Our Commercialization of Shrimp
The Swot Analysis
Gvasco Marketing and Commercialization
Our Market Analysis (Market Research)
Ecuador is one of the leading shrimp producers globally; for this reason, Ecuadorian Shrimp is very well received in the international market. This means that all shrimp production is desired worldwide, mainly in countries like the US, the European Community, and Asia.
From the first Ecuadorian productions of Shrimp in captivity, related industries were developed, such as larval laboratories, balanced feed factories, packing plants, and other factories of
According to the National Chamber of Aquaculture, until July 1999, Ecuador had 2,015 shrimp farms located along the coast, 67companies dedicated to export, 308 laboratories, and 26 factories balanced meal.
Our Supply Market
Due to the great reception of the Ecuadorian Shrimp in the world and the production problems in Asia, the shrimp supply market is insufficient to supply the world population.
Ecuador has a tremendous competitive advantage over most producing countries globally; this advantage lies basically in the climate; this gives the possibility of creating Shrimp throughout the year while most countries can only have it in seasonal periods. Six months or a maximum of 8 months a year.
Our Demand Market
Our Project Possibilities
Our Sanitary Standards
Our Production Processes
A management protocol is used in which an adequate treatment is made to the water and the soil, then approximately 130 thousand larvae are planted per hectare.
The Shrimp are fed with a high-quality feed, which can be Purina. The food will be given in feeders, thus achieving efficiency in the nutrition of the shellfish in an amount of approximately 25 per ha.
And so on until reaching 20 or 24 grams. In approximately 130 days, and will be fished and placed in drawers with ice, where the cold chain begins and sent to the packing plants.
Our Equipment Classification
Our Project life
Our Supply of Raw Materials:
Location and Characteristics of Production Areas
Production Availability periods
Our Financial Evaluation of the Project
Financial structuring of the project
The investment plan and its structure can be seen in THE ANNEXES of the project. However, we will detail one of the most important aspects of it:
The Investment Plan, Classification, and Sources of Financing
The acquisition of the shrimp farm is worth 5,500,000.oo, which will be financed with a mortgage loan from a foreign financial institution.
The policy of Collections, Payments, and Stocks
You will make payments to suppliers in an average of 30 days; collections will be made in an average of 7 days due to the nobility of the project.
Production and Sales Schedule
Production is carried out in approximately 120 days, and sales are in cash with a maximum collection period of 7 days.
Costs of raw materials, indirect materials, supplies and services, direct and indirect labor
The working capital is $500,000 for operating capital as stated in the annex:
The evaluation of the project is based on the experience of the shareholders taking into account their other companies and using actual data from their other shrimp farms in production, considering a conservative scenario since a shrimp farm with this location and with the appropriate technology as proposed by the project it can produce 4,500 pounds per hectare per 4-month cycle, however, production of 4,000 pounds per cycle is considered.
Main Evaluation Criteria
1.- Exceptional location of the shrimp farm
2.- Experience of administrators and shareholders in this business
3.- Trained and efficient work team
4.- Product of high demand in the world
5.- Excellent profitability in the business
6.- Shrimp farm in production
7.- Adequate infrastructure to produce
8.- The indices of the project are positive in both the NPV and the TIR
The breakeven point for a business of this type is a production of approximately 1,730 pounds per hectare per cycle for $2.00 per pound.