The economic performance of the EU fishing fleet during the COVID-19 pandemic

Type Article
Date 2023-02
Language English
Author(s) Carpenter GriffinORCID1, Carvalho Natacha2, Guillen JordiORCID3, Prellezo RaúlORCID4, Villasante SebastiánORCID5, Andersen Jesper L.ORCID6, Mravlje Edo Avdic7, Berkenhagen Jörg8, Brigaudeau Cecile9, Burke Brian10, Santos Angel Calvo11, Cano Suzana12, Contini Franca3, Da-Rocha José-MaríaORCID13, Davidjuka Irina14, Martínez Francisco Manuel Fernández15, Fontaneda-López Ignacio15, Gambino Monica16, Caballero Elena Garcia15, Guyader OlivierORCID17, Herring Jeppe18, Hoekstra GeertORCID19, Ioannou Myrto20, Jackson EmmetORCID10, Jung Armelle21, Kazlauskas Edvardas22, Keatinge Michael23, Kuzebski EmilORCID24, Leonardi SophieORCID17, Le Grand ChristelleORCID17, Lees Janek25, Mancebo-Robledo Carmen Margarita15, Minne Marie-DominiqueORCID26, Mol Arie19, Quintana Marta Moran27, Nicheva Simona28, Pokki HeidiORCID29, Do ó João Ramos12, Rodríguez Alexandre30, Sabatella Rosaria Felicità16, Sciberras AndrewORCID31, Souffez Arnaud32, Stroie Constantin33, Swahnberg Hanna34, Tzouramani IreneORCID35, Viana Maria Valiente15, Verlé Katrien36, Virtanen Jarno3, 8, Vukov IvanaORCID37, Zhelev Kolyo28
Affiliation(s) 1 : Independent Researcher, Brussels, Belgium
2 : European Environment Agency (EEA), Copenhagen, Denmark
3 : European Commission, Joint Research Centre, Ispra, Italy
4 : AZTI, Sukarrieta, Spain
5 : CRETUS, Department of Applied Economics, Campus Sur, University of Santiago de Compostela, A Coruña, Spain
6 : University of Copenhagen, Copenhagen, Denmark
7 : Fisheries Research Institute of Slovenia, Ljubljana, Slovenia
8 : Thünen Institute of Sea Fisheries, Bremerhaven, Germany
9 : Althea Consultant, Lampaul-Plouarzel, France
10 : Bord Iascaigh Mhara (BIM), Cork, Ireland
11 : European Commission, DG MARE, Brussels, Belgium
12 : Direção-Geral de Recursos Naturais, Segurança e Serviços Marítimos (DGRM), Lisbon, Portugal
13 : Universidade de Vigo, Spain
14 : Institute of Food Safety, Animal Health and Environment “BIOR”, Riga, Latvia
15 : Ministry of Agriculture and Fisheries (MAPA), General Secretary for Fisheries, Madrid, Spain
16 : NISEA, Fisheries and Aquaculture Economic Research, Salerno, Italy
17 : IFREMER, UMR AMURE, Brest, France
18 : Statistics Denmark, Copenhagen, Denmark
19 : Wageningen Economic Research, The Hague, The Netherlands
20 : Department of Fisheries and Marine Research, Nicosia, Cyprus
21 : Des Requins et Des Hommes (DRDH), Plouzané, France
22 : Agriculture Information and Rural Business Center, Vilnius, Lithuania
23 : Independent Researcher, Dublin, Ireland
24 : National Marine Fisheries Research Institute, Gdynia, Poland
25 : Estonian Marine Institute, University of Tartu, Tallinn, Estonia
26 : Ministry of Agriculture and Food, Paris, France
27 : Seafish, Edinburgh, United Kingdom
28 : Executive Agency for Fisheries and Aquaculture, Burgas, Bulgaria
29 : Natural Resources Institute Finland (LUKE), Helsinki, Finland
30 : EU Long Distance Fleet Advisory Council (LDAC), Madrid, Spain
31 : Fisheries Research Unit, Department of Fisheries and Aquaculture, Marsa, Malta
32 : University of Nantes, Nantes, France
33 : National Agency for Fisheries and Aquaculture of Romania, Bucarest, Romania
34 : Swedish Agency for Marine and Water Management, Gothenburg, Sweden
35 : Agricultural Economics Research Institute HAO DEMETER, Athens, Greece
36 : ILVO – Flanders Research Institute for Agriculture, Fisheries and Food, Ostend, Belgium
37 : Ministry of Agriculture, Directorate of Fisheries, Zagreb, Croatia
Source Aquatic Living Resources (0990-7440) (EDP Sciences), 2023-02 , Vol. 36 , N. 2 , P. 14p.
DOI 10.1051/alr/2022022
WOS© Times Cited 2
Note Special Issue - COVID-19 effects on fisheries and aquaculture food systems
Keyword(s) COVID-19, fisheries, economic impact, European Union
Abstract

The COVID-19 outbreak and subsequent public health interventions have depressed demand and disrupted supply chains for many fishing businesses. This paper provides an analysis of the COVID-19 impacts on the profitability of the EU fishing fleets. Nowcasting techniques were used to estimate the impact of the COVID-19 pandemic on the economic performance for the EU fishing fleet in 2020 and 2021. Our results show that the economic impact of COVID-19 on this sector was smaller than initially expected and overall profits remained positive. This was in part due to low fuel prices that reduced operating costs of fishing, and the early response from governments to support the sector. The results vary by fishing fleet, revealing that small-scale fleets and the fleets in the Mediterranean and Black seas have been more impacted than large-scale fleets and the fleets in the Northeast Atlantic.
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Carpenter Griffin, Carvalho Natacha, Guillen Jordi, Prellezo Raúl, Villasante Sebastián, Andersen Jesper L., Mravlje Edo Avdic, Berkenhagen Jörg, Brigaudeau Cecile, Burke Brian, Santos Angel Calvo, Cano Suzana, Contini Franca, Da-Rocha José-María, Davidjuka Irina, Martínez Francisco Manuel Fernández, Fontaneda-López Ignacio, Gambino Monica, Caballero Elena Garcia, Guyader Olivier, Herring Jeppe, Hoekstra Geert, Ioannou Myrto, Jackson Emmet, Jung Armelle, Kazlauskas Edvardas, Keatinge Michael, Kuzebski Emil, Leonardi Sophie, Le Grand Christelle, Lees Janek, Mancebo-Robledo Carmen Margarita, Minne Marie-Dominique, Mol Arie, Quintana Marta Moran, Nicheva Simona, Pokki Heidi, Do ó João Ramos, Rodríguez Alexandre, Sabatella Rosaria Felicità, Sciberras Andrew, Souffez Arnaud, Stroie Constantin, Swahnberg Hanna, Tzouramani Irene, Viana Maria Valiente, Verlé Katrien, Virtanen Jarno, Vukov Ivana, Zhelev Kolyo (2023). The economic performance of the EU fishing fleet during the COVID-19 pandemic. Aquatic Living Resources, 36(2), 14p. Publisher's official version : https://doi.org/10.1051/alr/2022022 , Open Access version : https://archimer.ifremer.fr/doc/00822/93390/