The Importance of Selected Individual Characteristics in Determining Market Prices for Fishers and Traders in Kenyan Small-Scale Fisheries

Abstract

This article examines how selected socioeconomic characteristics of fishers and traders shape market prices at five coastal communities in Kenya. Focus groups elicited perceived factors affecting market prices, which were then tested using quantitative analysis. Ownership of fishing gear by fishers negatively influenced the prices taken. Fish traders who bought larger quantities paid a higher price. There was no significant relation between the choice of fish market by traders and fish price due to the diffused nature of the fish market. Although fish traders had relatively high income than fishers, the link between individual characteristics, market prices, and the outcomes of such interactions is more complicated than commonly perceived. The complexity is enhanced by the heterogeneity in different fisheries and of the prices at different markets and underlines the importance of continued documentation and exploration of the relationships between social and economic status and market prices for fishers and traders.

Keywords:

• fisher
• market price
• socioeconomic characteristics
• trader

Acknowledgments

An anonymous reviewer who provided insightful comments on the initial draft is acknowledged. Also acknowledged are field assistants who assisted in data collection and compilation. The Kenyan Fisheries Department officials at respective sites facilitated field data collection.