Tendency in fishing development and fish consumption in Serbia

Abstract

Production and catch of fish in Serbia increases from year to year, while in the world it reached its peak at the beginning of this century. Serbia has all the favorable natural and economic conditions for further development of fishing. Out of total production, that is, annual fish catch in Serbia, the greatest part is sold by organized purchase, lower part is exported, and the reminder goes to the market through retail. It is well known that food consumption, therefore fish consumption, depends on several factors such as the production level, retail price, consumers purchasing power and their eating habits. Therefore, when analyzing the tendency of production and consumption of fish in Serbia, it is important to investigate the influence of production, price and purchasing power of consumers on it. In order to investigate the set objective, there were used corresponding quantitative data obtained by Statistical Office of the Republic of Serbia. On the basis of the original data, there were determined certain parameters, which were used as variables for calculation of correlational-regressive and maginal analysis for determining the elasticity of demand and consummation of fish per capita in Serbia. Production and catch of fish in Serbia tended to increase during the observed period, with annual growth rate of 17.4%. Beside the fact that annual growth rate is 4.8%, fish consumption per capita in Serbia is still quite small (X=4.89kg), what is a consequence of population habit to consume predominantly meat. In our study we have found out that fish consumption in Serbia mostly depend on fish production per capita (rxy=0.6364), as well as on groos (rxy=0.6045) and net (rxy=0.5969) earnings. Also, it is determined that consumption elasticity has the highest growth in regard to fish production per capita.