Published Online:March 2025
Product Name:The IUP Journal of Business Strategy
Product Type:Article
Product Code:IJBS020325
DOI:10.71329/IUPJBS/2025.22.1.21-41
Author Name:Prabal Barua and Sadika Sultana Chowdhury
Availability:YES
Subject/Domain:Management
Download Format:PDF
Pages:21-41
The study evaluates the financial repercussions of Covid-19 pandemic on the fishing industry of Bangladesh's southern coast and investigates the resilience characteristics that stakeholders believed would aid in mitigating pandemic-related risks. Discussions with many specialists in the fisheries sector indicated that fishermen and other supply chain professionals faced numerous obstacles during the lockdown imposed due to Covid-19. The study administered a survey on 319 professionals in the fisheries industry, including fish sellers (Aratdar), wholesalers, retailers, farmers, laborers, ice vendors, transport workers, and customers in the designated area. The survey indicated that fishermen and other stakeholders in the supply chain in the study area faced numerous obstacles as a result of Covid-19. The outbreak exposed the sector’s inherent vulnerabilities and limited capacity for recovery by affecting fish supply and demand, distribution, labor, and production, thereby jeopardizing the welfare of small-scale fishing households. Moreover, aquaculturists faced a scarcity of resources and technical support, in addition to market constraints, shipping challenges, and diminished price. The Covid-19 pandemic exacerbated the challenges for subsistence farmers in selling their catch, necessitating the reconstruction of fish value chains, encompassing connections between farmers and markets, market infrastructure, cold storage facilities, transportation systems, and enhanced market information dissemination.
Bangladesh, which has a land area of 147,570 km2 , is situated in South Asia between 20°342 and 26°382 N latitude and 88°012 to 92°422 E longitude. Due to its widespread interior and brackish, coastal and marine properties, this nation is the largest producer of fish and aquaculture worldwide.