Swot Analysis Of Fishing Industry

4.SWOT Analysis of fishing industry

4.1 SWOT Analysis of fishing industry Maldives

Strength

 The island nation of the Maldives is blessed with abundant natural resources, which form the basis of the economic growth of the country. Almost all of the natural resources are In form of multicoloured coral reefs, tropical ocean fish of every colour and shape, crustaceans, turtles, seaweed and shells.

 The importance of the fisheries sector In livelihoods of the rural communities in other parts of the country has remained vital in terms of trade, employment and self-sustenance.

 The fishing industry is the second largest contributor of GDP after tourism In Maldivian economy. the fishery industry contributed about 15% of the country’s GDP.

 In

Bombayduck, pomfret,seerflsh, croakers, shark, Coilia, catfish, shrimpscmdribbonflsh are prominent marine fish resources.

 About 22,600 fishing boats are associated with marine fisheries sector along Gujarat coast of this, 25 %, are trawlers, 14 %, gillnetters, 20 % crafts, 3 % other mechanised and 38% non-mechanised crafts. Medium and smalltrawlers fish withIn 80 m depth contour.

 With the increasing number of trawlers theircontributionin total fish production has alsoincreased during the recent years. The contributionof all powered boats touched 96 % level oftotal marine fish production, the contribution oftrawlers rose to 65 % during 2007-2010.

 Several important species in terms of quantity and quality are available in Gujarat waters. Trawl landings comprise mainly of demersal and column species. In terms of quantity, shrimps,croakers and ribbon fishes are important.

 Though the vast majority of population in Gujarat is vegetarian, per capita consumption of fish has dramatically increased from 4.53 kg in 1990-01 to 21.58 kg in 2011-12. Fisheries growth has, thus, helped in improving the per capita availability of protein rich

 Fish stock in Gujarat’s territorial deep-sea waters also remain untapped qwing to the dearth of suitable fishing port.

 Low value addition and fish processing. There are no organised and coherrent effort In country to formulate and implement policies for the processed fish/fishery product for domestic market.

 Opportunities:

 The first thing it did was to take exact account of the potential stock of marine fish that was available for fishing. We avoid here discussion of the technical aspects of the stock assessment exercises carried out by various agencies but present the estimates of fish-stocks prepared for Gujarat that were officially accepted by the state.

 In case of aqua-culture, scope exists for bringing more fish species with a focus on food fish, ornamental species and those with potentials for sport and tourism.

 Growing demand for domestic fresh water fish.

 Fish produstion can be enhanced in rain fed water bodies by 2 to 4 times.

 Domestic demand for the fish and processed fish is increasing very rapidly.

 An uninterrupted cold chain is important in preserving fish for longer period and avoid losses and spoilage.

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