JANUARY 2020 Wholesale Market Profiles for Alaska Groundfish and FisheriesCrab Wholesale Market Profiles for Alaska Groundfish and Crab Fisheries JANUARY 2020 JANUARY Prepared by: McDowell Group Authors and Contributions: From NOAA-NMFS’ Alaska Fisheries Science Center: Ben Fissel (PI, project oversight, project design, and editor), Brian Garber-Yonts (editor). From McDowell Group, Inc.: Jim Calvin (project oversight and editor), Dan Lesh (lead author/ analyst), Garrett Evridge (author/analyst) , Joe Jacobson (author/analyst), Paul Strickler (author/analyst). From Pacific States Marine Fisheries Commission: Bob Ryznar (project oversight and sub-contractor management), Jean Lee (data compilation and analysis) This report was produced and funded by the NOAA-NMFS’ Alaska Fisheries Science Center. Funding was awarded through a competitive contract to the Pacific States Marine Fisheries Commission and McDowell Group, Inc. The analysis was conducted during the winter of 2018 and spring of 2019, based primarily on 2017 harvest and market data. A final review by staff from NOAA-NMFS’ Alaska Fisheries Science Center was completed in June 2019 and the document was finalized in March 2016. Data throughout the report was compiled in November 2018. Revisions to source data after this time may not be reflect in this report. Typically, revisions to economic fisheries data are not substantial and data presented here accurately reflects the trends in the analyzed markets. For data sourced from NMFS and AKFIN the reader should refer to the Economic Status Report of the Groundfish Fisheries Off Alaska, 2017 (https://www.fisheries.noaa.gov/resource/data/2017-economic-status-groundfish-fisheries-alaska) and Economic Status Report of the BSAI King and Tanner Crab Fisheries Off Alaska, 2018 (https://www.fisheries.noaa. gov/resource/data/2018-alaska-fisheries-economic-status-bering-sea-and-aleutian-islands-king-and-tanner) for the official and most recent data publicly available. Data Sources: In general: Alaska groundfish and crab production were sourced from the NMFS Alaska Region At-sea and Shoreside Production Report which was combined with prices derived from the ADF&G Commercial Operators Annual Reports (COAR) to produce data on value (Data provided by the Alaska Fisheries Information Network (AKFIN)). Alaska groundfish harvest data for recent years are sourced from NMFS Alaska Region Blend and Catch-accounting System estimates and crab harvest from ADFG/CFEC Fish Tickets (Data provided by the Alaska Fisheries Information Network (AKFIN)). Historical harvest data for U.S. fisheries were sourced from NMFS Office of Science and Technology, Annual Commercial Fisheries Statistics Database. Global harvest data were sourced from FAO Fisheries and Aquaculture Department. Fisheries statistics and information. U.S. export and import trade data were sourced from NMFS Office of Science and Technology, Foreign Fishery Trade Data. Global export and import trade data were sourced from IHS Markit. Global Trade Atlas: International Import and Export Commodity Trade Data. Exchange rate data were sourced from Board of Governors of the Federal Reserve System (US), FRED, Federal Reserve Bank of St. Louis. See for details on specific tables, figures or values see information in the notes, sources or contact authors. The findings and conclusions in the paper are those of the author(s) and do not necessarily represent the views of the National Marine Fisheries Service, NOAA. Reference to trade names does not imply endorsement by the National Marine Fisheries Service, NOAA. All images are for illustrative and informational purposes only and their use does not imply endorsement by the Namtional Marine Fisheries Serivce, NOAA. With regards to images obtained through the World Wide Web (e.g., Wikipedia, Wikimedia) every attempt has been made to comply with the stated use standards and give appropriate attribution. The National Marine Fisheries Serivce, NOAA, is a not for profit organization. This document should be cited as follows: Alaska Fisheries Science Center. 2019. Wholesale market profiles for Alaska groundfish and crab fisheries. 170 p. Alaska Fish. Sci. Cent., NOAA, Natl. Mar. Fish. Serv., 7600 Sand Point Way NE, Seattle WA 98115. Table of Contents Executive Summary ..................................................................................................................................1 Key Markets for Alaska Groundfish and Crab .............................................................................................3 Glossary of Terms and Abbreviations ........................................................................................................7 Abbreviations and Acronyms ......................................................................................................................7 Glossary of Terms .......................................................................................................................................8 Global Groundfish Production and Key Markets ........................................................................................9 Alaska Groundfish Production and Market Summary ................................................................................9 Global Whitefish and Other Marine Fish Production .................................................................................9 Alaska’s Position in the Global Whitefish Market ................................................................................... 13 Summary of Key Alaska Groundfish Markets .......................................................................................... 13 Wholesale Market Profiles for Alaska Pollock Products .......................................................................... 15 Fishery Summary ..................................................................................................................................... 15 Alaska Pollock Production ........................................................................................................................ 17 Wholesale Market Profile: Alaska Pollock Fillets ..................................................................................... 23 Wholesale Market Profile of Alaska Pollock Surimi ................................................................................. 34 Wholesale Market Profile of Alaska Pollock Roe ..................................................................................... 41 Wholesale Market Profile of Alaska Pollock H&G ................................................................................... 47 Global Pollock Production and Competing Supply Analysis .................................................................... 51 Wholesale Market Profile for Pacific Cod ................................................................................................ 54 Fishery Summary ..................................................................................................................................... 54 Supply Chain and Production Description ............................................................................................... 56 Production Volume and Value ................................................................................................................. 58 Key Market Analysis ................................................................................................................................. 60 Competing Supply .................................................................................................................................... 66 Wholesale Market Profile for Yellowfin Sole, Rock Sole, and Related Flatfish .......................................... 68 Fishery Summary ..................................................................................................................................... 70 Alaska Production Summary .................................................................................................................... 72 Product Description and Supply Chain .................................................................................................... 75 Key Market Analysis ................................................................................................................................. 77 Competing Flatfish Supply ....................................................................................................................... 80 Wholesale Market Profile for Arrowtooth Flounder ................................................................................ 82 Fishery Summary ..................................................................................................................................... 82 Alaska Production Summary .................................................................................................................... 84 Product Description and Supply Chain .................................................................................................... 85 Key Market Analysis for Alaska Arrowtooth Flounder ............................................................................ 86 Competing Flatfish Supply ....................................................................................................................... 88 Wholesale Market Profile for Atka Mackerel .......................................................................................... 90 Fishery Summary ....................................................................................................................................