Economic potential of aquaculture enterprises in the Lviv region

Анотація

The article examines the economic potential of aquaculture enterprises in the Lviv region, considering the areas of water bodies available for use and the achieved level of fish productivity. An economic justification of the feasibility of capital investments in organizing the cultivation of polyculture of carp, grass carp, silver carp, and pike in ponds with a total area of 100 hectares was carried out. The study used general scientific methods, particularly monographic, system analysis, synthesis, calculation, and design, when planning the need for fixed and working capital, determining indicators of economic efficiency of investment use, and preparing the economic potential of aquaculture enterprises in the region. According to the study results, it was established that the Lviv region has a significant unrealized economic potential of aquaculture enterprises, which is estimated at 20 to 40 million euros in 2025 prices, depending on the share of the region's water fund involved. It was determined that up to 450 thousand fish are needed to organize fish farming per 100 hectares of pond area. EUR of advanced capital, which will pay off in 4 years. The projected net present value in 5 years will exceed EUR 186 thousand if the internal rate of return is achieved at 15% and the net return on capital is over 30% at the end of the calculation period. The development of intensive aquaculture in the region's enterprises is predicted to provide an inflow of tax revenues of EUR 0.2 for every EUR 1 investment. It will contribute to increasing the industry's economic potential based on the growth of income from the sale of grown products, including net added value up to EUR 16 million when using more than 9 thousand hectares of water resources. The economic potential of aquaculture enterprises of the region can also be increased based on the development of processing of grown products into ready-to-consume food products, which will allow for the extension of the production cycle of added value formation and ensure a higher level of efficiency in the use of the resources involved.

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