Impact of rising feed ingredient prices on aquafeeds and aquaculture production
Sunil Siriwardena, K.J.R.; Hasan, M.R. (2009). Impact of rising feed ingredient prices on aquafeeds and aquaculture production. FAO Fisheries and Aquaculture Technical Paper, 541. FAO: Rome. ISBN 978-92-5-106422-1. 63 pp.
It is now widely recognized that the rising demand for aquatic products will have to be met by aquaculture. The future of aquaculture will depend on how well it meets this challenge. The contribution of aquaculture to total fishery products (excluding plants), globally, has steadily increased from 4 percent in 1970 to 36 percent in 2006 and is continuing to increase. The growing importance of aquaculture in overcoming production limits of capture fisheries can be judged from the fact that China’s 2004 aquaculture production was about 70 percent of its total fisheries production. By 2020, global aquaculture is expected to contribute about 120–130 million tonnes of fish to meet projected demands. The types of species/species groups dominating fed aquaculture production and the recent focus to increase and intensify production of crustaceans, marine finfish, and diadromous fishes, reflects a tendency to increasing reliance on aquafeeds, for their production, and particularly commercial diets. It is, therefore, crucial that aquaculture is sustainable and that the resources required for promoting aquaculture are secured. Key resources required to meet this challenge are aquafeeds and the ingredients used in their production. These resources, together with high transportation costs as a result of costly energy, form the central part of this study.
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