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South Atlantic Natural Capital Project: Argentine Shortfin Squid Value Chain Analysis for the Falkland Islands 2019

Marine Overseas Territories Biodiversity Capital Economics Ecosystem Ecosystem services Environmental management Fisheries

Abstract

The aim of this study was to investigate the potential economic and financial benefits to the Falkland Islands of greater business engagement in the Illex (Illex argentinus) fishery and associated value chains. The Illex squid fishery is, by volume and value, the largest in the Falkland Islands.

The study provides data, analysis, findings, and recommendations to assist the Falkland Islands in developing strategies for greater engagement in the Illex fishery. The study uses economic and value chain analysis to help understand markets for Illex and related squid products. Despite challenges, the Illex fishery presents new opportunities for Falkland Island fishing companies. This research investigates the potential economic and financial benefits to the Falkland Islands of greater engagement (e.g. ownership in harvesting operations, sales and marketing ventures) in the Illex fishery and associated value chains.

This study was undertaken as part of a programme of Natural Capital Assessment (NCA) in the UK's South Atlantic Overseas Territories implemented by JNCC and conducted by SAERI. Funded by the Foreign and Commonwealth Office (FCO) of the UK Government through the Conflict, Stability and Security Fund (CSSF), the work sits under the Environmental Resilience programme which includes objectives to integrate natural capital considerations into economic and social development planning.

Resource type Publication

Topic category Environment

Reference date 2019·03·01

Citation
Harte, M., Borberg, J. & Sylvia, G. 2018. Argentine shortfin squid (Illex argentines) value chain analysis with an emphasis on the Falkland Islands. Natural Capital in the UK’s Overseas Territories Report Series – Supplementary Report (South Atlantic Region).  Contracted report to JNCC.

Lineage
Contracted report to JNCC as part of the 'Natural Capital in the Caribbean and South Atlantic Overseas Territories: Valuation, Vulnerability and Monitoring Change' project.

Responsible organisation
Communications, JNCC distributor

Limitations on public access No limitations

Use constraints Open, cite source of data

Metadata date 2020·09·09

Metadata point of contact
Communications, JNCC

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