Abstract

This study aimed to analyze the economic feasibility of hybrid abalone aquaculture production performance in Wando region, Korea. Hybrid abalones formed from two species were produced. Comparative analyses on income and cost of production based on experimental results for growth and survival rates of the hybrid abalone were conducted. Also, sensitivity analyses for very uncertain survival rate, a price of the juvenile abalone, and selling prices were performed. This study identified the highest value of NPV for hybrid abalone. Although the result of economic evaluation for existing species was good, considering higher profits abalone aquaculture specialized in hybrid species was considered to be advantageous.

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