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The European Blue Economy Report is a compass to help decision-makers and stakeholders navigate the waters of Europe’s blue economy.
The 2023 edition of the report focuses on the evolution of the blue economy sector since 2010. Despite the negative impact of the COVID-19 pandemic and Russia’s gratuitous invasion of Ukraine, the report Most of the sectors analyzed improved their economic performance.
For example, between 2010 and 2020, gross value added, a key economic indicator, increased significantly in the following areas:
- Life Resources: + 25%;
- Port activity: + 25%;
- Offshore wind energy: + 1762%;
- Shipbuilding and Repair: +22%.
And that’s not all – what the Blue Economy offers new job opportunities. The number of employees in the sectors analyzed has increased, with its peak being the offshore wind energy sector, whose employment rate has increased 20-fold in just 10 years.
Report overview
as a whole, established sector The EU Blue Economy (biological and abiotic marine resources, marine renewable energy, port activities, shipbuilding and repair, maritime transport, coastal tourism) generated €129 billion in gross value added (GVA) in 2020 . Profit of 43.6 billion euros, total sales of 523 billion euros.
Between emerging sector, The algae sector is one of the most dynamic Blue biotechnology subsector. According to available socio-economic estimates, algae production in Europe generates annual turnover of well over €10 million in the Member States with the most production facilities, France, Spain and Portugal.
The 2023 edition includes a chapter on the energy transition in the blue economy, along with findings on existing and emerging sectors. This section follows the report of the Commission on the Energy Transition of the EU Fisheries and Aquaculture Sectors. We launch a series of analyzes on this topic in support of the EU’s Energy Transition Partnership on Fisheries and Aquaculture. The partnership officially launched on his June 16th, and registration is now open.
of dedicated section Climate change and coastal impacts Newly added to this year’s edition. Climate change can have significant impacts on coastal areas through sea-level rise, changes in storm frequency and intensity, and coastal flooding and erosion. The European Commission’s Collaborative Research Center has developed an integrated risk assessment tool, LISCoAsT (Large Integrated Sea and Coastal Assessment Tool), to assess impacts on EU coasts. This tool assesses the dynamics of coastal flood impacts, adaptation and ecosystem services along the coastlines of EU27 countries. This section of the report highlights the latest findings.
A new and fresh look to give you better information
Finally, the EU Blue Economy Report returns in 2023 with a fresher look. Starting with this issue, the report will be published in the following formats: more concise form. In addition, it will be connected to and integrated with the broader EU Blue Economy Observatory, providing more frequent and dynamic updates of blue economy data.
Background
The EU Blue Economy Report is the flagship annual publication of the Joint Research Center of the Directorate General of Oceans and Fisheries and the European Commission. It provides an in-depth analysis of the scope and scale of the blue economy.
The blue economy includes all economic activities based on or related to oceans, seas and coasts. This includes fisheries, aquaculture, coastal tourism, shipping and ports, marine renewable energy and biotechnology.
For more information
The sixth edition of the EU Blue Economy Report continues our analysis of the scope and size of the blue economy in the European Union in a new format.
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