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Stock Assessment and Fishery Evaluation Report for King and Tanner Crab Fisheries of the Bering Sea and Aleutian Islands Regions

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Stock Assessment and Fishery Evaluation Report for King and Tanner Crab Fisheries of the Bering Sea and Aleutian Islands Regions STOCK ASSESSMENT AND FISHERY EVALUATION REPORT FOR THE KING AND TANNER CRAB FISHERIES OF THE GULF OF ALASKA AND BERING SEA/ALEUTIAN ISLANDS AREA: ECONOMIC STATUS OF THE BSAI KING AND TANNER CRAB FISHERIES OFF ALASKA, 2019 by Brian Garber-Yonts, NOAA Fisheries Jean Lee, Alaska Fisheries Information Network. Economic and Social Sciences Research Program Resource Ecology and Fisheries Management Division Alaska Fisheries Science Center National Marine Fisheries Service National Oceanic and Atmospheric Administration 7600 Sand Point Way N.E. Seattle, Washington 98115-6349 January 21, 2020 The authors of the BSAI King and Tanner Crab SAFE Economic Status Report invite users to provide feedback regarding the quality and usefulness of the Report and recommendations for improvement. AFSC's Economic and Social Sciences Research Program staff maintain continuous efforts to revise the SAFE Economic Status Reports for Alaska Groundfish and BSAI Crab to incorporate additional analytical content and synthesis, improve online accessibility of public data in electronic formats, and otherwise improve the utility of the reports to users. We welcome any and all comments and suggestions for improvements to the SAFE Economic Status Reports. Please address comments and suggestions to Brian Garber-Yonts (contact information below). This report will be available at: http://www.afsc.noaa.gov/refm/Socioeconomics/SAFE/default.php Time series of data for the tables presented in this report (in CSV format) are available at: https://reports.psmfc.org/akfin/ For additional information concerning this report contact: Brian Garber-Yonts Resource Ecology and Fisheries Management Division Alaska Fisheries Science Center 7600 Sand Point Way N.E. Seattle, Washington 98115-6349 (206) 526-6301 [email protected] ii Contents Contents iii List of Figures v List of Tables vi Executive Summary 1 Abbreviations 19 1 Introduction 21 1.1 Fishery Overview ...................................... 22 1.1.1 BSAI Crab Rationalization Program ....................... 24 1.2 Data Sources ........................................ 25 1.3 Data Conventions ...................................... 27 1.4 Changes from Previous Editions ............................. 29 2 Economic Status and Trends in BSAI Crab Fisheries 30 2.1 Economic Output ...................................... 30 2.1.1 Annual TAC/GHL, Landings, and Finished Product Volume . 30 2.1.2 Ex-vessel and First Wholesale Prices and Revenue Value of Production . 33 2.2 Income and Employment .................................. 38 2.2.1 Processing Sector Employment and Wages . 38 2.2.2 Harvest Sector Employment and Compensation . 42 2.3 Harvest Sector Operating and Production Costs, and Net Earnings Indices . 44 2.3.1 Harvest Sector Net Earnings Indices ....................... 44 2.4 Quota Holdings, Leasing Activity, and Quota Share Sale Transfers . 48 2.4.1 Harvest Quota Lease Activity and Average Prices . 48 iii 2.4.2 Quota Share Sales and Average Prices ...................... 51 2.4.3 QS/PQS Holding .................................. 56 2.4.4 Concentration of Catch Volume .......................... 58 2.5 Fishing Capacity, Effort, and Efficiency ......................... 59 2.6 International Trade in Crab Commodities ........................ 63 3 Tables Reporting Economic Data for the King and Tanner Crab Fisheries of the Bering Sea and Aleutian Islands Regions 68 iv List of Figures 1 BSAI Crab Ex-vessel and First Wholesale Production, 2014 - 2018 . 3 2 BSAI Crab Ex-vessel and First Wholesale Price, 2014 - 2018 . 4 3 Harvest and Processing Employment and Compensation, Selected Crab Fisheries, 2014 - 2018 ......................................... 6 4 Crab Harvest Quota Lease Market Indicators, Selected Crab Fisheries, 2014 - 2018 . 8 2.1 TACs/GHLs and Management Program Allocations, BSAI Crab Fisheries . 32 2.2 Ex-Vessel and First Wholesale Gross Revenue and Production Volume, by Calendar Year, FMP Crab Fisheries ................................. 34 2.3 Ex-Vessel and First Wholesale Gross Revenue and Production Volume, by Calendar Year and Fishery ...................................... 35 2.4 Ex-Vessel and First Wholesale Prices, Selected Fisheries . 37 2.5 Harvest and Processing Employment and Compensation, Selected Crab Fisheries . 41 2.6 Aggregate Crab Vessel Operating Costs, by Cost Item and Fishery . 45 2.7 Vessel-level mean operating costs and gross revenue residuals, BBR, BSS, and all CR fisheries in aggregate, 2012 through 2018 ......................... 47 2.8 Fleet-level aggregate operating costs and gross revenue residuals, BBR, BSS, and all CR fisheries in aggregate, 2012 through 2018 . 