Assessment of the economic performance of the seabream and seabass aquaculture industry in the European Union
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Assessment of the economic performance of the seabream and seabass aquaculture industry in the European Union. / Llorente, Ignacio; Fernández-Polanco, José; Baraibar-Diez, Elisa; Odriozola, María D.; Bjørndal, Trond; Asche, Frank; Guillen, Jordi; Avdelas, Lamprakis; Nielsen, Rasmus; Cozzolino, Maria; Luna, Manuel; Fernández-Sánchez, José L.; Luna, Ladislao; Aguilera, Cristóbal; Basurco, Bernardo.
In: Marine Policy, Vol. 117, 103876, 2020.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Assessment of the economic performance of the seabream and seabass aquaculture industry in the European Union
AU - Llorente, Ignacio
AU - Fernández-Polanco, José
AU - Baraibar-Diez, Elisa
AU - Odriozola, María D.
AU - Bjørndal, Trond
AU - Asche, Frank
AU - Guillen, Jordi
AU - Avdelas, Lamprakis
AU - Nielsen, Rasmus
AU - Cozzolino, Maria
AU - Luna, Manuel
AU - Fernández-Sánchez, José L.
AU - Luna, Ladislao
AU - Aguilera, Cristóbal
AU - Basurco, Bernardo
PY - 2020
Y1 - 2020
N2 - Production of gilthead seabream (Sparus aurata) and European seabass (Dicentrarchus labrax) is the second most important aquaculture industry in the European Union in value terms. During the last 10 years, the industry has experienced a process of industry concentration with the aim to overcome efficiency and profitability issues. However, the economic performance of the companies is still in general rather poor. The present work analyzes the economic performance of EU seabream and seabass companies in the period 2008–2016. The work is the first study to analyze companies' profitability in the EU as a whole, by country and company size, using economic and financial data extracted from companies’ annual accounts. Based on the results, the study discusses the improvement of production and business profitability in recent years and the different factors that may have caused it, as well as the challenges and threats that seabream and seabass companies will have to face in order to achieve economic sustainability.
AB - Production of gilthead seabream (Sparus aurata) and European seabass (Dicentrarchus labrax) is the second most important aquaculture industry in the European Union in value terms. During the last 10 years, the industry has experienced a process of industry concentration with the aim to overcome efficiency and profitability issues. However, the economic performance of the companies is still in general rather poor. The present work analyzes the economic performance of EU seabream and seabass companies in the period 2008–2016. The work is the first study to analyze companies' profitability in the EU as a whole, by country and company size, using economic and financial data extracted from companies’ annual accounts. Based on the results, the study discusses the improvement of production and business profitability in recent years and the different factors that may have caused it, as well as the challenges and threats that seabream and seabass companies will have to face in order to achieve economic sustainability.
KW - Aquaculture
KW - Economic performance
KW - European union
KW - Profitability
KW - Seabass
KW - Seabream
U2 - 10.1016/j.marpol.2020.103876
DO - 10.1016/j.marpol.2020.103876
M3 - Journal article
AN - SCOPUS:85079430968
VL - 117
JO - Marine Policy
JF - Marine Policy
SN - 0308-597X
M1 - 103876
ER -
ID: 236666309