by MrBill » Tue 13 May 2008, 11:09:31
$this->bbcode_second_pass_quote('misterno', 'I') was wondering if fishing industry is using diesel intensively so howcome the fish prices are not going up?
Fresh fish here in Cyprus (an island) is about 50-55 euros per kilo on the plate or slightly less for farmed fish. That works out to approximately $15-16 per pound retail or say $7.5-8 per pound wholesale. As the price adjusts daily it should reflect higher fuel prices immediately.
However, fishing fleets are having to go further afield to catch the same amount of fish (or less), and are harvesting immature (smaller) fish thereby ensuring that fish stocks will diminish in the future. Some predict total collapse of wild fish stocks by 2030.
Therefore, much like the price of gasoline or diesel is not as important as the prospect of physical shortages is to the economy, the cost to harvest fish is not as important as the prospect of physical shortages of wild fish. Some one billion people rely directly or indirectly on wild fish stocks for their livelihood and/or as their primary source of nutrition. The world's population is still growing.
Generous EU subsidies to encourage over-fishing despite higher fuel prices - and lower margins - not only sends the wrong message to commercial fishermen, but ultimately ensures that we will see that collapse in wild fish stocks sooner rather than later. But instead of locally or regionally we can expect those shortages globally.
Fish farming of species that feed-off vegetable matter (biomass) as opposed to other fish (forget salmon) will help solve some of that shortfall, but is by no means a guarantee to help regional dislocations; job losses; local famines; etc. For one fresh fish requires immediate refrigeration and/or preparation/preservation before it can be stored or transported over large distances to consumers. Those consumers have to be able to pay for that fish including the value-added of fuel; labor; transport; refrigeration; etc.
The organized state is a wonderful invention whereby everyone can live at someone else's expense.