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Journal of Applied Sciences
  Year: 2005 | Volume: 5 | Issue: 8 | Page No.: 1424-1429
DOI: 10.3923/jas.2005.1424.1429
 
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Factors Influencing the Prices of Fish in Central Region of Malawi and its Implications on the Development of Aquaculture in Malawi

George Matiya, Yoshikazu Wakabayashi and Naruhito Takenouchi

Abstract:
A study to investigate factors that influence prices of fish was conducted in Lilongwe, Salima, Kasungu and Mchinji districts of the Central Region of Malawi. Market type, form of preservation, species type, length of fish, weight of fish, distance to the market, distance from the main city were examined using multiple regression analysis to find their influence on price. It was found out that species type, weight, form of preservation and market type influence the prices of fish more than the other variables. The results suggested that fish trading in urban markets can be dynamic and species type as well as form of preservation play a significant role in determining the prices. This has a bearing when it comes to aquaculture development policy. Producers in aquaculture must therefore take into consideration the market conditions when producing the fish. Species of fish promoted for aquaculture should be those that will sell well on the market. Therefore aquaculture policy must also focus on the market demand in order to ensure food security and increased income for the households.
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How to cite this article:

George Matiya, Yoshikazu Wakabayashi and Naruhito Takenouchi , 2005. Factors Influencing the Prices of Fish in Central Region of Malawi and its Implications on the Development of Aquaculture in Malawi. Journal of Applied Sciences, 5: 1424-1429.

DOI: 10.3923/jas.2005.1424.1429

URL: https://scialert.net/abstract/?doi=jas.2005.1424.1429

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