The UK fleet was profitable between 2008 and 2012 but profits in the under-10-meter sector were only a little over half those in the over-10s, according to the latest Annual Economic Report on the EU fleets produced each year by the Commission’s scientific, technical and economics committee (STECF).
Landings between 2008 and 2012 increased in value by 22 percent; this matched almost exactly a 23 percent increase in the consumer price index for fish and seafood and represents a real rate of growth of 7 percent over the period brought about by a 9 percent increase in landings.
Landings