Aquatic Living Resources (Jan 2023)
The economic performance of the EU fishing fleet during the COVID-19 pandemic
- 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
Affiliations
- Carpenter Griffin
- ORCiD
- Independent Researcher
- Carvalho Natacha
- European Environment Agency (EEA)
- Guillen Jordi
- ORCiD
- European Commission, Joint Research Centre
- Prellezo Raúl
- ORCiD
- AZTI
- Villasante Sebastián
- ORCiD
- CRETUS, Department of Applied Economics, Campus Sur, University of Santiago de Compostela
- Andersen Jesper L.
- ORCiD
- University of Copenhagen
- Mravlje Edo Avdic
- Fisheries Research Institute of Slovenia
- Berkenhagen Jörg
- Thünen Institute of Sea Fisheries
- Brigaudeau Cecile
- Althea Consultant
- Burke Brian
- Bord Iascaigh Mhara (BIM)
- Santos Angel Calvo
- European Commission, DG MARE
- Cano Suzana
- Direção-Geral de Recursos Naturais, Segurança e Serviços Marítimos (DGRM)
- Contini Franca
- European Commission, Joint Research Centre
- Da-Rocha José-María
- ORCiD
- Universidade de Vigo
- Davidjuka Irina
- Institute of Food Safety, Animal Health and Environment “BIOR”
- Martínez Francisco Manuel Fernández
- Ministry of Agriculture and Fisheries (MAPA), General Secretary for Fisheries
- Fontaneda-López Ignacio
- Ministry of Agriculture and Fisheries (MAPA), General Secretary for Fisheries
- Gambino Monica
- NISEA, Fisheries and Aquaculture Economic Research
- Caballero Elena Garcia
- Ministry of Agriculture and Fisheries (MAPA), General Secretary for Fisheries
- Guyader Olivier
- IFREMER, UMR AMURE
- Herring Jeppe
- Statistics Denmark
- Hoekstra Geert
- ORCiD
- Wageningen Economic Research
- Ioannou Myrto
- Department of Fisheries and Marine Research
- Jackson Emmet
- ORCiD
- Bord Iascaigh Mhara (BIM)
- Jung Armelle
- Des Requins et Des Hommes (DRDH)
- Kazlauskas Edvardas
- Agriculture Information and Rural Business Center
- Keatinge Michael
- Independent Researcher
- Kuzebski Emil
- ORCiD
- National Marine Fisheries Research Institute
- Leonardi Sophie
- IFREMER, UMR AMURE
- Le Grand Christelle
- ORCiD
- IFREMER, UMR AMURE
- Lees Janek
- Estonian Marine Institute, University of Tartu
- Mancebo-Robledo Carmen Margarita
- Ministry of Agriculture and Fisheries (MAPA), General Secretary for Fisheries
- Minne Marie-Dominique
- ORCiD
- Ministry of Agriculture and Food
- Mol Arie
- Wageningen Economic Research
- Quintana Marta Moran
- Seafish
- Nicheva Simona
- Executive Agency for Fisheries and Aquaculture
- Pokki Heidi
- ORCiD
- Natural Resources Institute Finland (LUKE)
- Do Ó João Ramos
- Direção-Geral de Recursos Naturais, Segurança e Serviços Marítimos (DGRM)
- Rodríguez Alexandre
- EU Long Distance Fleet Advisory Council (LDAC)
- Sabatella Rosaria Felicità
- NISEA, Fisheries and Aquaculture Economic Research
- Sciberras Andrew
- ORCiD
- Fisheries Research Unit, Department of Fisheries and Aquaculture
- Souffez Arnaud
- University of Nantes
- Stroie Constantin
- National Agency for Fisheries and Aquaculture of Romania
- Swahnberg Hanna
- Swedish Agency for Marine and Water Management
- Tzouramani Irene
- ORCiD
- Agricultural Economics Research Institute HAO DEMETER
- Viana Maria Valiente
- Ministry of Agriculture and Fisheries (MAPA), General Secretary for Fisheries
- Verlé Katrien
- ILVO – Flanders Research Institute for Agriculture, Fisheries and Food
- Virtanen Jarno
- European Commission, Joint Research Centre
- Vukov Ivana
- ORCiD
- Ministry of Agriculture, Directorate of Fisheries
- Zhelev Kolyo
- Executive Agency for Fisheries and Aquaculture
- DOI
- https://doi.org/10.1051/alr/2022022
- Journal volume & issue
-
Vol. 36
p. 2
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.
Keywords
