- 1 Economic performance and prices
- 1.1 General information
- 1.2 Deliverables
- 1.2.1 D2.1 - Report on the development of prices & volumes in the European fishery & aquaculture market
- 1.2.2 D2.2 - Report on the economic performance of selected European and Canadian fisheries
- 1.2.4 D2.3 - Report on the economic performance of selected European and Vietnamese farmed species
- 1.2.5 D2.4 - Report on “boom and bust” cycles for selected European fisheries and farmed species
- 1.2.6 D2.5 - Manuscript to a peer-reviewed journal on “boom-and-bust” cycles in European seafood markets
- 1.2.7 D2.6 - Manuscript to a peer-reviewed journal on the economic performance of European seafood producers
- 1.3 Links & Resources
Economic performance and prices
WP2 analyses economic performance of the European fisheries and aquaculture sectors using aggregate data obtained from available public sources as well as detailed data from individual companies. This will allow for comparison of the performance of these sectors within Europe, as well as between European countries and other relevant international players. In particular, detailed analysis of growth, productivity and forefront efficiency, using parametric and non-parametric methods, will be conducted on individual European case studies of the chosen species and compared with the performance of Canadian cod and Vietnamese pangasius producers. Additionally, WP2 analyses historically the behaviour of seafood prices in general, as well as the development of market prices of the chosen species, focusing especially on the “boom and bust” cycles characteristics. The outcome of the WP will be critical factors and bottlenecks in the economic performance of the salmon, freshwater trout, cod, sea-bass and bream and herring sectors (SO2).
Economic performance and prices
As part of WP 2 “Economic performance and prices“ in PrimeFish, one task (Task 2.2) was to provide an overview on the European seafood market in perspective, i.e. to look at the development in European supplies (production) and demand (consumption) both over time, and in comparison with the development in other continents.
The report has not the intention to go deeply into many of the different sectors and/or species that make up the European seafood sector, but rather to provide a “birds view” looking for major trends in supplies and demand, and to compare the performance in Europe to other continents, with respect to the major commodity groups as defined by FAO.
The analysis and report was split into four parts providing i) some macro characteristics for the seafood market, ii) a focus on seafood consumption, iii) a look at fisheries and finally iv) aquaculture
D2.2 - Report on the economic performance of selected European and Canadian fisheries
D2.3 - Report on the economic performance of selected European and Vietnamese farmed species
The seafood production and trade system is exposed to a variety of disruptions including fishery collapses, natural disasters, policy changes and price spikes. Especially the shocks caused by the latter are particularly negative for fisheries and aquaculture operations because they limit the ability to generalise or predict and, consequently, to adequately response to the market‘s shocks. The overall objective of PrimeFish is to enhance the economic sustainability of European fisheries and aquaculture sectors to inform operators and help them to identify potential risks and opportunities to build resilience in the global food system. As part of WP2 “Economic performance and prices” in PrimeFish, this deliverable is devoted to provide a detection of the component of time series of prices and an analysis of the occurrence for “boom and bust” cycles for the selected species studied in PrimeFish. (click title to download deliverable)
D2.5 - Manuscript to a peer-reviewed journal on “boom-and-bust” cycles in European seafood markets
D2.6 - Manuscript to a peer-reviewed journal on the economic performance of European seafood producers