Undocumented Bycatch Revenue Loss from Population Decline
Definition
The UAE National Plan of Action on Sharks (2018) confirms fishermen report noticeable declines in shark catches, abundance, and average sizes in Arabian Gulf waters. This indicates substantial bycatch impact on commercially important species. Unreported/under-reported bycatch accelerates population collapse and reduces licensed fishing yield.
Key Findings
- Financial Impact: Estimated: 5–15% annual revenue loss for shark/pelagic fisheries due to population depletion. For a mid-scale UAE fishing fleet (AED 5M annual turnover): AED 250,000–750,000/year in lost catch value.
- Frequency: Cumulative annual loss (ongoing ecological degradation)
- Root Cause: Inadequate bycatch mitigation; incomplete observer coverage; self-reporting without real-time validation; 'unknown' effectiveness of existing marine protected areas
Why This Matters
This pain point represents a significant opportunity for B2B solutions targeting Fisheries.
Affected Stakeholders
Fleet Owners, Fishing Vessel Operators, Fisheries Ministry (MOCCAE), Export/Trading Companies
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Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Non-Compliance Bycatch Reporting Fines
Manual Bycatch Monitoring & Observer Coverage Costs
Lack of Bycatch Data Visibility Hindering Resource Allocation
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