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Production strategy influence on the economic viability of a family fish farm in Pará state, Amazon, Brazil

The objective of this study was to analyze the influence of the adoption of single-phase and two-phase system on the economic feasibility of tambaqui (Colossoma macropomum) family production in the Tracuateua municipality, Pará state. The operational cost methodology and economic efficiency indicators were adopted to compare these rearing systems. The annual production was 4,200 kg and 5,826 kg. The operational costs were R$ 26,169.00 and R$ 34,365.00, the total operational cost was R$ 27,505 and R$ 35,701.00, and the total operational cost per kg was R$ 6.55 and R$ 6.13 for single-phase and two-phase systems, respectively. Regarding the indicators, the net present value was R$ 24,180.70, the internal rate of return was 24%, the cost-benefit ratio was 1.19, and the capital return period was four years in the single-phase system. In the two-phase period, the net present value was R$ 48,582.06, the internal rate of return was 29%, the cost-benefit ratio was 1.25, and the capital return period was 3.6 years. Despite the demand for greater investment, the two-phase system proved to be more profitable than the single-phase system, promoting even a reduction in unit production cost.