December 30, 2020 — More than 58 million sockeye salmon returned to Bristol Bay this summer. It’s another in a series of enormous runs for the fishery. The commercial harvest was just as impressive. Bristol Bay’s fleet hauled in 39.5 million fish, the fifth-largest harvest on record.
But while the Bay’s run exceeded 50 million fish for the sixth year in a row — 46% above the 20-year average — many other parts of the state were far below their forecasts.
“When you take Bristol Bay out of the picture and look at sockeye harvests in Alaska, the non-Bristol Bay sockeye harvests this year were the lowest on record since 1976,” said Dan Leash, an economist with the McDowell Group.
Across all species, the value of the state’s commercial salmon season dropped more than 50% from last year — 56% below last year. The 2020 season was valued at $295.2 million, while last year was valued at $673.4 million. Harvests were also down by 44%.
“Sometimes when you have a low harvest year, the prices will rise. But that didn’t happen this year,” Leash said. “It was sort of a death by a thousand cuts in terms of the impact of the seafood on the harvesters this year.”