Key findings: Report-13-00-00 - Ocean (marine) fisheries and related services industry, 2020

The total income in the ocean (marine) fisheries and related services industry in 2020 was R16,0 billion. The figure represents a percentage decrease of 9,1% over the total income reported in 2019 (R17,5 billion).

 

There was a decrease of 34,3% in net profit before tax from R2,5 billion in 2019 to R1,7 billion in 2020. Capital expenditure also shows a percentage decrease of 29,9% from R0,9 billion in 2019 to R0,6 billion in 2020.

 

The number of persons employed in the ocean (marine) fisheries and related services industry in 2020 was 15 013. This represents a decrease of 798 (or 5,0%) compared with 2019. The largest type of employment was ‘permanent and working proprietors (paid and non-paid)’ with 10 705 employees (or 71,3%). The average salaries and wages in the ocean (marine) fisheries and related services industry in 2020 was R190 696, which was 5,9% higher than the average in 2019 (R180 103).