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...
Published in: | Aquatic Living Resources |
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Format: | Article in Journal/Newspaper |
Language: | English |
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EDP Sciences
2023
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Online Access: | https://archimer.ifremer.fr/doc/00822/93390/100101.pdf https://doi.org/10.1051/alr/2022022 https://archimer.ifremer.fr/doc/00822/93390/ |
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ftarchimer:oai:archimer.ifremer.fr:93390 2023-05-15T17:41:23+02:00 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 2023-02 application/pdf https://archimer.ifremer.fr/doc/00822/93390/100101.pdf https://doi.org/10.1051/alr/2022022 https://archimer.ifremer.fr/doc/00822/93390/ eng eng EDP Sciences https://archimer.ifremer.fr/doc/00822/93390/100101.pdf doi:10.1051/alr/2022022 https://archimer.ifremer.fr/doc/00822/93390/ info:eu-repo/semantics/openAccess restricted use Aquatic Living Resources (0990-7440) (EDP Sciences), 2023-02 , Vol. 36 , N. 2 , P. 14p. COVID-19 fisheries economic impact European Union text Publication info:eu-repo/semantics/article 2023 ftarchimer https://doi.org/10.1051/alr/2022022 2023-04-11T22:53:33Z 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. Article in Journal/Newspaper Northeast Atlantic Archimer (Archive Institutionnelle de l'Ifremer - Institut français de recherche pour l'exploitation de la mer) Aquatic Living Resources 36 2 |
institution |
Open Polar |
collection |
Archimer (Archive Institutionnelle de l'Ifremer - Institut français de recherche pour l'exploitation de la mer) |
op_collection_id |
ftarchimer |
language |
English |
topic |
COVID-19 fisheries economic impact European Union |
spellingShingle |
COVID-19 fisheries economic impact European Union 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 |
topic_facet |
COVID-19 fisheries economic impact European Union |
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. |
format |
Article in Journal/Newspaper |
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 |
title |
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_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_sort |
economic performance of the eu fishing fleet during the covid-19 pandemic |
publisher |
EDP Sciences |
publishDate |
2023 |
url |
https://archimer.ifremer.fr/doc/00822/93390/100101.pdf https://doi.org/10.1051/alr/2022022 https://archimer.ifremer.fr/doc/00822/93390/ |
genre |
Northeast Atlantic |
genre_facet |
Northeast Atlantic |
op_source |
Aquatic Living Resources (0990-7440) (EDP Sciences), 2023-02 , Vol. 36 , N. 2 , P. 14p. |
op_relation |
https://archimer.ifremer.fr/doc/00822/93390/100101.pdf doi:10.1051/alr/2022022 https://archimer.ifremer.fr/doc/00822/93390/ |
op_rights |
info:eu-repo/semantics/openAccess restricted use |
op_doi |
https://doi.org/10.1051/alr/2022022 |
container_title |
Aquatic Living Resources |
container_volume |
36 |
container_start_page |
2 |
_version_ |
1766142910719328256 |