Coronavirus Crisis and Its Effects on the Fishery Value Chain

Abstract

the fishery and aquaculture sector has been particularly hard hit by the market disruption generated by a significant drop in demand, ensuing from the COVID-19 outbreak. The closure of sales venues, markets, outlets, and distribution channels has seen prices and volumes drop substantially. The drop in demand and prices, combined with the supply chain’s vulnerability and complexity, has made fishing fleets and seafood production loss-making operations.