Title: The economic performance of the EU aquaculture sector (STECF 14-18). Scientific, Technical and Economic Committee for Fisheries (STECF)
Editors: NIELSEN R.
MOTOVA ARINA
Publisher: Publications Office of the European Union
Publication Year: 2014
JRC N°: JRC93169
ISBN: 978-92-79-44719-8
ISSN: 1831-9424
Other Identifiers: EUR 27033
OP LB-NA-27033-EN-N
URI: http://publications.jrc.ec.europa.eu/repository/handle/JRC93169
DOI: 10.2788/15501
Type: EUR - Scientific and Technical Research Reports
Abstract: This is the fourth EWG‐14‐10 report, on the Economic Performance of the European Union (EU) Aquaculture 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 2012, the aquaculture sector production in the EU28 accounted for 1.39 million tonnes, with an estimated turnover of 4.36 billion Euros. The EU aquaculture industry contained about 15,000 enterprises, whose main activity is the aquaculture production, producing a Gross Value Added of around 1.5 billion Euros. Available data suggest that the profitability in the sector decreased in 2012 compared to 2011. Profitability based on the Return On Investment calculated from the EBIT dropped from 9.4 % to 7% and the future expectation indicator decreased from 5% to 3% from 2011 to 2012. The EU aquaculture sector employed approximately 80,000 people in Europe, of which more than half was employed in shellfish farming. Women accounted for 24 % 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 50 % of the total number of employees). Part‐time employment is important in the shellfish and freshwater aquaculture subsectors. The economic performance, productivity and cost structures differs a lot in the different sectors, marine, shellfish and freshwater, as well as, for the different technique used and different species produced. Administrative barriers, like the lack of licenses, strict environmental regulation and multilevel governments is still considered to be the most important issue to solve to lay out the foundation for future growth in the European aquaculture sector.
JRC Directorate:Space, Security and Migration

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