The main objective of this research is to estimate market value of mangrove forest in Hormozgan Province. Marginal value, net back value and avoided cost are used to measure market value of mangrove forest for shrimp fisheries and animal husbandry. The market value of mangrove forest for shrimp fisheries and animal husbandry (using marginal value) are calculated to be 7347700 and 325000 Rials, respectively. It means that the market value of mangrove forest for shrimp fisheries is higher than its value for animal husbandry. In addition, the total value of the mentioned forest for using net back value and avoided cost are found to be 4083915 and 5064730 Rials, respectively. Understanding the value of mangrove forest and impacts of human activities are major factors contributing to protect this forest. Finally, the results lend support to calls for greater policy emphasis on conservation of unique and irreplaceable mangrove forest.
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