The 2009 Annual Economic Report on the EU fishing fleet

The 2009 Annual Economic Report (AER) of the EU fishing fleet is the most recent compilation of statistics on the economic performance of EU member states (MS) fishing fleets. The economic data used in this publication is collected within the framework of the Data Collection Regulation (DCR); cf. Council Regulation (EC) No 1543/2000 of 29 June 2000. This report presents a detailed economic and structural overview of each MS fishing fleet. Economic performance projections for a number of EU fleet segments of key importance are included, as is the latest information on EU fish prices and price trends. Results suggest that the total income generated by the EU fishing fleet was around 7,650 million euros in 2007, a marginal increase compared with previous years. While the number of vessels decreased in most MS between 2002 and 2007, fleet capacity, measured in kW and GT, decreased at a much slower pace. Employment in EU fisheries has also decreased significantly - in 2007 there was around 140,000 fishers employed in the EU fish catching sector. Fishing effort also decreased in most MS fleets. Most fish prices improved between 2002 and 2007, which helped keep landings values steady in the face of declining landings volumes. Overall, the EU fishing fleet was profitable in 2007. Profitability, cash-flow and value added improved between 2002 and 2006. The data suggests that there was a slight downturn in economic performance in 2007 compared with previous years, particularly in the old MS. The outlook for 2008 and 2009 suggests deterioration in economic performance.

ANDERSON John; 

GUILLEN GARCIA Jordi; 

2009-11-26

European Commission

JRC55030

978-92-79-14049-5,   

1018-5593,   

EUR 24069 EN,    OP LB-NA-24069-EN-C,   

https://publications.jrc.ec.europa.eu/repository/handle/JRC55030,   

10.2788/45967,   

https://publications.jrc.ec.europa.eu/repository/bitstream/JRC55030/aer%202009%20final.pdf