The economic performance of the EU fishing fleet during the COVID-19 pandemic

Olivier Thebaud; Griffin Carpenter; Natacha Carvalho; Jordi Guillen; Raúl Prellezo; Sebastián Villasante; Jesper L. Andersen; Edo Avdic Mravlje; Jörg Berkenhagen; Cecile Brigaudeau; Brian Burke; Angel Calvo Santos; Suzana Cano; Franca Contini; José María Da-Rocha; Irina Davidjuka; Francisco Manuel Fernández Martínez; Ignacio Fontaneda-López; Monica Gambino; Elena Garcia Caballero; Olivier Guyader; Jeppe Herring; Geert Hoekstra; Myrto Ioannou; Emmet Jackson; Armelle Jung; Edvardas Kazlauskas; Michael Keatinge; Emil Kuzebski; Sophie Leonardi; Christelle Le Grand; Janek Lees; Carmen Margarita Mancebo-Robledo; Marie Dominique Minne; Arie Mol; Marta Moran Quintana; Simona Nicheva; Heidi Pokki; E. Do João Ramos; Alexandre Rodríguez; Rosaria Felicità Sabatella; Andrew Sciberras; Arnaud Souffez; Constantin Stroie; Hanna Swahnberg; Irene Tzouramani; Maria Valiente Viana; Katrien Verlé; Jarno Virtanen; Ivana Vukov; Kolyo Zhelev

doi:10.1051/alr/2022022

The economic performance of the EU fishing fleet during the COVID-19 pandemic

Olivier Thebaud, Griffin Carpenter, Natacha Carvalho, Jordi Guillen^*, Raúl Prellezo, Sebastián Villasante, Jesper L. Andersen, Edo Avdic Mravlje, Jörg Berkenhagen, Cecile Brigaudeau, Brian Burke, Angel Calvo Santos, Suzana Cano, Franca Contini, José María Da-Rocha, Irina Davidjuka, Francisco Manuel Fernández Martínez, Ignacio Fontaneda-López, Monica Gambino, Elena Garcia CaballeroOlivier Guyader, Jeppe Herring, Geert Hoekstra, Myrto Ioannou, Emmet Jackson, Armelle Jung, Edvardas Kazlauskas, Michael Keatinge, Emil Kuzebski, Sophie Leonardi, Christelle Le Grand, Janek Lees, Carmen Margarita Mancebo-Robledo, Marie Dominique Minne, Arie Mol, Marta Moran Quintana, Simona Nicheva, Heidi Pokki, E. Do João Ramos, Alexandre Rodríguez, Rosaria Felicità Sabatella, Andrew Sciberras, Arnaud Souffez, Constantin Stroie, Hanna Swahnberg, Irene Tzouramani, Maria Valiente Viana, Katrien Verlé, Jarno Virtanen, Ivana Vukov, Kolyo Zhelev

^*Corresponding author for this work

Performance and Impact Agrosectors

Research output: Contribution to journal › Article › Academic › peer-review

4 Citations (Scopus)

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.

Original language	English
Article number	2
Journal	Aquatic Living Resources
Volume	36
Issue number	2
DOIs	https://doi.org/10.1051/alr/2022022
Publication status	Published - 21 Feb 2023

Keywords

COVID-19
Economic impact
European Union
Fisheries

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1051/alr/2022022Licence: CC BY

https://edepot.wur.nl/590100Licence: CC BY

Cite this

Thebaud, O., Carpenter, G., Carvalho, N., Guillen, J., Prellezo, R., Villasante, S., Andersen, J. L., Mravlje, E. A., Berkenhagen, J., Brigaudeau, C., Burke, B., Santos, A. C., Cano, S., Contini, F., Da-Rocha, J. M., Davidjuka, I., Martínez, F. M. F., Fontaneda-López, I., Gambino, M., ... Zhelev, K. (2023). The economic performance of the EU fishing fleet during the COVID-19 pandemic. Aquatic Living Resources, 36(2), Article 2. https://doi.org/10.1051/alr/2022022

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title = "The economic performance of the EU fishing fleet during the COVID-19 pandemic",

