WV’s fish production drops 3.9% in Q3

Data by the Philippine Statistics Authority in Region 6 showed that the total production and value of fisheries decreased in the third quarter of 2023 compared to the same period in 2022. The photo above was taken at Iloilo Central Market in Iloilo City. AJ PALCULLO/PN
Data by the Philippine Statistics Authority in Region 6 showed that the total production and value of fisheries decreased in the third quarter of 2023 compared to the same period in 2022. The photo above was taken at Iloilo Central Market in Iloilo City. AJ PALCULLO/PN

ILOILO City – The total fisheries production of Western Visayas in the third quarter of 2023 was 87,661 metric tons (MT).

This is 3.9 percent, or about 3,554 MT, less than the same quarter in 2022, data from the Philippine Statistics Authority (PSA) in Region 6 released on Dec. 11 showed.

The decrease was attributed to the commercial and municipal fisheries sectors with -9.4 percent and -9.6 percent, respectively. On the other hand, aquaculture fisheries increased by 1.5 percent.

Of the region’s total fisheries production, aquaculture fisheries shared 54.1 percent. Municipal fisheries, which include marine and inland subsectors, contributed 23.4 percent, while commercial fisheries contributed 22.5 percent.

Meanwhile, the total fisheries value of production in this year’s third quarter is P9.28 billion. This is 7.6 percent, or about P767 million, lower compared to the P10.05 billion value of production in 2022.

Particularly, commercial and aquaculture fisheries decreased in value of production by -12.4 and -10.7, respectively, due to lower prices.

Aquaculture fisheries had the largest share among subsectors in the region’s fisheries value of production at 37.8 percent, followed by municipal fisheries (34.5 percent) and commercial fisheries (27.7 percent). (With a report from the Philippine Statistics Authority 6)/PN

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