1 AIT Asian Institute of Technology

Effects of fluctuation in price and demand of white shrimp on farmers's economy in Pak Phanang District, Thailand

AuthorWinai Poobangsaeng
Call NumberAIT Thesis no.AB-10-01
Subject(s)Shrimps--Prices--Thailand--Pak Phanang
Shrimps--Thailand--Pak Phanang--Economic aspects

NoteA thesis submitted in partial fulfillment of the requirements for the degree of Master of Agribusiness Management, School of Environment, Resources and Development
PublisherAsian Institute of Technology
Series StatementThesis ; no. AB-10-01
AbstractThai shrimp farmers switched from Black Tiger shrimp to Vannamei shrimp as they faced diseases that caused the loss of farm profits. Today the production of white shrimp is increasing day by day which pushes the price down because an oversupply has been the result . Further, the number of shrimp farmers has gone up and down seasonally as the price of shrimp has varied which further affected the farms profits. The information from 91 respondents of three sizes of farms which were small ( >5 rai), medium(5 - 10 rai) and large scale farms (>10 rai) were collected from Pak Phanang district in both fresh and saline water zone s in order to identify the shrimp farming situation in the research area. Shrimp farmers paid more attention to the quantity of shrimp that could be cultured per area than product quality as they were increasing the stocking density more than the recommended rate by 2 - 4 times. The yield of shrimp per rai was 2000 kilograms. The average of harvest size was around 50 - 70 shrimp per kilogram because the se sizes have a high market demand. Cost and returns of the three groups of farm sizes are not very different because they were using the same methods of farm management and were selling the shrimp at the same places. There were 68.13 % of the farmers that sold their shrimp at the farm gate because it is convenient and has a lower risk of product damage. However, although the price fluctuated during the culture period, t he farmers still received profits because they applied ways to reduce the production costs and but t he income of 78.02% farmers decreased from the past as the price of white shrimp was lower than Black Tiger shrimp that was the past product . There were 75.82% of the farmers who were indebted and 72.53 % of them took the loan before they began white shrimp culturing . Shrimp farming was the most common purpose for taking a loan and BAAC was the main source . The price of white shrimp was lower than the Black Tiger shrimp and fluctuated but the farmers continued to participate in the shrimp culturing business because they had no alternative and of course they had the skills and knowledge for this business from the culturing of the Black Tiger shrimp . The size groups of farms were faced with the same problems – marketing, production and finance; with the most important problem which ways marketing . The government has tried to relieve that problem by establishing a pledging program. In particular the shrimp mortgage program was provided during the oversupply periods to stabilize prices but this program has had many problems and the farmers were unsatisfied because there was corruption in the program. In addition, the farmers need to improve their farm management methods and establish a cooperative group to enhance their bargaining and negotiations with the middle men and factories.
Year2010
Corresponding Series Added EntryAsian Institute of Technology. Thesis ; no. AB-10-01
TypeThesis
SchoolSchool of Environment, Resources, and Development (SERD)
DepartmentDepartment of Food, Agriculture and Natural Resources (Former title: Department of Food Agriculture, and BioResources (DFAB))
Academic Program/FoSAgribusiness Management (AB)
Chairperson(s)Shivakoti, Ganesh, P;
Examination Committee(s)Soni, Peeyush;Ebbers, Theo;
Scholarship Donor(s)Protected Cultivation Project;
DegreeThesis (M. Sc.) - Asian Institute of Technology, 2010


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