Value of fish and crayfish

ECONOMIC VALUE

Baltic Sea

The nominal value of the professional fish catch has increased during the past decade. In 2016 the value was 40 million euros. The nominal value varies annually along with fish catches and market prices but during 1980s and 1990s the value fluctuated quite moderately. In the mid-2000s the nominal value fell under 20 million euros and has increased steeply since then.

The most important fish species for professional Finnish fishers in the Baltic Sea is the Baltic herring. The nominal value of the Baltic herring catch covers approximately more than half of the total nominal value of the fish catch. In the 1980s Atlantic salmon was economically the second most important species but its significance has declined because of intensive fishing and environmental changes in the Baltic Sea and in the spawning rivers.

Other important species for fishers are sprat, cod, powan and pikeperch. The nominal value of the powan and cod catches have been on average quite stable since the beginning of the 1980s and the catches of pikeperch and sprat have increased mid-1990s onwards. The share of the nominal value of other fish catch varies from 5% to 12% annually.

 

Inland waters

The nominal value of the fish catch in inland waters was 10.9 million euros in 2014. Most of the value originates from vendance, in 1998–2010 its’ catch covered 65–73% of the annual nominal value of the total catch in inland waters. Other important fish species for professional fishers are powan, pikeperch and perch. Their share of the value of the total fish catch has been 17–24%. The nominal value of the pike-perch has increased heavily in the 2000s. Other fish catch covers about 10% of the total nominal value. This group consists of pike, Atlantic salmon, trout, smelt, bream, roach and burbot amongst other species.

 

 

SOCIAL VALUE

The number of professional fishers has decreased substantially in the last decade. The decline is evident both among the fishers in the Baltic Sea and inland waters. Part-time professional fishing has increased in the Baltic Sea.

 

HEALTH VALUE

Health value of fish and crayfish arises from fish and crayfish as food products and from fishing activities, mainly recreational fishing. Fish and crayfish contain beneficial fatty acids, vitamins, minerals and protein. Fish in regular diet has been studied to decrease the risk of cardiovascular disease. There are some fish species that have been assessed unhealthy in frequent use. These are Baltic herring, salmon and trout in Baltic Sea, and pike in inland waters.

Recreational fishing brings about positive health impacts through exercise and spending time outdoors.

INTRINSIC VALUE

Intrinsic value of fish and crayfish arises from the possibility to fish professionally and recreationally. Fishing is a part of Finnish traditional livelihood and fish play an important role in the traditional cooking. Sufficient fish populations and their sustainable management are the key to maintain this value.

 

Kalan syöntisuositukset. Elintarviketurvallisuusvirasto Evira / Finnish Food Safety Authority Evira. [In Finnish]

Commercial marine fishery. Natural Resources Institute Finland.

Commercial inland fishery. Natural Resources Institute Finland.

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