Thumbnail Image

Techno-economic performance review of selected fishing fleets in North and South America















​Kitts, A., Van Anrooy, R., Van Eijs, S., Pino Shibata, J., Pallalever Pérez, R., Augusto Gonçalves, A., Ardini, G., Liese, C., Pan, M., Steiner, E. 2020. Techno-economic performance review of selected fishing fleets in North and South America. FAO Fisheries and Aquaculture Technical Paper No. 653/2. Rome, FAO.  




Also available in:
No results found.

Related items

Showing items related by metadata.

  • Thumbnail Image
    Book (series)
    Technical study
    Techno-economic performance review of selected fishing fleets in Asia 2020
    Also available in:
    No results found.

    This techno-economic performance review of selected fishing fleets in Asia presents the findings of six country level studies of fishing fleets in Bangladesh, China, India, Indonesia, Japan and the Republic of Korea. The review includes financial and economic information of 27 major fishing fleet segments, including trawlers, gillnetters, long liners, jiggers, purse seiners, as well as pole and line fishing vessels. An analysis of the costs and earnings data of these important fishing fleet segments in Asia was carried out using national statistics of 2017 for the Japanese and the Korean fleet segments and 2018-19 survey data for the other countries. Eighty-nine percent of the 27 fishing fleet segments reported positive net cash flows. Seventy percent of the fishing fleets realized net profit margins of more than 10 percent. Eighty-one percent of the fishing fleets reported positive results in terms of their capital productivity, as theirs returns on fixed tangible assets (ROFTAs) were positive. The review shows that investments in fishing vessels and fishing operations of these major Asian fishing fleets are generally profitable. Marine capture fishing is a financially viable economic activity in all six major fishing nations included in the review. It generates enough income to cover depreciation costs, interest and loan repayments, and provides sufficient financial resources for reinvestment. Nearly 60 percent of the fishing fleets generated returns on investment (ROIs) of 15 percent and higher, which signals an attractive sector for investments. The total gross value added (GVA) of the 27 fishing fleets to the Asian regional economy was substantial and estimated at around USD 66 billion. The review also reveals a need for adequate management measures, including fleet capacity management plans, to improve the status of fish stock in the region and maintain a healthy and profitable fishing sector.
  • Thumbnail Image
    Book (stand-alone)
    Technical study
    Techno-economic performance review of selected fishing fleets in Europe 2020
    Also available in:
    No results found.

    This techno-economic performance review of selected fishing fleets in Europe presents the findings of European country level studies of fishing fleets of Denmark, France, Germany, Italy, Norway, Spain, Turkey and the United Kingdom of Great Britain and Northern Ireland. The review includes financial and economic information of 42 fishing fleet segments, including demersal trawlers, purse seiners, pelagic trawlers, long-liners, coastal fishing vessels using passive gears, pots and traps fishing vessels and small-scale hand-liners. Analysis of the costs and earnings data of 42 of the main fishing fleet segments in Europe in 2016 showed that all types of vessels had a positive gross cash flow. The average net profit margin of the 41 fishing fleet segments analysed was very good with 20 percent. Eighty-five percent of the fleet segments presented positive return on fixed tangible assets (ROFTAs) of 10 percent and higher. However, 38 percent of the fleet segments demonstrated return on investment (ROI) percentages lower than 10 percent. Comparing the 2016 financial and economic performance results with those of some of the same fleet segments included in the 2002-03 review study, it is clear that general fishing fleet performance in Europe improved. All eight countries together saw a decrease in the number of fishing vessels between 2008 and 2016 of 10 percent, from nearly 60 000 to less than 54 000 vessels. Each of the countries also saw a reduction in total fleet capacity in gross tonnage (GT) and kilowatts (kW). The vessel age structure showed an increasing trend for most of the fishing fleet segments.
  • Thumbnail Image
    Book (series)
    Technical study
    Review of the techno-economic performance of the main global fishing fleets 2021
    Also available in:

