Over MAD 3 billion of fisheries production in Morocco in 2004
Morocco, Economics, 3/5/2005
Morocco's production of inshore and artisanal Fisheries reached 845,757 tons, valued at MAD 3.015 billion (MAD 1 = Euro 0.1) in 2004, i.e., a 2% increase in value and a 0.4% decrease in volume in comparison to 2003, said the Moroccan office of fisheries (ONP).
53% of this production was destined to consumption and canned fish, marine oil and fish meal comprised 42% while the rest went to freezing, said the same source.
Morocco's average production of fish per annum during the last five years reached 870,000 tons, said ONP, while in the period 1994-1999 this production only achieved 626,000 tons.
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