1 EAFE - Conference 18 - 20 April 2001 Salerno, Italy Model-based analysis Model-based analysis of the of the profitability profitability of herring fishery of herring fishery Herring – An Herring – An alternative to alternative to decreasing Baltic decreasing Baltic cod quotas ? cod quotas ? Rainer Klepper Rainer Klepper Rolf Lasch Rolf Lasch Institute of Marketanalysis and Institute of Marketanalysis and Agricultural Trade Policy Agricultural Trade Policy Braunschweig, Germany Braunschweig, Germany
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1 EAFE - Conference 18 - 20 April 2001 Salerno, Italy Model-based analysis of the profitability of herring fishery Herring – An alternative to decreasing.
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1 EAFE - Conference 18 - 20 April 2001
Salerno, Italy
Model-based analysisModel-based analysis of the profitability of the profitability of herring fisheryof herring fishery
Herring – An Herring – An
alternative to alternative to
decreasing Baltic decreasing Baltic
cod quotas ?cod quotas ?
Rainer KlepperRainer KlepperRolf LaschRolf Lasch
Institute of Marketanalysis and Institute of Marketanalysis and Agricultural Trade PolicyAgricultural Trade Policy
Braunschweig, GermanyBraunschweig, Germany
2 EAFE - Conference 18 - 20 April 2001
Salerno, Italy
(1)(1) BackroundBackround
(2)(2) 1996 – 2001 1996 – 2001
CostsCosts
EarningsEarnings
InputsInputs
(3)(3) Model AssumptionsModel Assumptions
(4)(4) ResultsResults
COD – HERCOD – HER
COD-TAC ReductionCOD-TAC Reduction
(5)(5) ConclusionConclusion
ContentContent
4 EAFE - Conference 18 - 20 April 2001
Salerno, Italy
(1)(1) BackroundBackround
FAIR – ProjectFAIR – Project
TAC (COD) TAC (COD)
HER < 15%HER < 15%
Market/ProcessingMarket/Processing
(2)(2) 1996 – 2001 1996 – 2001
(3)(3) Model AssumptionsModel Assumptions
(4)(4) ResultsResults
(5)(5) ConclusionConclusion
5 EAFE - Conference 18 - 20 April 2001
Salerno, Italy
(1)(1) BackroundBackround
(2)(2) 1996 – 20011996 – 2001
CostsCosts
EarningsEarnings
InputsInputs
(3)(3) Model AssumptionsModel Assumptions
(4)(4) ResultsResults
COD – HERCOD – HER
COD-TAC ReductionCOD-TAC Reduction
(5)(5) ConclusionConclusion
6 EAFE - Conference 18 - 20 April 2001
Salerno, Italy
Cost Items relative to Returns, 1996 - 2000Cost Items relative to Returns, 1996 - 2000
27
73
100
24
76
100
0 25 50 75 100
"gross margin"
Total costs
Returns
19962000
7 EAFE - Conference 18 - 20 April 2001
Salerno, Italy
Cost Items relative to Returns, 1996 - 2000Cost Items relative to Returns, 1996 - 2000
27
73
100
24
76
100
0 25 50 75 100
"gross margin"
Total costs
Returns
19962000
8 EAFE - Conference 18 - 20 April 2001
Salerno, Italy
Cost Items relative to Returns, 1996 - 2000Cost Items relative to Returns, 1996 - 2000
3
1
1
2
3
8
11
9
36
27
73
100
5
0
1
2
3
6
8
20
35
24
76
100
0
2
0 25 50 75 100
Others
Travel
Provision
Ice & Conserv.
Insurance (fix)
Nets & Gears
Maint. & Repairs
Fuel & Lub.oil
Marketing
Wages & Soc.Ins.
"gross margin"
Total costs
Returns
19962000
9 EAFE - Conference 18 - 20 April 2001
Salerno, Italy
Cost Items relative to Returns, 1996 - 2000Cost Items relative to Returns, 1996 - 2000
– TAC : 212 t CODTAC : 212 t COD, HER free, HER free / / 26.5 m 26.5 m Vessel Vessel – seadays : 258 (incl. charging and recharging)seadays : 258 (incl. charging and recharging)– max. days /trip : 6 for COD, 2 for HERmax. days /trip : 6 for COD, 2 for HER– market supply (one trip/month, except JUL)market supply (one trip/month, except JUL)– basic unit (kg, DM, hour, tripsbasic unit (kg, DM, hour, trips, month, month))