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Research Outline
Prepared for Arnon Z. | Delivered May 17, 2020
EU Fish and Seafood
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Goals
To find out financial statistics for the production of fish from inland and industrial farms in EU.
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Early Findings
Harvesters sold seafood worth
€4.9 billion
in 2016.
2016 turnover in the aquaculture sector represented an EBIT of
€0.8 billion
.
Shellfish farming in EU contributes a revenue of
€1.1 billion each year
.
United Kingdom, France, Greece, Italy and Spain are among the top-contributing countries when it comes to prdouction. Each of them contribute between
€550 million and €1,100 million
.
The
top 5 species
consumed in the EU include tuna, cod, salmon, Alaska pollock , and shrimps.
Consumers in Europe spent a total of
$67.3 billion
on fish and seafood in 2017.
Consumer spending per person in Europe was valued at
$131
in 2017.
Although fish is popular, meat surpasses it by a lot as the total meat sales in the EU were valued at
$260 billion
(as compared to
$67.3 billion
fish sales).
Europe exports
$4.7 billion
worth of fish and seafood.
Chief seafood exports from EU include
flatfish, mackerel, and salmon
.
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