The Value of Billfish Resources to Both Commercial And Recreational Sectors in The Caribbean
The study carried out a comparison of the value estimated both in recreational and commercial fisheries for billfish in the Caribbean. The recreational value was found to be much higher than the value in the commercial sector but total estimates should be treated with caution due to the uncertainty of the raw data available. Enough value exists in recreational sector to compensate losses in commercial sector. Billfish commercial fishery responsible for much less than one percent of total Caribbean seafood value (between 0.36 percent and 0.84 percent). Most recreationally caught billfish released with high survival. In general, there is a need for better data regarding landings, effort, supply chain in both sectors.