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A Study on Measures for Stable Supply and Demand of Major Fishery Products
Report No. 2015-06 Research Manager Gyeong Hee, Im
File

Research Member : Myeong Hwa, Jung /  Yoon Suk, Lee / Sang Gun, Lee


Summary


○ Although the production of fishing industry has become stagnant in Korea and overseas, the supply of fishery products has rising thanks to the technological development of aquaculture. However, the sustainable supply of fishery products is expected to be difficult due to the limitation of right fishing places.

○ As the consumption on fishery products is expected to rise in the future, it is necessary to come up with measures for stable management of supply and demand of fishery products.

- Looking at Korea’s major fisheries products, the self-sufficiency rate of fishery products except for seaweed has been on decline since 2000. In other words, the dependency on foreign products is rising.

- Since the demand of fishery products until 2025 is expected to increase slightly compared to that of 2014, it is necessary to come up with effective measures.

○ The study reviewed stabilization measures of supply and demand of agriculture and fisheries industry in Korea and overseas, and found a good reference case that the strengthened role of private sector along with the government contributed to the stabilization of supply and demand.

- The EU conducted various government-driven measures for stabilizing the supply and demand, but it caused many side effects such as increasing fiscal burden and deteriorating business capacity of farm or fishery households. Therefore, the EU has implemented a producer oriented supply and demand management policy since 1996, which has played positive roles in boosting systematic competition and stabilizing supply and demand.

○ Besides the government driven purchase and reserve businesses of fishery products, it suggested enhancing the producers’ capacity to market response and boosting the effectiveness of fishery products’ distribution. It also emphasized the necessity to secure domestic and foreign fisheries resources in case of excess demand as well as effective monitoring system on imported fishery products.

- While maintaining a stance on consumer price stability, it is necessary to conduct a survey on willingness to pay the premium price for local fishery products in the long term, and carry out consumer education.

○ In terms of laws and regulations, it suggested introducing the enforcement decree of the Act on Distribution of Agricultural and Fishery Products’, and organizing an industry-academy consultation body to share information among stakeholders.

Research Project Report 상세보기
A Study on Measures for Stable Supply and Demand of Major Fishery Products
Report No. 2015-06 Research Manager Gyeong Hee, Im
File

Research Member : Myeong Hwa, Jung /  Yoon Suk, Lee / Sang Gun, Lee


Summary


○ Although the production of fishing industry has become stagnant in Korea and overseas, the supply of fishery products has rising thanks to the technological development of aquaculture. However, the sustainable supply of fishery products is expected to be difficult due to the limitation of right fishing places.

○ As the consumption on fishery products is expected to rise in the future, it is necessary to come up with measures for stable management of supply and demand of fishery products.

- Looking at Korea’s major fisheries products, the self-sufficiency rate of fishery products except for seaweed has been on decline since 2000. In other words, the dependency on foreign products is rising.

- Since the demand of fishery products until 2025 is expected to increase slightly compared to that of 2014, it is necessary to come up with effective measures.

○ The study reviewed stabilization measures of supply and demand of agriculture and fisheries industry in Korea and overseas, and found a good reference case that the strengthened role of private sector along with the government contributed to the stabilization of supply and demand.

- The EU conducted various government-driven measures for stabilizing the supply and demand, but it caused many side effects such as increasing fiscal burden and deteriorating business capacity of farm or fishery households. Therefore, the EU has implemented a producer oriented supply and demand management policy since 1996, which has played positive roles in boosting systematic competition and stabilizing supply and demand.

○ Besides the government driven purchase and reserve businesses of fishery products, it suggested enhancing the producers’ capacity to market response and boosting the effectiveness of fishery products’ distribution. It also emphasized the necessity to secure domestic and foreign fisheries resources in case of excess demand as well as effective monitoring system on imported fishery products.

- While maintaining a stance on consumer price stability, it is necessary to conduct a survey on willingness to pay the premium price for local fishery products in the long term, and carry out consumer education.

○ In terms of laws and regulations, it suggested introducing the enforcement decree of the Act on Distribution of Agricultural and Fishery Products’, and organizing an industry-academy consultation body to share information among stakeholders.

이전글, 다음글 읽기
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다음글 A study on International Regulatory Changes and Countermeasures in Fisheries Sector