49 2.9 Crab Harvest Quota Lease Market Indicators . 52 2.10 QS and PQS Sales ..................................... 53 2.11 CR Program Harvest and Processing Quota Share Holdings, Initial Allocation, 2015/16, and 2016/2017 Seasons ............................. 54 2.12 BSAI Crab Fishery Fleet Composition .......................... 60 2.13 Harvest Vessel Activity Days, Selected Fisheries . 61 2.14 Crab Vessel Landing Activity and Cumulative Catch, by Quota Share Class and Week of Season: Bristol Bay Red King and Bering Sea Snow Crab . 64 2.15 King and Snow Crab Exports and Imports by Calendar Year . 65 v List of Tables 1 BSAI Crab Harvesting and Processing Sector Output { Production Volume, Gross Revenue, and Average Price ................................ 10 2 CR Program Fisheries Crew and Processing Sector Employment and Earnings . 12 3 Crab Harvest Quota Lease Activity, Volume, Cost, and Average Lease Prices and Rates, CR Program Fisheries ............................... 14 3.1 TACs/GHLs, BSAI Crab Fishery Management Program Allocations and Usage . 68 3.2 BSAI Crab Fishery Participation by Calendar Year ................... 71 3.3 Fleet Composition by Season, CR Program Fisheries . 75 3.4 Ex-Vessel Volume, Gross Revenue Value, and Average Price: Harvesting Sector Total, BSAI Crab Fisheries .................................... 79 3.5 Ex-vessel Price and Share of Fishery-Year Landings by Owner or Leaseholder State of Residence, Catcher Vessels{CR Program Fisheries . 83 3.6 Ex-vessel Price and Share of Fishery-Year Landings by Vessel Length, CR Program Fisheries ........................................... 88 3.7 Ex-vessel Price and Share of Fishery-Year Landings by Quota Type, Catcher Vessels, CR Program Fisheries ................................... 95 3.8 Estimated Finished Production, First Wholesale Value, and Price, CR Program Fisheries. .......................................... 100 3.9 Statewide Crab Production, First Wholesale Value and Pricing for Selected Species . 103 3.10 Statewide Crab Production by Product for Selected Species . 106 3.11 Processing Labor Hours and Pay, CR Program Fisheries . 111 3.12 Processing Sector Employment and Wages for Non-processing Employees, CR Program Fisheries . ... ... ... ... ... ... .. ... ... ... ... ... ... ... 116 3.13 Shoreside and Floating Processor Employee Residence, CR Program Fisheries . 117 3.14 Harvesting Sector Employment, CR Program Fisheries . 118 3.15 Alaska Residency of Participating Licensed Crew Members and Gear Operators, CR Program Fisheries ..................................... 121 3.16 Active CFEC Gear Operator Permit Holders: Count of Permit Holders Reported on Crab Fishery Landings and Share of CR Fishery Ex-vessel Value Landed on Associated Vessels, by State of Residence ........................ 122 vi 3.17 Captain and Crew Share Payments, and Crab-Equivalent Crew Pay, CR Program Fisheries . ... ... ... ... ... ... .. ... ... ... ... ... ... ... 125 3.18 Catcher Vessel Harvest Revenue Net and Gross Share Distribution, CR Program Fisheries . ... ... ... ... ... ... .. ... ... ... ... ... ... ... 130 3.19 Harvesting Sector Activity Days, CR Program Fisheries . 133 3.20 Food and Provisions Costs, CR Program Fisheries . 136 3.21 Fishery Expenditures - Bait Usage and Costs, CR Program Fisheries . 138 3.22 Fishery Expenditures -Vessel Fuel Costs, CR Program Fisheries . 141 3.23 Average Monthly Fuel Prices For Selected Ports . 142 3.24 Vessel-level mean operating costs and revenue residuals, BBR, BSS, and all CRP fisheries in aggregate, 2014 through 2018 ... ... .. .. ... ... ... ... .. 146 3.25 Fleet-level aggregate operating costs and revenue residuals, BBR, BSS, and all CRP fisheries in aggregate, 2014 through 2018 ... ... .. .. ... ... ... ... .. 148 3.26 Crab Harvest Quota Lease Activity, Volume, Cost, and Average Lease Prices and Rates, CR Program Fisheries ............................... 150 3.27 Counts of QS/PQS Sales and IFQ/IPQ Lease Transfers, All CR Program Fisheries . 155 3.28 Crab Harvest Quota (QS) Sale Transfers, Estimated Price Per QS Unit, Catcher Vessel Owner and Crew QS ................................ 156 3.29 Crab Processor Quota (PQS) Sale Transfers, Estimated Price Per PQS Unit . 160 3.30 CR Program Computation Quota Share (QS) and IFQ Ratio . 161 3.31 Comparison of Crab QS Sale Price to IFQ Lease Price . 162 3.32 IFQ Fisheries Owner-and Crew-Type Quota Share Holdings . 164 3.33 IFQ Fisheries Owner and Crew Quota Share Holdings by Fishery and Sector . 165 3.34 Crew-Type Crab Quota Share Allocation Held by Active CFEC-Licensed Gear Operators, IFQ Fisheries . ... .. .. ... ... ... ... ... ... .. .. .. 168 3.35 IFQ Fisheries Owner Quota Share Holdings by QS Holder Location . 170 3.36 IFQ Fisheries Crew Quota Share Holdings by QS Holder Location . 171 3.37 Crab Processor Quota Share Allocation Holdings, by IFQ Fishery . 172 3.38 CDQ/ACA Group Direct Holdings
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