The national licensed fleet in 2024 (3,614 fishing vessels, 114 less than in 2023) represented, relatively to the registered fleet, 53.1% in total number of vessels (54.4% in 2023), 87.7% in capacity (GT) (+2 p.p. vis a vis 2023) and 81.9% (81.8% in 2023) in power engine.
In 2024 there were 85 vessels which left the fleet, less 89.2% vis-a-vis 2023, since that year there was an administrative withdrawal of a large number of vessels, who had not worked for more than 30 years.
In 2024 total catches of the Portuguese fleet led to 165,747 tonnes, a decrease of 3.2% of the national fishery production.
Fresh and chilled fishery caught in 2024 represented 337,666 thousand Euros, reflecting a drop of 0.6% relative to the year 2023.
On the other hand, the annual price of fish landed at national level raised by 5.9% in 2024, from 2.47 €/kg in 2023 to 2.62 €/kg.
In 2024, the trade deficit of the fishery activity widened by 67.3 million euros to 1.272.5 million euros. A smaller increase in exports than in imports of this type of product contributed to this result, slightly increasing the coverage rate to 53.3 % (+0.1 p.p. compared to 2023).
Fishery operational program Mar2020 showed, at the end of 2024, an execution rate of 103% of the EMFF allocation, and it is considered fully executed.
Fishing quota for Portugal in 2024 increased by 9%, when compared with the previous year, with a total of 218 thousand tonnes. Of the relevant species subject to catch limitations in 2024, the most significant increases occurred in the quotas for european anchovy, blue shark and cod in the traditional NAFO 3M fishing area.
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