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FISH FACTOR: Seafood values stable, new crab surveys and a fish promotion

May 17, 2017 — The U.S. seafood industry’s contribution to the nation’s economy sank a bit, while Alaska’s output increased slightly and dollar values held steady.

An eagerly anticipated annual report released May 9 by NOAA Fisheries measures the economic impacts of U.S. commercial and recreational fisheries.

It highlights values, jobs, and sales for 2015, along with a 10-year snapshot of comparisons. A second report provides the status of U.S. fish stocks for 2016.

The Fisheries Economics Report shows that including imports, U.S. commercial fishing and the seafood industry generated $144 billion in sales in 2015, a six percent decline from the previous year, and supported 1.2 million jobs, a 15 percent decline.

“However, it’s important to consider these figures are still above the five-year average. In fact, 2015 represents the second-highest level during that period,” Alan Risenhoover, Acting Deputy Assistant Administrator for Regulatory Programs said at a May 9 press teleconference.

For Alaska, commercial fishermen landed more than 6 billion pounds of fish and shellfish in 2015, a 6 percent increase from 2014, while the value of the catch held steady at $1.7 billion.

Fishing and processing in Alaska generated $4.4 billion in sales in 2015 and 53,400 jobs, of which 38,000 were fishermen.

Other highlights:

Pollock accounted for 54 percent of the total Alaska harvest volume.

Alaska crab values totaled $284 million, the highest level since 1999. Halibut received the highest dock price at $4.85 per pound in 2015; herring fetched the lowest price, averaging just one penny a pound.

Alaska pollock ($509 million), salmon ($413 million), and crab ($284 million) dominated landings revenue.

Read the full story at the Alaska Journal of Commerce

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