The economic performance of the EU fishing fleet during the COVID-19 pandemic
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 impac...
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2023-01-01
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| Series: | Aquatic Living Resources |
| Subjects: | |
| Online Access: | https://www.alr-journal.org/articles/alr/full_html/2023/01/alr220013/alr220013.html |
| _version_ | 1797698090606526464 |
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| author | 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 |
| author_facet | 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 |
| author_sort | Carpenter Griffin |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-03-12T03:49:15Z |
| format | Article |
| id | doaj.art-31dc839d4f084ecca32ed1864d9f98b8 |
| institution | Directory Open Access Journal |
| issn | 1765-2952 |
| language | English |
| last_indexed | 2024-03-12T03:49:15Z |
| publishDate | 2023-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | Aquatic Living Resources |
| spelling | doaj.art-31dc839d4f084ecca32ed1864d9f98b82023-09-03T12:29:42ZengEDP SciencesAquatic Living Resources1765-29522023-01-0136210.1051/alr/2022022alr220013The economic performance of the EU fishing fleet during the COVID-19 pandemicCarpenter Griffin0https://orcid.org/0000-0002-4025-1256Carvalho Natacha1Guillen Jordi2https://orcid.org/0000-0003-3705-2253Prellezo Raúl3https://orcid.org/0000-0001-5998-8146Villasante Sebastián4https://orcid.org/0000-0001-6296-4479Andersen Jesper L.5https://orcid.org/0000-0001-6963-5053Mravlje Edo Avdic6Berkenhagen Jörg7Brigaudeau Cecile8Burke Brian9Santos Angel Calvo10Cano Suzana11Contini Franca12Da-Rocha José-María13https://orcid.org/0000-0003-3985-8816Davidjuka Irina14Martínez Francisco Manuel Fernández15Fontaneda-López Ignacio16Gambino Monica17Caballero Elena Garcia18Guyader Olivier19Herring Jeppe20Hoekstra Geert21https://orcid.org/0000-0002-8306-4346Ioannou Myrto22Jackson Emmet23https://orcid.org/0000-0002-3858-6479Jung Armelle24Kazlauskas Edvardas25Keatinge Michael26Kuzebski Emil27https://orcid.org/0000-0002-7317-4365Leonardi Sophie28Le Grand Christelle29https://orcid.org/0000-0002-4188-8187Lees Janek30Mancebo-Robledo Carmen Margarita31Minne Marie-Dominique32https://orcid.org/0000-0002-6682-8113Mol Arie33Quintana Marta Moran34Nicheva Simona35Pokki Heidi36https://orcid.org/0000-0003-3966-0850Do Ó João Ramos37Rodríguez Alexandre38Sabatella Rosaria Felicità39Sciberras Andrew40https://orcid.org/0000-0001-5694-536XSouffez Arnaud41Stroie Constantin42Swahnberg Hanna43Tzouramani Irene44https://orcid.org/0000-0001-9206-6063Viana Maria Valiente45Verlé Katrien46Virtanen Jarno47Vukov Ivana48https://orcid.org/0000-0002-3627-9221Zhelev Kolyo49Independent ResearcherEuropean Environment Agency (EEA)European Commission, Joint Research CentreAZTICRETUS, Department of Applied Economics, Campus Sur, University of Santiago de CompostelaUniversity of CopenhagenFisheries Research Institute of SloveniaThünen Institute of Sea FisheriesAlthea ConsultantBord Iascaigh Mhara (BIM)European Commission, DG MAREDireção-Geral de Recursos Naturais, Segurança e Serviços Marítimos (DGRM)European Commission, Joint Research CentreUniversidade de VigoInstitute of Food Safety, Animal Health and Environment “BIOR”Ministry of Agriculture and Fisheries (MAPA), General Secretary for FisheriesMinistry of Agriculture and Fisheries (MAPA), General Secretary for FisheriesNISEA, Fisheries and Aquaculture Economic ResearchMinistry of Agriculture and Fisheries (MAPA), General Secretary for FisheriesIFREMER, UMR AMUREStatistics DenmarkWageningen Economic ResearchDepartment of Fisheries and Marine ResearchBord Iascaigh Mhara (BIM)Des Requins et Des Hommes (DRDH)Agriculture Information and Rural Business CenterIndependent ResearcherNational Marine Fisheries Research InstituteIFREMER, UMR AMUREIFREMER, UMR AMUREEstonian Marine Institute, University of TartuMinistry of Agriculture and Fisheries (MAPA), General Secretary for FisheriesMinistry of Agriculture and FoodWageningen Economic ResearchSeafishExecutive Agency for Fisheries and AquacultureNatural Resources Institute Finland (LUKE)Direção-Geral de Recursos Naturais, Segurança e Serviços Marítimos (DGRM)EU Long Distance Fleet Advisory Council (LDAC)NISEA, Fisheries and Aquaculture Economic ResearchFisheries Research Unit, Department of Fisheries and AquacultureUniversity of NantesNational Agency for Fisheries and Aquaculture of RomaniaSwedish Agency for Marine and Water ManagementAgricultural Economics Research Institute HAO DEMETERMinistry of Agriculture and Fisheries (MAPA), General Secretary for FisheriesILVO – Flanders Research Institute for Agriculture, Fisheries and FoodEuropean Commission, Joint Research CentreMinistry of Agriculture, Directorate of FisheriesExecutive Agency for Fisheries and AquacultureThe 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.https://www.alr-journal.org/articles/alr/full_html/2023/01/alr220013/alr220013.htmlcovid-19fisherieseconomic impacteuropean union |
| spellingShingle | 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 The economic performance of the EU fishing fleet during the COVID-19 pandemic Aquatic Living Resources covid-19 fisheries economic impact european union |
| title | The economic performance of the EU fishing fleet during the COVID-19 pandemic |
| title_full | The economic performance of the EU fishing fleet during the COVID-19 pandemic |
| title_fullStr | The economic performance of the EU fishing fleet during the COVID-19 pandemic |
| title_full_unstemmed | The economic performance of the EU fishing fleet during the COVID-19 pandemic |
| title_short | The economic performance of the EU fishing fleet during the COVID-19 pandemic |
| title_sort | economic performance of the eu fishing fleet during the covid 19 pandemic |
| topic | covid-19 fisheries economic impact european union |
| url | https://www.alr-journal.org/articles/alr/full_html/2023/01/alr220013/alr220013.html |
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