Economic viability of marine capture fisheries. Findings of a global study and an interregional workshop.

Le Ry, J.-M.; Prado,J.; Tietze, U.;Fisheries and Aquaculture Management Division

Economic viability of marine capture fisheries. Findings of a global study and an interregional workshop.

Year of publication 1999

Pages 142

Author Le Ry, J.-M.; Prado,J.; Tietze, U.;Fisheries and Aquaculture Management Division

Product type Book (series)

ISBN 9251042454

Series title FAO Fisheries Technical Paper

Series number 0429-9345 - T377

Edition 1

Full item page

Synopsis (short abstract) Between 1995 and 1997, FAO in cooperation with fisheries research institutions and administrations in selected countries in Asia, Africa, Latin America and Europe, carried out studies on the economic and financial viability of the most common fishing craft and gear combinations. Information on the level of exploitation of fisheries resources as well as government policies on fisheries management, financial services, etc., was also collected. The countries covered by the studies include Peru, A rgentina, Senegal, Ghana, China, Republic of Korea, Taiwan Province of China, Indonesia, Malaysia, Thailand, India, France, Spain and Germany. Together, they accounted for about 48 per cent of the total marine capture fisheries production in South America, Europe, Africa and Asia which again accounted for 84 per cent of the global marine capture fisheries production in 1995. The findings of the studies were presented and discussed at an interregional workshop which was held in Kuala Lumpur, Ma laysia, from 15 to 18 December 1997. They suggest that - in spite of fully and sometimes over-exploited fisheries resources - in most cases, marine capture fisheries is an economically and financially viable undertaking which generates sufficient revenue to cover the cost of depreciation as well as the opportunity cost of capital to generate funds for reinvestment in addition to employment, income and foreign exchange earnings. With a view to safeguarding the economic performance of the fishin g industry and with it the employment and income that is generated by the fishery industry, the workshop considered it pertinent that countries put in place, in close cooperation with fishers and fishing industry associations, efficient measures to limit fishing effort, preserve and rehabilitate coastal areas and aquatic resources and make special efforts to protect small-scale fisheries sectors. It was observed that only few countries had already introduced these measures. As far as the role of subsidies is concerned the information which could be collected was limited. However, it was observed that the number of subsidies in developing countries has recently been greatly reduced. Presently, subsidies were only available in some cases for offshore fishing, artisanal fisheries and fisheries cooperatives and for fishing operations in remote and underdeveloped areas. These subsidies were mainly available in the form of capital subsidies and reduced duty on fuel, and even these were in the process of being further reduced. It was also noted that in comparison to developing countries, more subsidies for fisheries sector were available in the EC, e.g., capital subsidies, reduced tax on fuel, compensation for non-fishing days, minimum prices for catch, etc. The interregional workshop observed that the scope and duration of the studies were limited and participants agreed to expand the monitoring of the economic performance of their fishing industries.

Cite this content as:

Lery, J.-M.; Prado, J.; Tietze, U.Economic viability of marine capture fisheries. Findings of a global study and an interregional workshop.FAO Fisheries Technical Paper. No. 377. Rome, FAO. 1999. 130p.

Language English

Also available in:

French

Related items

Showing items related by metadata.

Book (series)
Techno-economic performance of marine capture fisheries 2001

Also available in:

French
Spanish

The Fisheries Technical Paper summarises the findings of 15 country level studies on the economic and financial performance of marine capture fisheries conducted in 1999 and 2000. The studies validate the findings of surveys carried out between 1995 and 1997 and published in FAO Fisheries Technical Paper No. 377. Most types of vessels i.e. 92 out of the 108 types of vessels covered by the study or 85 percent showed a net profit after deducting the cost of depreciation and interest. These overall positive results were also achieved because of higher prices paid to producers as compared to the previous study period. There were only few indications that fishing effort had been reduced and fish stocks had recovered. It was also observed that some fishing fleets had adapted themselves to new conditions dictated by depleted and changing abundance of resources and new access to markets in the context of globalisation by changing their fishing operations. Those vessels, which had previously sh own positive results but now incurred losses, were generally older vessels due to the fact that they continued to working on overexploited stocks. Regarding the impact of cost reducing and revenue enhancing Government financial transfers it was found that many fishing vessels, which still received subsidies would also have been profitable without them. In the case of most countries it was observed that no detailed empirical information was available on the amount of Government financial transfer s to the fishing industry nor on the financial performance of individual fishing enterprises.
Book (series)

Report of the KMI/APRACA/FAO Regional Workshop on the Effects of Globalization and Deregulation on Marine Capture Fisheries in Asia and the Pacific. Pusan, Republic of Korea, 11–15 October 1999. 1999

Also available in:

No results found.

The Regional Workshop on the Effects of Globalization and Deregulation on Marine Capture Fisheries in Asia and the Pacific was hosted by the Korea Maritime Institute (KMI) and organized by the Fishery Industries Division of FAO in cooperation with the Asia Pacific Rural and Agricultural Credit Association (APRACA). The findings and recommendations of the Workshop suggest that many countries in Asia and the Pacific benefited and expect to continue to benefit from globalization and deregulation. These benefits include improved quality and better access of their fishery products to markets in other countries within and outside of Asia and the Pacific, increased export earnings, better exchange of technology, increased productivity and efficiency and better supply of fishery products for local populations through liberalization of imports of fishery products. Negative effects of globalization and deregulation identified in the Workshop included increased competition for the small-scale do mestic fisheries sector mainly through import of low priced fish products. It was felt that special measures are needed to protect and strengthen this sector. These included technical assistance, training and investment support as well as possibly fiscal measures and economic incentives.
Document

An incomes and costs study of the Egyptian purse seine fishery operated in the Gulf of Suez and off the southern Red Sea coast during 1980-81 1982

Also available in:

No results found.

This report describes the incomes and costs of the Egyptian purse seine fleet operated in the Gulf of Suez and off the southern Red Sea coast during 1980-81. The principal data sources were the official statistics of daily landings, interviews with marketing agents in respect to obtaining prices, and interviews with boat owners and/or skippers for obtaining the costs. Some aspects of the current management regime were discussed. The practice of requiring some 10% of the landings at the principal landing site to be marketed at Suez, rather than in Cairo where higher prices are obtained, was shown to represent a subsidy to the population in Suez of about 3% of the gross income. A comparison of the economic performances of the boats operated in the Gulf which were managed under a regime of license limitation with the performance of the boats operated in the unlimited 'outside' the Gulf part of the fishery, indicated that the latter boats were performing marginally better. Another aspect o f management discussed was the labour cost savings that could result from the introduction of power block for hauling the nets.

Users also downloaded

Showing related downloaded files

No results found.