@article{article_635967, title={Economic analysis of aquaculture enterprises and determination of factors affecting sustainability of the sector in Turkey}, journal={Ankara Üniversitesi Veteriner Fakültesi Dergisi}, volume={66}, pages={59–66}, year={2018}, author={Arıkan, Mehmet Saltuk and Aral, Yılmaz}, keywords={Aquaculture enterprises,economic analysis,regression analysis,sustainability,Turkey}, abstract={<span class="fontstyle0">This research was conducted to carry out technical and economic analysis of the aquaculture enterprises in Muğla <br>as well as to determine the factors affecting sustainability in the sector. The research material is the production data of 65 enterprises <br>from 2014-2015 years activity period. Stratified random sampling method was used for the determination of the enterprises involved <br>in this study and the data provided by using the data collection form with face-to-face interview. The production data of the enterprises <br>are evaluated from the technical and economical perspectives and the factors that impact the unit profit are estimated by the multiple <br>regression model. The average fattening period (months), the rate of shrinkage and mortality (%), and the FCR (kg feed/kg fish) for <br>Seabream and Seabass were found to be 14.43-19.05; 10.70-14.33 and 1.84-1.98 respectively, among the enterprises. The unit cost and <br>unit profit for the fish species in question were estimated to be 4.18 US$/kg and 4.57 US$/kg, and 1.29 US$/kg and 1.07 US$/kg, <br>respectively. According to the estimated regression model; production type, capacity utilization rate, sales price and FCR are <br>determined to be effective on the unit profit. It was concluded that aquaculture enterprises could achieve sustainability if; i) capacity <br>utilisation rate was optimised; ii) dependence on foreign sources of feed and raw materials was reduced; iii) producer organisations <br>played a more active role in the market; iv) a regulatory authority body was established to balance out prices and v) export opportunities <br>were pursued further in foreign markets. </span>   <br style="font-variant-numeric: normal; font-variant-east-asian: normal; line-height: normal; text-align: -webkit-auto; text-size-adjust: auto;">}, number={1}, publisher={Ankara University}