Papers from Kasetsart University - Department of Agricultural and Resource Economics
Abstract:
The world’s population has climbed significantly which has triggered a rise in global food demand in the past two decades. Achieving food security emerges as a crucial target, with fisheries and aquaculture standing out as one of the significant sources for meeting food supply needs. Shrimp is one of the most popular aquaculture products in Southeast Asia, especially in Indonesia and Thailand. Shrimp farming has developed well in Indonesia and Thailand which contributes to economic development and helps sustainably feed the growing human population. However, shrimp farming production in both countries was still expectations due to many challenges. Therefore, the objectives of this study are: (1) compare the production of shrimp farming between Indonesia and Thailand and (2) map the value chain of shrimp farming in Indonesia and Thailand. The results show that the trend in shrimp farming production in tonnes and USD in both countries was upward with some minor decreases in Indonesia and a drastic decrease in Thailand. In addition, the challenges in shrimp production in both countries are similar, they are disease and production cost, Thailand was facing a more severe disease that caused significant loss of shrimp farming production. Meanwhile, regarding the value chain, both countries have a similar flow of value chain however the price margin received in each actor involved in the chain is much higher in Thailand, due to higher productivity and quality of shrimp which brings to higher price.
Keywords: Agribusiness; Supply Chain (search for similar items in EconPapers)
Pages: 39
Date: 2024-12-30
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Persistent link: https://EconPapers.repec.org/RePEc:ags:kuaewp:356563
DOI: 10.22004/ag.econ.356563
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