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Is Crocodile Farming High Risk and High Return?: A Case Study in Prek Toal, Cambodia
By: Olivia Williams Advisor: Dr. Chouly Ou
Background• Dates back to the Angkorian Times (Thuok & Tang,
1994) • The French commercialized farming in the 1945 (Jelden
et al., 2005)• Farming increased in the 1980s as the market for
crocodiles grew• Farming emerged as an alternative income option, but
no studies showed if people are making money
Study Aims
1. To determine the number of families that are crocodile farmers in Prek Toal.
2. To examine the risks and returns on investments of crocodile farmers.
3. To understand the economic motivations for crocodile farming.
Methods: In the Field
• Structured survey using convenience sampling • Census
OSMOSE, 2006
Methods: Data Analysis • Conversions to USD• Proportional Expenses • Proportional Income• Return on Investment
• Regression Analysis
Crocodile Raising 101
Williams, 2016 Williams, 2016
Crocodile Raising 101
Williams, 2016 Williams, 2016
Crocodile Raising 101
Williams, 2016 Roadifer, 2016
Results and Discussions • 183 families out of 600 have crocodile farms.• 38 respondents with 16 raising selling hatchlings.
• Average number per family is 60 crocodiles. • Average age of crocodile is 7.86 years.
Williams, 2016
Roadifer, 2016
Expenses: Start Up Costs
Crocodile Pen 3570.2
34%
Tax 457.89
4%
Other Costs1639.72
16%
Crocodile Purchase Cost
4854.5146%
Average Proportional Start Up Cost for Raising Crocodiles per Household in Prek Toal, Cambodia.
Total Expense and Number of Crocodiles per Household
Feed Costs: Average Cost of Feed per Crocodile per Age in 2015/2016 in Prek Toal, Cambodia.
1 2 3 4 5 7 8 10 11 12 13 160
5
10
15
20
25
30
35
40
Wet SeasonDry Season
Age of Crocodile
Cost
of F
eed
per C
roco
dile
in U
SD
Cost of feed per household and number of crocodiles per household Prek Toal, Cambodia (n=37).
Income: Proportional Income of Villagers Selling Crocodiles (n=16).
Profits from Selling Hatchlings and Number of Crocodile Hatchling in Prek Toal, Cambodia
Return on Investment for each year selling hatchling per household in Prek Toal, Cambodia (n=16).
0 1 2 3 4 5 6 7 8 9
-2.25
-2
-1.75
-1.5
-1.25
-1
-0.75
-0.5
-0.25
0
0.25
0.5
0.75
1
1.25
1.5
1.75
Respondent 3
Respondent 5
Respondent 6
Respondent 7
Respondent 9
Respondent 10
Respondent 12
Respondent 15
Respondent 16
Respondent 21
Respondent 22
Respondent 23
Respondent 24
Respondent 29
Respondent 34
Respondent 36Years selling hatchlings
Retu
rn o
f Inv
estm
ent
Risks of Crocodile Farming
• Death of crocodiles• Change of prices for
hatchlings • Fluxuation of Fish Prices• Scarcity of resources
Conclusion• Crocodiles are a saving bank (Poole, 2005)• Alternative livelihood • Highly risky alternative
Williams, 2016
Acknowledgments
• Ministry of Environment• Tori Roadifer • Heam Phanny • Dr. Chouly Ou • SFS faculty and staff
Williams, 2016
References
Poole, C 2005, Tonle Sap: The Heart of Cambodia’s Natural Heritage, River Books Co, Ltd, Tatien, Bangkok.
Thuok, N & Tang, T.S. 1994 , “Country Report on Crocodile Conservation in Cambodia” in Proceedings of the 12th Working Meeting of the Crocodile Specialist Group, Gland, Switzerland.
Jelden, D, Manolis, C, Giam, C, Thomson, J & Lopez, A 2005, ‘Crocodile Conservation and Management in Cambodia: A Review with Recommendations: Summary Report of the IUCN-SSC Crocodile Specialist Group Review Mission to Cambodia,’ prepared for IUCN-SSC Crocodile Specialist Group.
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