Approximately 1,700 full-time enterprises are engaged in the various fishery sectors – fishing, aquaculture, fish processing and the fish retail and wholesale.

Of the various sectors, fish processing is the largest, both with regard to the profits that it generates and the employment it provides. Profits from the trade in fish have also followed a growth path over the last few years.

Luke monitors the financial development of Finnish fishery enterprises on the basis of data gathered annually from firms’ financial statements and key performance indicators. The results are published on the Economy Doctor website, under the sections Coastal Fishing and Marine Fishery. The results for all of the fishery sectors are presented in a Fisheries Industry Report published annually by Luke.

Data on profitability is used in the planning of fishery policy

Among other things, data on profitability is used to provide support for and monitor the national fisheries policy, to monitor and develop the common fishery policy (CFP) of the EU, and for economic research. The data is used by fishery entrepreneurs, students, researchers and lobbyists as well as the administration.

EU legislation obliges Finland to gather detailed data on the fishery sector within the country. The EU programme for fisheries data collection seeks to gather biological, economic and statistical data on fisheries, in support of the common fisheries policy. The European Commission uses the data obtained through the fisheries data collection programme for the planning of its fisheries policy and the monitoring of the policy’s impacts.

Photo at the top of the page: Pro Kala ry