Government of Jamaica
- Date: January- March 2024
- Category: Statistical
Quarterly Statistics Report Volume 3: Issue 2 July – September 2024
Fishing vessels in Jamaica are a cornerstone of the fishing industry, impacting economic stability, cultural identity, and food security. Balancing traditional practices with modern sustainable fishing techniques is essential for the future viability of Jamaica’s fisheries sector. Continued investment in infrastructure, training, and sustainable practices will help enhance the overall effectiveness and sustainability of the fishing vessel fleet in Jamaica.
Figure 1 indicates a 34% decrease in new vessel licences issued in July 2024/25 compared to July 2023/24 (from 41 to 27). In August 2024/25, there was a 27% decline (from 48 to 35) compared to the previous year. Conversely, September 2024/25 saw a 42% increase in new licences issued, rising from 33 to 47. Overall, Q2 2024/25 experienced a decline compared to Q1 2024/25, but an increase year-over-year when comparing Q2 2024/25 to Q2 2023/24.
In Q2 2024/25, new vessel licenses showed mixed results: April saw a 34% decrease (41 to 27), and August a 27% decline (48 to 35) compared to the previous year. However, September experienced a 42% increase (33 to 47) year-over-year. Overall, Q2 2024/25 declined compared to Q1 2024/25 but increased from Q2 2023/24.
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