The table elucidates the comparison between large-scale and small-scale means of marinal extraction including employment direction, annual profit margin and accompanied cost such as fuel consumption.
Overall, there is a significant efficiency gap between industrial ships and local boats. However, large scale ships extracts are used mainly for industrial purpose.
Notably, while accounting for 12 millions jobs created worldwide, small scale local business mostly employs the unskilled, leading to the local industry being vastly occupied by low-paying labor, estimated to bear approximately $250 to $2500 capital cost per person. By contrast, large scale extraction requires higher skilled workers to operate their machinery, resulting in the business accounting for only 5% that of smaller scale industry and bearing higher cost per capita, estimated to range from $30000 to $300000. Even though, having a one-tenth the number of jobs, large scale extraction ships capital costs and fuel consumption are over tenfold that of local smaller scale boats while the catch is only around 5 millions tonnes different.
In spite of the higher cost, majority of the catch from large scale ships is directed to industrial processing, estimated to be 70% of the total extraction while none of the local business is used for industrial product.
