bcmaff seafood development bc ministry of agriculture, food & fisheries british columbia’s...

BCMAFF Seafood Development

BC Ministry of Agriculture, Food & Fisheries

BRITISH COLUMBIA’S SEAFOOD INDUSTRY 2002

AND INIDCATORS FOR 2003 & 2004

January 2004


Preamble

• The information for this presentation was derived from four sources:– MAFF publication “The 2002 British Columbia

Seafood Industry Year in Review”;– Statistics Canada export data to September 2003; – MAFF publication “BC Canned Salmon Pack

Bulletin – 2003”; and– DFO Fisheries Management Plans for projections

into 2004


2002 v 2001

2002 Harvest (‘000 tonnes)

Landed Value ($millions)

Wholesale Value ($millions)

Exports ($millions)

Aquaculture (+22%) 94 (+5%) 305 (+11%) 389

Commercial Fisheries (+7%) 194 (--) 364 (+9%) 759

Total BC (+12%) 288 (+2%) 668 (+10%) 1,148 (+6%) 1,030

2001 Harvest (‘000 tonnes)

Landed Value ($millions)

Wholesale Value ($millions)

Exports ($millions)

Aquaculture 77 289 349

Commercial Fisheries 181 364 695

Total BC 258 653 1,044 975


2002 HIGHLIGHTS

• The total wholesale value of all processed seafood products rose 10% to $1.148 billion

• Top commodities/species for 2002 with wholesale value exceeding $50 million (m):

• Atlantic Salmon -- $ 32 m• Roe Herring --$114 m• Sockeye -- $103 m

• Halibut -- $60 m• Crabs -- $51 m• Geoducks -- $51 m


2002 Highlights

• Imports of US sockeye for canning increased from 770 tonnes in 2001 to 2,000 tonnes in 2002

• Wild salmon harvest up 45% to 33,000 tonnes

• Wild salmon harvest shares for 2002 were: chum 37%, sockeye 30%, pink 26%, chinook 5% and coho 2%

• Farmed salmon harvest up 26% to 85,400 tonnes


BC Seafood Wholesale Value (1991-2002)


Exports of BC Fish and Seafood Products1988 - 2003

0

200

400

600

800

1000

1200

1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003E

($millions)


BC v Canada Seafood Exports1993 - 2003

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003E

Year

Value of Fish Exports ($millions)

0

5

10

15

20

25

30

35

BC Share of Total Canada (%)

BC Share of Canada (%)

BC Exports ($ millions)

Canada Exports ($millions)


OUTLOOK 2003

Based on 2003 export data to end of September indications are:

• Overall BC total shipments are projected to increase 7% and export value to reach $1.047 billion

• Export prices for all wild and farmed salmon species will be up in 2003


Outlook 2003

• Wild salmon shipment volumes similar to 2002

• Volume of shipments of Atlantic salmon down 15%

• Herring volumes and values similar to 2002

• Halibut shipments down, while prices are up ($11.45/kg v. $6.77/kg for the same period in 2002)


Outlook 2003

• Crab shipments up and export value is projected to increase 30% from $30 million to $42 million

• Shrimp/prawn shipments up and export value is projected to almost double to $41 million from $21 million last year

• Geoduck shipments up and export value is projected to increase from $ 33 million to $40 million


BC Seafood Industry Outlook 2003

Harvest Landed Value Wholesale Value

Wild Salmon

Farmed Salmon

Herring

Halibut

Groundfish

Wild Shellfish

Farmed Shellfish

Other Species

Total BC


2003 EXPORT MARKETS

• Top 5 markets US, Japan, Hong Kong,PR China and UK

• Exports to US & Japan down slightly (3%)

• Exports to Hong Kong up 18%, to PR China up 19%, and to UK up 37%

• Growing markets in Taiwan, Korea, Thailand, Germany, France, Spain and New Zealand.


The Look Ahead to 2004

Harvest Landed Value Wholesale Value

Wild Salmon

Farmed Salmon

Herring

Halibut

Groundfish

Wild Shellfish

Farmed Shellfish

Other Species

Total BC

bcmaff seafood development bc ministry of agriculture, food & fisheries british columbia’s...

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