Title: The 2017 Annual Economic Report on the EU Fishing Fleet (STECF 17-12)
Editors: DENTES DE CARVALHO GASPAR NATACHA
KEATINGE MICHAEL
GUILLEN GARCIA JORDI
Publisher: Publications Office of the European Union
Publication Year: 2017
JRC N°: JRC107883
ISBN: 978-92-79-73426-7
ISSN: 1977-6578
1831-9424
Other Identifiers: EUR 28359 EN
OP LB-AQ-17-001-EN-N
URI: http://publications.jrc.ec.europa.eu/repository/handle/JRC107883
DOI: 10.2760/36154
Type: EUR - Scientific and Technical Research Reports
Abstract: In 2015, the EU fishing fleet numbered 84 420 vessels with a combined gross tonnage (GT) of 1.62 million tonnes and engine power of 6.44 million kilowatts (kW). EU fleet capacity continues to decrease steadily at an average annual rate of 2% in terms of vessel numbers and engine power (kW) and 3% in terms of gross tonnage (GT). Based on data submitted by Member States under Data Collection Framework (DCF), there were 63 976 active vessels and 20 444 inactive vessels in 2015. Of the active vessels, 74% were classed as small-scale coastal vessels, 25% large-scale and remaining 1%, distant-water vessels. The EU inactive fleet represented 24% of the total EU fleet in number, 9% of the gross tonnage and 14% of the engine power. Direct employment generated by the fleet amounted to just under 152 720 fishers, corresponding to 114 863 FTEs. Revenue (income from landings plus other income) earned by the EU fishing fleet in 2015 (excl. Greece) was estimated at €7.27 billion. The amount of Gross Value Added (GVA) and gross profit (all excl. subsidies) generated by the EU fishing fleet (excl. Greece) was €3.9 billion and €1.6 billion, respectively. GVA as a proportion of total revenue was estimated at 54% and gross profit margin at 23%. With a total net profit of €798 million in 2015, 11% of the revenue was retained as net profit, up from 7.4% in 2013 and remaining stable compared to 2014 This publication includes: 1) An structural and economic overview of the EU fishing fleet in 2015, with projections for 2016-2017, and trend analyses for the years 2008-2015; 2) A regional analysis of the EU fishing fleet by major sea basin: Baltic Sea, North Sea & Eastern Arctic, North East Atlantic, Mediterranean & Black Sea, as well as fleets operating in Other Fishing Regions, including the Northwest Atlantic, Outermost regions and Other regions; 3) A detailed structural and economic overview of each EU Member State fishing fleet, including qualitative economic performance assessments for 2015 and projections for 2016 and 2017.
JRC Directorate:Sustainable Resources

Files in This Item:
File Description SizeFormat 
lbaq17001enn.pdf15.76 MBAdobe PDFView/Open


Items in repository are protected by copyright, with all rights reserved, unless otherwise indicated.