Tuesday, December 24, 2024
spot_img
HomeBiz NewsFisheries output drops 5% in Q3

Fisheries output drops 5% in Q3



FISHERIES production fell 5.1% year on year in the third quarter, with declines reported across all segments of the industry, according to the Philippine Statistics Authority (PSA).

In its quarterly fisheries report, the PSA said production declined to 965,751 metric tons (MT) during the period.

“Decreases in production were noted in all subsectors, namely, commercial, marine municipal fisheries, inland municipal fisheries, and aquaculture,” the PSA added.

It added aquaculture output fell 2.8% to 512,472 MT. The segment accounted for 53.1% of fisheries production.

Commercial fisheries production declined 8.4% year on year to 210,854 MT. It accounted for 21.8% of overall fisheries output.

Marine municipal fisheries, which accounted for 20.3% of overall output, declined 5.4% to 196,125 MT.

Inland municipal fisheries production declined 12.2% to 46,263 MT. Its output was equivalent to 4.8% of overall fisheries production.

The PSA added that of the 21 major fish species, round scad (sound) production fell 17.2%, big-eyed scad (fight) output fell 23.0%, milkfish (bangus) output fell 6.9%, seaweed declined 1.5%, and yellowfin tuna (Tambakol) fell 18.6%.

Output grew for skipjack (18.9%), P. Vannamei shrimp (19.4%), bigeye tuna (40.1%), blue crab (9.5%), and threadfin bream (7.2%). — Adrian H. Alternate

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Advertise Here

Most Popular

Recent Comments