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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2023
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Online Access: | https://research.wur.nl/en/publications/the-economic-performance-of-the-eu-fishing-fleet-during-the-covid https://doi.org/10.1051/alr/2022022 |
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ftunivwagenin:oai:library.wur.nl:wurpubs/612415 2024-04-28T08:32:13+00:00 The economic performance of the EU fishing fleet during the COVID-19 pandemic Thebaud, Olivier 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 João Ramos, E. 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 application/pdf https://research.wur.nl/en/publications/the-economic-performance-of-the-eu-fishing-fleet-during-the-covid https://doi.org/10.1051/alr/2022022 en eng https://edepot.wur.nl/590100 https://research.wur.nl/en/publications/the-economic-performance-of-the-eu-fishing-fleet-during-the-covid doi:10.1051/alr/2022022 https://creativecommons.org/licenses/by/4.0/ Wageningen University & Research Aquatic Living Resources 36 (2023) 2 ISSN: 0990-7440 COVID-19 Economic impact European Union Fisheries Article/Letter to editor 2023 ftunivwagenin https://doi.org/10.1051/alr/2022022 2024-04-03T14:41:12Z 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 Wageningen UR (University & Research Centre): Digital Library Aquatic Living Resources 36 2 |
institution |
Open Polar |
collection |
Wageningen UR (University & Research Centre): Digital Library |
op_collection_id |
ftunivwagenin |
language |
English |
topic |
COVID-19 Economic impact European Union Fisheries |
spellingShingle |
COVID-19 Economic impact European Union Fisheries Thebaud, Olivier 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 João Ramos, E. 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 Economic impact European Union Fisheries |
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 |
Thebaud, Olivier 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 João Ramos, E. 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 |
Thebaud, Olivier 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 João Ramos, E. 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 |
Thebaud, Olivier |
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 |
publishDate |
2023 |
url |
https://research.wur.nl/en/publications/the-economic-performance-of-the-eu-fishing-fleet-during-the-covid https://doi.org/10.1051/alr/2022022 |
genre |
Northeast Atlantic |
genre_facet |
Northeast Atlantic |
op_source |
Aquatic Living Resources 36 (2023) 2 ISSN: 0990-7440 |
op_relation |
https://edepot.wur.nl/590100 https://research.wur.nl/en/publications/the-economic-performance-of-the-eu-fishing-fleet-during-the-covid doi:10.1051/alr/2022022 |
op_rights |
https://creativecommons.org/licenses/by/4.0/ Wageningen University & Research |
op_doi |
https://doi.org/10.1051/alr/2022022 |
container_title |
Aquatic Living Resources |
container_volume |
36 |
container_start_page |
2 |
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1797589490159583232 |