Assessment of economic efficiency indicators of commercial fish farming

Abstract

The relevance of this study lies in the fact that commercial fish farming is currently developing at an accelerated pace, and it is planned to increase the production of commercial fish from 380,6 thousand tons in 2024 to 526 thousand tons in 2028, an increase of 38,2%. This further growth in production will be accompanied by improvements in the structure of catches, an increase in the share of high-value fish species (sturgeon, whitefish, salmon, etc.), and an improvement in the quality of the fish being produced, which will contribute to increased economic efficiency. In this regard, there is a need to assess the achieved indicators of economic efficiency of commercial fish farming, identify external and internal factors affecting the level and dynamics of the most important indicators, such as labor productivity, production costs, and profit from the sale of commercial fish, which will allow us to take the necessary measures to implement or eliminate them. This is about finding in-house reserves aimed at increasing the economic efficiency of production.