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No Thumbnail AvailableBook (series)Technical studyEconomic viability of marine capture fisheries. Findings of a global study and an interregional workshop. 1999
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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. -
Book (series)Technical studyReview of the techno-economic performance of the main global fishing fleets 2021
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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. -
Book (stand-alone)Technical studyTechno-economic performance review of selected fishing fleets in North and South America 2020
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No results found.This techno-economic performance review of selected fishing fleets in North and South America presents the findings of four country level studies of fishing fleets in the United States of America, Brazil, Chile and Peru. The review includes financial and economic information of 21 fishing fleet segments, including shrimp and groundfish trawlers, demersal trawlers, longliners, purse seiners, dredgers as well as hook and line fishing vessels. Analysis of the costs and earnings data of these important fishing fleet segments in North and South America, using survey data from 2012 -2017 for the US fleet segments and 2018 data for the South American countries’ fleets showed that 81 percent of the fleet segments had a positive net cash flow. The net profit margins of 38 percent of the 21 fishing fleet segments were >10%. Two-thirds (67%) of the fleet segments presented positive results in terms of their capital productivity as the return on fixed tangible assets (ROFTA) was positive. Twenty four percent of the fleet segments showed return on investment (ROI) figures of twenty percent or more. A majority of the Chilean and Peruvian fleet segments had ROIs of ten percent or higher in 2018. The financial and economic performance of the fishing fleet segments is not only affected by the seafood prices, but also by the fisheries management regime in place, fish species targeted, fish stock status and fishing methods and technologies applied. The age structure of the fishing vessels shows an increasing trend for most of the fishing fleet segments in this review, which adds to the apparent profitability of the vessels in these fleet segments as depreciation and interests on loans are minimized.
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Book (stand-alone)GuidelineVoluntary Guidelines on the Responsible Governance of Tenure of Land, Fisheries and Forests in the Context of National Food Security 2012The guidelines are the first comprehensive, global instrument on tenure and its administration to be prepared through intergovernmental negotiations. The guidelines set out principles and internationally accepted standards of responsible practices for the use and control of land, fisheries and forests. They provide guidance for improving the policy, legal and organizational frameworks that regulate tenure rights; for enhancing the transparency and administration of tenure systems; and for strengthening the capacities and operations of public bodies, private sector enterprises, civil society organizations and people concerned with tenure and its governance. The guidelines place the governance of tenure within the context of national food security, and are intended to contribute to the progressive realization of the right to adequate food, poverty eradication, environmental protection and sustainable social and economic development.
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Book (series)FlagshipThe State of Food Security and Nutrition in the World 2025
Addressing high food price inflation for food security and nutrition
2025While some progress and recovery have been made in recent years, the world is still above pre-COVID-19 pandemic levels and far from eradicating hunger and food insecurity by 2030 (SDG Target 2.1). Similarly, despite some progress in the global nutrition targets, the world is not on track to achieve SDG Target 2.2. Among other factors, persistent food price inflation has slowed this momentum.The State of Food Security and Nutrition in the World 2025 highlights how elevated inflation in many countries has undermined purchasing power and, especially among low-income populations, access to healthy diets. The report documents how high food price inflation is associated with increases in food insecurity and child malnutrition. Vulnerable groups, including low-income households, women, and rural communities, can be particularly affected by food price inflation, risking setbacks in the fight against hunger and malnutrition.In response to these challenges and to prevent future price shocks, the report examines policy measures adopted by countries, and outlines what is necessary going forwards. It stresses the importance of coherent implementation of fiscal and monetary policies to stabilize markets, promote open and resilient trade, and protect vulnerable populations. Additionally, it calls for better data systems and sustained investment in resilient agrifood systems to build long-term food security and nutrition. These coordinated actions are vital to reignite progress towards ending hunger and malnutrition by 2030. -
Book (stand-alone)Technical bookThe future of food and agriculture - Trends and challenges 2017
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No results found.What will be needed to realize the vision of a world free from hunger and malnutrition? After shedding light on the nature of the challenges that agriculture and food systems are facing now and throughout the 21st century, the study provides insights into what is at stake and what needs to be done. “Business as usual” is not an option. Major transformations in agricultural systems, rural economies, and natural resources management are necessary. The present study was undertaken for the quadrennial review of FAO’s strategic framework and for the preparation of the Organization Medium-Term plan 2018-2021.