Fish as feed inputs for aquaculture: practices, sustainability and implications

320 Fish as feed inputs for aquaculture – Practices, sustainability and implications

total value of the jack mackerel processed products for export was about US$164.8

million, the contribution from Region VIII was on the order of 78 percent (BCC,

2006).

5.3 Evaluation of alternative-use scenarios

Table 17 shows the volumes of processed jack mackerel by type of processing and the

US$ freight on board (FOB) value, Table 18 describes the adjusted values in relation to

the real jack mackerel landing in Region VIII and Table 19 presents a simulation that

considers three different scenarios:

• the first scenario considers that the entire volume of jack mackerel that is currently
  destined for fishmeal production and be used in equal proportions for the
  production of frozen and canned products;


• the second scenario considers that the whole volume of jack mackerel that is
  currently used for fishmeal is destined for the production of canned products;
  and


• the third scenario allocates the jack mackerel used for fishmeal production to the
  preparation of frozen products.

TABLE 19

Fishmeal product Canned productFrozen Surimi

Peptones,

cooled fresh

and smoked

Total

Present situation*

Landing (tonnes) 561 226 222 096 126 627 47 233 3 169 960 350

Destination (%) 58 23 13 5 0 100

Processed product (tonnes) 138 658 73 831 91 274 13 612 0 317 376

Value of processed product

(million US$)^89 78 43 15 1 227

Scenario 1

Landing (tonnes) 0 502 708 407 240 47 233 3 169 960 350

Destination (%) 0 52 42 5 0 100

Processed product (tonnes) 0 167 569 290 886 13 612 0 472 068

Value of processed product

(million US$)^0 177 138 15 1 331

Scenario 2

Landing (tonnes) 0 783 321 126 627 47 233 3 169 960 350

Destination (%) 0 82 13 5 0 100

Processed product (tonnes) 0 261 107 91 274 13 612 0 365 994

Value of processed product

(million US$)^0 277 138 15 1 431

Scenario 3

Landing (tonnes) 0 222 096 687 853 47 233 3 169 960 350

Destination (%) 0 23 72 5 0 100

Processed product (tonnes) 0 74 032 491 324 13 612 0 578 968

Value of processed product

(million US$)^0 78 232 15 1 327

*Source: SERNAPESCA (2006); BCC (2006)

Simulation of volume and value of jack mackerel for human consumption that are destined for fishmeal

production in Region VIII