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 = "COVID-19, Economic impact, European Union, Fisheries",

author = "Olivier Thebaud and Griffin Carpenter and Natacha Carvalho and Jordi Guillen and Ra{\'u}l Prellezo and Sebasti{\'a}n Villasante and Andersen, {Jesper L.} and Mravlje, {Edo Avdic} and J{\"o}rg Berkenhagen and Cecile Brigaudeau and Brian Burke and Santos, {Angel Calvo} and Suzana Cano and Franca Contini and Da-Rocha, {Jos{\'e} Mar{\'i}a} and Irina Davidjuka and Mart{\'i}nez, {Francisco Manuel Fern{\'a}ndez} and Ignacio Fontaneda-L{\'o}pez and Monica Gambino and Caballero, {Elena Garcia} and Olivier Guyader and Jeppe Herring and Geert Hoekstra and Myrto Ioannou and Emmet Jackson and Armelle Jung and Edvardas Kazlauskas and Michael Keatinge and Emil Kuzebski and Sophie Leonardi and {Le Grand}, Christelle and Janek Lees and Mancebo-Robledo, {Carmen Margarita} and Minne, {Marie Dominique} and Arie Mol and Quintana, {Marta Moran} and Simona Nicheva and Heidi Pokki and {Do Jo{\~a}o Ramos}, E. and Alexandre Rodr{\'i}guez and Sabatella, {Rosaria Felicit{\`a}} and Andrew Sciberras and Arnaud Souffez and Constantin Stroie and Hanna Swahnberg and Irene Tzouramani and Viana, {Maria Valiente} and Katrien Verl{\'e} and Jarno Virtanen and Ivana Vukov and Kolyo Zhelev",

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Thebaud, O, Carpenter, G, Carvalho, N, Guillen, J, Prellezo, R, Villasante, S, Andersen, JL, Mravlje, EA, Berkenhagen, J, Brigaudeau, C, Burke, B, Santos, AC, Cano, S, Contini, F, Da-Rocha, JM, Davidjuka, I, Martínez, FMF, Fontaneda-López, I, Gambino, M, Caballero, EG, Guyader, O, Herring, J, Hoekstra, G, Ioannou, M, Jackson, E, Jung, A, Kazlauskas, E, Keatinge, M, Kuzebski, E, Leonardi, S, Le Grand, C, Lees, J, Mancebo-Robledo, CM, Minne, MD, Mol, A, Quintana, MM, Nicheva, S, Pokki, H, Do João Ramos, E, Rodríguez, A, Sabatella, RF, Sciberras, A, Souffez, A, Stroie, C, Swahnberg, H, Tzouramani, I, Viana, MV, Verlé, K, Virtanen, J, Vukov, I & Zhelev, K 2023, 'The economic performance of the EU fishing fleet during the COVID-19 pandemic', Aquatic Living Resources, vol. 36, no. 2, 2. https://doi.org/10.1051/alr/2022022

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AU - Thebaud, Olivier

AU - Carpenter, Griffin

AU - Carvalho, Natacha

AU - Guillen, Jordi

AU - Prellezo, Raúl

AU - Villasante, Sebastián

AU - Andersen, Jesper L.

AU - Mravlje, Edo Avdic

AU - Berkenhagen, Jörg

AU - Brigaudeau, Cecile

AU - Burke, Brian

AU - Santos, Angel Calvo

AU - Cano, Suzana

AU - Contini, Franca

AU - Da-Rocha, José María

AU - Davidjuka, Irina

AU - Martínez, Francisco Manuel Fernández

AU - Fontaneda-López, Ignacio

AU - Gambino, Monica

AU - Caballero, Elena Garcia

AU - Guyader, Olivier

AU - Herring, Jeppe

AU - Hoekstra, Geert

AU - Ioannou, Myrto

AU - Jackson, Emmet

AU - Jung, Armelle

AU - Kazlauskas, Edvardas

AU - Keatinge, Michael

AU - Kuzebski, Emil

AU - Leonardi, Sophie

AU - Le Grand, Christelle

AU - Lees, Janek

AU - Mancebo-Robledo, Carmen Margarita

AU - Minne, Marie Dominique

AU - Mol, Arie

AU - Quintana, Marta Moran

AU - Nicheva, Simona

AU - Pokki, Heidi

AU - Do João Ramos, E.

AU - Rodríguez, Alexandre

AU - Sabatella, Rosaria Felicità

AU - Sciberras, Andrew

AU - Souffez, Arnaud

AU - Stroie, Constantin

AU - Swahnberg, Hanna

AU - Tzouramani, Irene

AU - Viana, Maria Valiente

AU - Verlé, Katrien

AU - Virtanen, Jarno

AU - Vukov, Ivana

AU - Zhelev, Kolyo

PY - 2023/2/21

Y1 - 2023/2/21

N2 - 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.

AB - 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.

KW - COVID-19

KW - Economic impact

KW - European Union

KW - Fisheries

U2 - 10.1051/alr/2022022

DO - 10.1051/alr/2022022

M3 - Article

AN - SCOPUS:85148945048

SN - 0990-7440

VL - 36

JO - Aquatic Living Resources

JF - Aquatic Living Resources

IS - 2

M1 - 2

ER -

The economic performance of the EU fishing fleet during the COVID-19 pandemic

Abstract

Keywords

UN SDGs

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