Supply Chain Management

Supply Chain Assessment of Commercially Important Marine Fish Species in Bangladesh

Article Details

Pub. Date	: June 2023
Product Name	: The IUP Journal of Supply Chain Management
Product Type	: Article
Product Code	: IJSCM020623
Author Name	: Prabal Barua and Chaiti Barua
Availability	: YES
Subject/Domain	: Strategic
Download Format	: PDF Format
No. of Pages	: 18

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Abstract

Fish are highly perishable food items that must be delivered to consumers quickly and efficiently. For commercially significant fish, it is required to ensure that they are provided to consumers at the proper time and place. The current study seeks to examine two economically important marine fish species' value chains and marketing channels in the Chattogram region of Bangladesh. The species examined were sea bass (Lates calcarifer) and Bombay duck, (Harpodon numerous). In the study, primary, secondary, and retail markets- in their combined forms-were examined. Bombay duck and sea bass had 38% and 35% marketing margins, respectively. In the primary, secondary, and retail markets, the proportion of fishermen to sales price for Bombay duck and sea bass was 86%, 73%, and 62%, respectively. Sustainable and profitable fish marketing systems require government involvement in the marine species' marketing channels.

Introduction

Around 3 billion people worldwide receive nearly 25% of their daily animal protein intake from fish, whereas 5 billion receive roughly 18% (DoF, 2023). With a vast diversity of native and foreign fish species, Bangladesh is blessed with extensive and rich inland and marine resources. According to DoF (2023), there are 260 species of freshwater fish and 475 species of marine fish. Bangladesh's economy is agro-based, which generates 3.90% of GDP, 1.60% of export revenue, 26.00% of agricultural output, and 60% of the animal protein consumed by people daily (DoF, 2023). The demand for fish is 60 gm/day, but the supply is 65 gm/day (DoF, 2023).

The world's fastest-growing food production sector, aquaculture, is also experiencing a boom in underdeveloped nations, including Bangladesh (Belton and Thilsted, 2020).

A further 118,813 km2 of territorial sea in the Bay of Bengal belongs to Bangladesh, along with 200 nautical miles (NM) of the Exclusive Economic Zone (EEZ). The

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