Analysis of catfish value chain in Imo State, Nigeria
Date
2021-05
Authors
Journal Title
Journal ISSN
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Publisher
Federal University of Technology, Owerri
Abstract
The study analyzed the Catfish Value Chain in Imo State, Nigeria. Multi-stage sampling technique was employed in the selection of 217 actors comprising 37 input suppliers, 50 catfish producers, 50 catfish processors, 50 catfish marketers and 30 consumers for the study. However, 36 input suppliers, 47 catfish producers, 50 catfish processors, 47 catfish marketers and 29 consumers returned well filled questionnaire and used for the data analysis. Data were analyzed using descriptive statistical tools such as percentages, means, charts and frequency distribution and functional analytical tools such as value chain map and multiple regression technique, costs and returns analysis, gross margin analysis, net income model and Z-statistics. The Hypotheses were tested using z-values from the results of multinomial logit regression model, Analysis of Variance (ANOVA) and t-values from the multiple regression analyses. The results indicated that the actors along the entire value chain carry out both primary and support activities and can be categorized as actors in inputs suppliers, producers, processors, marketers, consumers research, finance and legislation. The total value added in the catfish value chain system was N2,944.5/kg with value added share of 0.41%, 15.54%, 24.83% and 59.22% for input suppliers, producers, processors and marketers respectively with statistically significance at 5% indicating that marketers possessed the highest value added share as they occupied a pivotal position to harness the preference, place, price and product information from the final consumers who were at the epicentre of the value chain
system.The result of the multinomial logistic model showed the significant quasi–elasticities for input supplier were age (-1.2946; p<0.01), household size (0.8215; p<0.01), membership of association (0.1866; p<0.01), net value added (0.4130; p<0.01) and year of formal education (0.7124; p<0.01); Household size (0.4328; p<0.05) and net value added (-0.2614, p<0.05) were significant quasi–elasticities in the producers’ category; age (0.9596; p<0.01), gender (-0.1828; p<0.05), household size (-0.9344; p<0.01), membership of association (- 0.1897; p<0.01), net value added (0.3315; p<0.01) and year of formal education (-0.6469; p<0.01) were significant quasi–elasticities effects in the processors’ category and only gender (0.2774; p<0.05), net value added (-5.8477; p<0.01) and year of formal education (-0.6755; p<0.05) were significant quasi–elasticities effects in the marketers’ category. Major determinants of net value added were age, years in school, household size, experience, quantity of fish and age, depreciation of fixed assets, marital status, years in school, amount of credit, operating costs and cost of marketing. High cost of activity, high mortality of catfish (fingerlings) after purchase, inadequate finance, high cost of labour, high cost of transport, high mortality of catfish after purchase, high cost of activity, inadequate finance and poor infrastructure, low patronage, low pricing of price and poor infrastructure and high cost of marketing activity were major constraints faced in Catfish value chain in the study area. It was recommended that catfish farmers should source for locally formulated feeds, which are often cheaper. This will reduce the overall cost of production and consequently improve the net farm income. It is very pertinent for primary actors to form well-coordinated co-operative societies as to enable them pool their resources together for effective collaboration with support actors such as input suppliers, government, insurance companies and other necessary organization for better performance of the catfish value chain. Government and all relevant stakeholders should provide adequate infrastructure to and adequate rural road network for quick evacuation of inputs and output, power for processing and storage including cold chain to increase value addition and improve shelf life of catfish products.
Description
This thesis is for the award of Master of Science in Farm Management and Production Economics
Keywords
Catfish value chain, value chain map, net value added, quasi-elasticities, Department of Agricultural Economics
Citation
Igwenagu, M. O. (2021). Analysis of catfish value chain in Imo State, Nigeria [Unpublished Master's Thesis]. Federal University of Technology, Owerri, Nigeria