Key findings: Report-13-00-00 - Ocean (marine) fisheries and related services industry, 2019

The total income in the ocean (marine) fisheries and related services industry in 2019 was R17,6 billion. The figure represents an annualised percentage increase of 8,1% over the total income reported in 2017 (R15,0 billion). 

There was an annualised increase of 10,3% in net profit from R2,1 billion in 2017 to R2,5 billion in 2019. Capital expenditure increased by an annualised 48,6% from R0,4 billion in 2017 to R0,9 billion in 2019. 

The number of persons employed in the ocean (marine) fisheries and related services industry in 2019 was 16 744. This represents an increase of 57 (or 0,3%) compared with 2017. The largest type of employment was ‘permanent and working proprietors (paid and non-paid)’ with 12 738 employees (or 76,1%). The average salaries and wages in the ocean (marine) fisheries and related services industry in 2019 was R163 461, which was 10,9% higher than the average in 2017 (R147 424).