    This review of the techno-economic performance of the main global fishing fleets discusses the outcomes from 20 country-level studies of fishing fleets from Africa, Asia, Europe, North and South America. It includes financial, socio-economic and technical information from 103 major (semi-) industrial fishing fleet segments, which are responsible for an estimated 39 percent of marine capture fisheries production worldwide. The analysis of vessel characteristics reveals substantial differences in fishing capacity (in terms of vessel length, tonnage and power) between fleet segments. An increase in the gross tonnage of average vessels was observed in fleet segments also covered in previous reviews. Substantial increases in average length overall and engine power were observed in several Asian fishing fleets. The age structure of the fishing fleets in most regions, except Asia, shows an upward trend. An analysis of the costs and earnings data showed that labour and running costs were the two main cost components for the majority of fleet segments. Ninety-two percent of 97 fleet segments reported a positive net cash flow in the year they were surveyed, in the 2016–2019 period. Net profit margins of 10 percent or more were realized by average fishing vessels in 73 percent of the fleet segments. Returns on investment (ROIs) of 10 percent or higher were realized by 61 percent of the fleet segments. The review also discusses developments in fishing technologies. These developments, along with a general increase in seafood prices, successful fisheries management in some areas, and improved fleet capacity management in Europe and North America, have all contributed to the ongoing, positive financial and economic performance of the main global fishing fleets in recent years.

Users also downloaded

Showing related downloaded files

  • Thumbnail Image
    Book (series)
    Flagship
    The State of Food Security and Nutrition in the World 2019
    Safeguarding against economic slowdowns and downturns
    2019
    This year’s report presents evidence that the absolute number of people who suffer from hunger continues to slowly increase. The report also highlights that food insecurity is more than just hunger. For the first time, the report provides evidence that many people in the world, even if not hungry, experience moderate food insecurity as they face uncertainties about their ability to obtain food and are forced to compromise on the quality and/or quantity of the food they consume. This phenomenon is observed globally, not only in low- and middle-income countries but also in high income countries. The report also shows that the world is not on track to meet global nutrition targets, including those on low birthweight and on reducing stunting among children under five years. Moreover, overweight and obesity continue to increase in all regions, particularly among school-age children and adults. The report stresses that no region is exempt from the epidemic of overweight and obesity, underscoring the necessity of multifaceted, multisectoral approaches to halt and reverse these worrying trends. In light of the fragile state of the world economy, the report presents new evidence confirming that hunger has been on the rise for many countries where the economy has slowed down or contracted. Unpacking the links between economic slowdowns and downturns and food insecurity and malnutrition, the report contends that the effects of the former on the latter can only be offset by addressing the root causes of hunger and malnutrition: poverty, inequality and marginalization.
  • Thumbnail Image
    Book (stand-alone)
    High-profile
    State of knowledge of soil biodiversity - Status, challenges and potentialities
    Report 2020
    2020
    Also available in:
    No results found.

    There is increasing attention to the importance of biodiversity for food security and nutrition, especially above-ground biodiversity such as plants and animals. However, less attention is being paid to the biodiversity beneath our feet, soil biodiversity, which drives many processes that produce food or purify soil and water. This report is the result of an inclusive process involving more than 300 scientists from around the world under the auspices of the FAO’s Global Soil Partnership and its Intergovernmental Technical Panel on Soils, the Convention on Biological Diversity, the Global Soil Biodiversity Initiative, and the European Commission. It presents concisely the state of knowledge on soil biodiversity, the threats to it, and the solutions that soil biodiversity can provide to problems in different fields. It also represents a valuable contribution to raising awareness of the importance of soil biodiversity and highlighting its role in finding solutions to today's global threats.
  • Thumbnail Image
    Book (stand-alone)
    High-profile
    Status of the World's Soil Resources: Main Report 2015
    Also available in:
    No results found.

    The SWSR is a reference document on the status of global soil resources that provides regional assessments of soil change. The information is based on peer-reviewed scientific literature, complemented with expert knowledge and project outputs. It provides a description and a ranking of ten major soil threats that endanger ecosystem functions, goods and services globally and in each region separately. Additionally, it describes direct and indirect pressures on soils and ways and means to combat s oil degradation. The report contains a Synthesis report for policy makers that summarizes its findings, conclusions and recommendations.

    The full report has been divided into sections and individual chapters for ease of downloading: