Economic performance of the EU fishing fleet

THE GOOD NEWS

Key Facts Improvement factors
Number of vessels 74% 25% 1% 150 000
Small-scale Large-scale Distant water Increased number of
coastal fleet fleet fleet 1 sustainable fish stocks,
leading to increased
130 000

110 000
Gross tonnage 8% 72% 20% productivity 90 000
(Northeast Atlantic,
The EU fishing fleet’s economic performance is improving North Sea & Baltic Sea) 70 000

50 000
and having a positive impact on many EU coastal communities, according to figures for 2008-2013 5 227 5 659
5 014 4 979
30 000 4 721
4 558 4 801

2014 10 000
In

generated over
,
the EU fleet € 7.2
billion
€ 3.7
billion
€ 3.7
billion
(GVA)
Gross profit
€1.6
2008 2009 2010 2011 2012 2013 2014

2
average gross profit
billion Greater fuel efficiency per vessel (€)
Fuel prices
in revenue in gross value added Wages number of fish stocks
€2.1
March 2014 - September 2016
0.6 exploited sustainably
(which measures the contribution of
the fisheries sector to the local economy) billion
70 0.5
60
Fuel use intensity 0.4 landings per seaday
50 (kg/day)
GVA to revenue
decreased by 0.3
40 20% between 0.2
%

30 Gross profit margin

-16 % 2009 and 2014 0.1
20 Net profit margin
10 0

Jan.14
Mar.14
May.14
Jul.14
Sep.14
Nov.14
Jan.15
Mar.15
May.15
Jul.15
Sep.15
Nov.15
Jan.16
Mar.16
May.16
Jul.16
Sep.16
0
2008 2009 2010 2011 2012 2013 2014 2015 2016

CHALLENGES AHEAD
6 000
Northeast
Atlantic,
North Sea 6 000
2
& Baltic Sea 160 000
The economic performance 160 000
1 of EU fleets in the Atlantic 5 000 140 000 5 000 140 000

and North Sea saw a more 4 000 120 000 4 000 120 000

intense increase than those 100 000 100 000

3 000 3 000 The economic performance
in the Mediterranean and 80 000 80 000
Mediterranean of some small-scale coastal
Black Sea 2 000 60 000 & Black Sea 2 000 60 000
fleets continues to stagnate,
40 000 40 000
Landings per seady (kg / seaday)
1 000 1 000 while that for the large-
20 000 20 000
Average gross profit per vessel (€) scale fleet is improving.
0 0 0 0
2008 2009 2010 2011 2012 2013 2014 2008 2009 2010 2011 2012 2013 2014