Scientific, Technical and Economic Committee for Fisheries (STECF) - Economic Performance of the EU Aquaculture Sector (STECF-OWP-12- 03)
This EWG-11-14 report, on the Economic Performance of the European Union (EU) Aquaculture sector, is the first report of this type produced for the sector. It provides a comprehensive overview of the latest information available on the structure, social, economic and competitive performance of the aquaculture sector at both national and EU level. The data used in this publication was collected under the Data Collection Framework (DCF). In 2009, the aquaculture sector production in the EU-22 (excluding the 5 landlocked Member States) accounted for 1.30 million tones, with an estimated turnover of 3.33 billion Euros. In the EU there are about 15,000 companies, whose main activity is the aquaculture production, producing a Gross Value Added of almost 270 million Euros. Profitability in 2009, based on the return on investment calculated from the EBIT was negative at -1.6 %, meaning that the sector has been suffering losses. The EU aquaculture sector gave direct employment to around 80,000 people in Europe, with an annual average wage of around 13,750 Euro. Women accounted for 25 % of these jobs. The large percentage of part-time work in the sector should be highlighted, as can be seen through comparison of the total employment numbers with employment expressed in Full Time Equivalents (FTE is 38 % of the total number of employees). The economic performance and the productivity differ enormously by segment. The cost structures of the different segments are also presented on the report. While the EU aquaculture sector has made several achievements over the last decades, the sector is at present suffering from a period of stagnation (low production growth). If some of the main obstacles are removed, however, the EU aquaculture sector can overcome the stagnation, especially through its strong capacities in innovation and technological development. The STECF reviewed the EWG-11-14 report by written procedure in March 2012.
GUILLEN Jordi;
CONTINI Franca;
DOERNER Hendrik;
2012-06-11
Publications Office of the European Union
JRC70424
978-92-79-23838-3,
1831-9424,
EUR 25285 EN,
OP LB-NA-25285-EN-N,
https://publications.jrc.ec.europa.eu/repository/handle/JRC70424,
10.2788/22171,
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