Value chain analysis of major fishery products in Alabat Island, Philippines for the blue economy-based model of small island systems

Marine products, including finfishes, have been stable food sources of Filipino households, thus, the Philippine fishery industry, including capture and mariculture activities, play a major role in the country's economic stability. However, under the current Philippine governance framework, existing land-based perspectives build gaps in the actual imperatives of coastal-based economy. Clearly, there is a need to consider alternative approaches in formulating policies that effectively integrate the concept of the blue economy. This can be done by analyzing the value chain of the major fish products for the basis of blue economy framework applicable to a small-island systems. Both primary and secondary data from surveys, interviews, and municipal documents were gathered to determine the socio-economic profile, fish catch estimates, value-chain activities, climate variability, and issues in the fishing industry across the whole island. The socio-economic analysis involved household information, fishing activities and costs, investment data, and infrastructure connected to the fishing business. Estimates of fish catch were limited to major species caught and their quantities, as well as prevailing selling prices. The distribution channel focused on buyers' locations, modes and frequency of purchase, and payment methods. Lastly, value-adding was interpreted from total costs, fish volume processed, selling prices, and access to post-harvest equipment. The value-addition analysis highlights the contributions of municipal fisherfolks and wholesalers to the final price of fishery products. Municipal fishers were found to add PhP59.34 per kg of finfish costs, overall, primarily driven by significant quantities of round scads (galunggong). Similarly, wholesalers contributed PhP11.61 per kg, with also round scads as the major contributor. Lastly, retailers contributed about PhP6.78 per kg of finfish handled. These findings underscore the critical role of each sector in the value chain and the necessity for policy adjustments that support the blue economy and the unique dynamics of small island settings. Conservation and management challenges in Alabat Island include inadequate enforcement of environmental laws, necessitating stronger regulatory measures. Capacity building for coastal resource managers, updating land use plans, addressing illegal fishing, and pollution-related issues are crucial for sustainable resource management. Investment in market infrastructure and value-adding activities is vital for enhancing seafood quality and income for fishing communities. Collaborative efforts are essential to address these environmental challenges effectively and ensure the long-term health of Alabat Island's coastal ecosystem.