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OECD Fisheries Production Continues to Decline Whilst Asia Grows

Sustainability Economics +1 more

GLOBAL - A new OECD report has revealed that overfishing has caused more than a 39 per cent decline in fisheries production since 1988.

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At the same time, 2014 marked the first year that aquaculture production became a bigger source of fish products for consumers than capture fisheries, as aquaculture continues to grow at more than seven percent per year. Asian economies are increasingly the centre of gravity of fish production, consumption and trade, a trend that has been accelerating in recent years.

The OECD Review of Fisheries provides updated statistics and information on developments in policies and activities in the fishing and aquaculture sectors of OECD countries and partner economies.

The 2015 edition contains new chapters on China and Indonesia, two countries that alone account for nearly a quarter of global fish harvests.

Economic growth in China has been driving an increase in consumption of fisheries products. Per capita consumption in China’s cities rose from 10.34 kg in 2000 to 14.62 kg in 2011.

China is now simultaneously the largest marine fisheries producer, the largest aquaculture producer and the largest net exporter of fish products. This year’s Review contains a detailed description of Chinese fisheries policies and activities.

“The solution to restarting growth in OECD fisheries is improved management,” said Roger Martini, Senior Fisheries Analyst at the OECD.

“This is an area where countries have been making some progress, but much more remains to be done before all OECD fish stocks are fully recovered. The new Common Fisheries Policy of the European Union puts great emphasis on sustainability, and the United States has demonstrated that a strong, science-based approach can bring results.”