The 2012 Annual Economic Report on the EU Fishing Fleet (STECF-12-10)

The 2012 Annual Economic Report (AER) on the European Union (EU) fishing fleet provides a comprehensive overview of the latest information available on the structure and economic performance of EU Member States fishing fleets. The results indicate that the EU fishing fleet moved from a loss making position to post a profit in 2010. On the whole, the EU fleet showed improvements in the economic performance indicators analysed when compared to 2009: GVA was estimated at €3.4 billion, an increase of 5.7%; gross profit was €1.2 billion, a 39.5% increase and net profit was €288 million, an increase of over €300 million from 2009 (all excluding subsidies). Forecast figures also indicate that the fleet’s economic performance improved in 2011 for around three quarters of the national fleets analysed, yet in the current economic climate, the future of many EU fleets remain uncertain. This year’s publication includes: (1) an economic and structural overview of the EU fishing fleet; (2) a detailed economic and structural overview of the fishing fleets from each EU Member State; (3) qualitative economic performance assessments for 2011 and 2012 for each EU Member State; (4) detailed economic and structural analyses of Member States key fleet segments; (5) regional analyses of the EU fishing fleet; (6) EU fish prices analysis; (7) economic indicators for assessing balance between fleet capacity and fishing opportunities and (8) analyses of DCF data relating to fishing rights.JRC.G.4-Maritime affair