Correlation Analysis of Production, Energy, and Management data in Korea Aquaculture

The aquaculture industry in South Korea has developed advanced breeding technologies and high-quality farming techniques, contributing to the steady growth of aquaculture production since 2013. However, domestic aquaculture operations still rely on traditional farm environments, with farm managers making decisions based on experiential judgment. Despite the industry's growth, aquaculture operators face challenges in predicting market trends due to the biological complexities of the aquaculture environment and fluctuating fish prices driven by market demand. While recent research has primarily focused on the volatility of fish prices themselves, there is a lack of studies exploring other factors influencing these price fluctuations. This paper serves as a foundational study for sustainable aquaculture management, aiming to identify factors that impact fish prices through data analysis. By collecting and analyzing data on production, energy, and management within Korea's aquaculture industry, this research seeks to provide aquaculture managers with insights that will support efficient decision-making in their operations.