Netting Billions 2020: A Global Tuna Valuation

Date of Publication

2020 12:00 AM

Security Theme

IUU Fishing

Keywords

IUU Fishing, tuna, commercial fisheries, value of tuna, global tuna landings, management of tuna fisheries, dock and end value of tuna

Description

Commercial tuna fisheries represent a significant part of the blue economy, with seven species—yellowfin, skipjack, bigeye, albacore, and Atlantic, Pacific, and southern bluefin—among the most valuable fishes on the planet.1 Whether canned or served as high-quality sashimi, tunas are not only a sought-after commodity, but also an important source of protein in countries around the world. And they also play a vital role as predators and prey in tropical and temperate waters while supporting the livelihoods of many artisanal fishers. High demand for tuna products, however, has significantly depleted several populations, making sustainably managing tunas critically important. One way to support better population management is to improve our understanding of tunas’ importance to the global economy and marine ecosystems. Although it is difficult to put a monetary value on the role that tunas play in the marine environment, their benefits to fishers and the fishing industry can be estimated by looking at data on the catch and sale of tuna products around the world

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Jan 1st, 12:00 AM

Netting Billions 2020: A Global Tuna Valuation

Commercial tuna fisheries represent a significant part of the blue economy, with seven species—yellowfin, skipjack, bigeye, albacore, and Atlantic, Pacific, and southern bluefin—among the most valuable fishes on the planet.1 Whether canned or served as high-quality sashimi, tunas are not only a sought-after commodity, but also an important source of protein in countries around the world. And they also play a vital role as predators and prey in tropical and temperate waters while supporting the livelihoods of many artisanal fishers. High demand for tuna products, however, has significantly depleted several populations, making sustainably managing tunas critically important. One way to support better population management is to improve our understanding of tunas’ importance to the global economy and marine ecosystems. Although it is difficult to put a monetary value on the role that tunas play in the marine environment, their benefits to fishers and the fishing industry can be estimated by looking at data on the catch and sale of tuna products around the world