The Impact of Blue Swimming Crab Fishery Management
Vivid Economics was commissioned by WWF US to assess the effect of volatility in the supply of the Blue Swimming Crab in Southeast Asia on the profitability of the buyers importing the product in the US. For this analysis, Vivid applied its in-house industrial markets model to the Blue Swimming Crab import industry in the US. The results were then tested and refined through interviews with several members of the Crab Council in the US, as well as other actors in the supply chain. The work is being used to incentivise private sector to act by presenting the market value of investing in the improvement of fishery management, as well as demonstrating the positive financial impacts of sourcing from sustainably managed resources.
Date: April 2019