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FISHERIES
Fisheries, a agriculture subsector, plays an important role in the country’s economy and food segment. During FY 2020, fisheries contributed 0.4 percent to the national GDP. During FY 2020 (JulyMarch), total production (both marine and inland) was approx. 701,726 metric tonnes. 68% of total production was from marine waters and the remaining from inland waters. Production has been increased by 9.7% from FY 2019. During FY 2020 (July-March), 133,226 metric tonnes of fish and fishery products were exported at a value of USD 317.307 million (Rs. 49,528 million). Pakistan exports fish to over 50 countries; major export destinations include China, Thailand, Malaysia, the Middle East, Sri Lanka, and Japan. Pakistan declared 2020 as the year of Blue Economy. This new emerging concept includes many activities including fisheries, maritime transport, and tourism. Potential investment areas highlighted, agreed and covered in the sector profile include:
• Fish preservation and storage
• Fish Products
Fish Preservation and Storage
Fish preservation and storage covers the basic processing of the fish with the objective to preserve and store the fish in good condition for consumption at a later stage by applying various techniques. Fish are highly perishable, and they start to spoil as soon as they land due to various enzymes, bacteria, and fat oxidation. Preservation techniques should be applied right after the catch and continue along the value chain.
In Pakistan, fish preservation plants are not sufficient in terms of capacity as well as most of them do not comply with the Hazard Analysis Critical Control Point (HACCP) quality standard which is an important requirement for export. It is estimated that around 90% of the fish caught from Balochistan is transported to Karachi for processing before it is exported to international destinations.
Fish Products
Fish products cover the processing of the fish with the objective of making other value-added or ready-to-eat products from fish. Fisheries play a significant role in providing food, nutrition, and employment.
Globally, there is a rise in total food fish consumption from 1990 to 2018 of 122% supplemented with the shift towards consuming ready-to-eat or processed meals making fish products an important food category. Over 90% of the quantity of trade of fish and fish products is occupied by processed products with the highest share of frozen products. Processing of fish into various products may also help to decrease post-harvest losses by converting the fish into various products. The most common fish products are fish fillet frozen, fish mince, surimi, coated fish products such as fish finger, fish cutlets, fish balls, coated fish filets, and by-products such as fish meal and fish oil.
TYPES OF FISHES FOUND IN BALOCHISTAN
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