Aquaculture Canada and WAS North America 2022

August 15 - 18, 2022

St Johns, Newfoundland, Canada

ECONOMIC ANALYSIS OF SMALL-SCALE AQUAPONICS PRODUCTION IN NORTHERN BRAZIL

Vinícius Souza Ribeiro*, Antônio Carlos Silveira Gonçalves, José Eustáquio Canguçú Leal and Gabriel Rios Vogado.

 

Department of Natural Resources

Instituto Federal de Educação, Ciência e Tecnologia do Tocantins (IFTO)

Campus Palmas, Quadra 310 Sul, Lo 5, s/n - Plano Diretor Sul, Palmas – TO, Brasil, 77021-090

vribeiro@ifto.edu.br

 



 Aquaponics production integrates in a symbiotic way aquaculture and hydroponics. In this model, it is possible to reach high productivity of fish and plants adding environmental value to the productive system. However, research that analyzes the economic viability of these systems in Brazil is scarce, especially with native fish in the North of the country. In this context, this research aims to analyze the economic viability of lettuce (Lactuca sativa ) and tambaqui (Colossoma

macropomum ) production in a small-scale aquaponic system.

 The research will use a structure installed in the Federal Institute of Tocantins (IFTO) with an estimated production of 360 kilograms of adult tambaqui and 2,250 kilograms of vegetables. The project will estimate the costs of implementing the system, as well as collect data on operating costs and sales of the products on the local market. For the purpose of economic feasibility analysis, the indicators Net Present Value (NPV), Internal Rate of Return (IRR) and payback will

be used . Additionally, the project will simulate different scenarios for feasibility analysis, including larger production scales, alternative juvenile tambaqui cultivation, and variations in costs and sales prices.

 As results, the project expects to generate technical information on the economic viability of aquaponics, relevant to both the productive sector and academia. Additionally, it is expected that the dissemination of the system itself, as well as the results of the research can also encourage the use of the aquaponics system as an alternative strategy for environmental education and food security in one of the poorest regions of the country.