English abstract
The hypothesis tested in this study is that the transport function of fisheries market in Oman is inefficient, favoring export markets compared to domestic markets. Two transportation models; i.e. profit maximization and its dual of the cost minimization were used to generate the optimal quantities transported from landing sites (Li) to markets (Mj) and optimal prices in the domestic and export markets. Primary data were collected from a sample of truckers on actual quantities transported from landing sites to markets and prices received by truckers at markets. Secondary data were collected from different ministries in Oman and from Dubai Municipality. The study used a mix of quantitative and qualitative analytical methods for data gathering and analysis. The study analyzed major fish species representing 85% of total fish transported; i.e. Kingfish (29%) and Sardine (56%). The study also analyzed the optimal and observed quantity transported and prices of the composite fish, which contains four species: Kingfish (Scomberomorur commerson), Sardine (Sardinella longiceps), Scavenger (Lethrinus Nebulosus) and Long tail Tuna (Thunnus tonggol). The study found that the transport function of the fisheries market in Oman is efficient. The conclusion is based on high profitability ratio between observed and calculated optimal profits of transported fish (Kingfish 98%, Sardines 93% and Composite 99%). The observed and calculated optimal prices of fish in domestic and export markets were not substantially different. Due to profitability, export markets are preferred vis-à-vis domestic markets. Though the fish market in Oman is efficient, it is not equitable since the export trend has increased gradually over years, whereas availability of fish at the local market has decreased. This study suggests that the trend will continue. Therefore, government intervention would be required to ensure the availability of fisheries in domestic markets.
