Fish Monetary Stock Account: 1996–2008 Fish Monetary Stock Account 1996–2008 Reproduction of material Material in this report may be reproduced and published, provided that it does not purport to be published under government authority and that acknowledgement is made of this source. Citation Statistics New Zealand. (2009) Fish Monetary Stock Account: 1996–2008 Wellington: Statistics New Zealand. Published in February 2009 by Statistics New Zealand Tatauranga Aotearoa Wellington, New Zealand _____________________ ISSN 1177–5440 (online) ii Fish Monetary Stock Account 1996–2008 Preface The Fish Monetary Stock Account 1996–2008 presents a time-series asset value of New Zealand’s commercial fish resource, based on quota values. The time series shows trends in the total asset value of the fish resource, and trends in the asset values of selected species, which can be used for analysis by government and the wider community. The report also presents technical notes and a description of how fish stocks are valued. We acknowledge the use of fisheries data and the advice and support provided by FishServe and the Ministry of Fisheries. Geoff Bascand Government Statistician iii Fish Monetary Stock Account 1996–2008 Standards and further information This report was prepared by the Macro-economic, Environment and Sustainable Development business unit and published by the Product Development and Publishing business unit of Statistics New Zealand. Information Centre Your gateway to Statistics New Zealand Each year, we collect over 60 million pieces of information. New Zealanders tell us how and where they live; about their work, spending and recreation. We also collect a complete picture of business in New Zealand. This valuable resource is yours to use. But with all the sophisticated options available, finding exactly what you need can sometimes be a problem. 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Reproduction of material Any table or other material published in this report may be reproduced and published without further licence, provided that it does not purport to be published under government authority and that acknowledgement is made of this source. Further information is contained in the following tables: (www.stats.govt.nz/analytical reports/ fish-monetary-stock-account-1996-2008) Percentage changes Percentage movements are, in a number of cases, calculated using data of greater precision than published. This could result in slight variations. Rounding procedures Figures have been rounded, and discrepancies may occur between sums of component items and totals. All percentages have been calculated using unrounded figures. Source All estimates of asset values are compiled by Statistics NZ, except where otherwise stated. Administrative data collected and supplied by FishServe has been used in compiling the estimates. Values All values are shown in New Zealand currency, except where otherwise stated. All export revenue values are given in New Zealand dollars, free on board (The value of export goods, including raw materials, processing, packaging, storage and transportation up to iv Fish Monetary Stock Account 1996–2008 the point where the goods are about to leave the country as exports.) FOB does not include storage, export transport or insurance cost to get the goods to the export market. Liability statement While all care and diligence has been used in processing, analysing and extracting data and information in this report, Statistics NZ gives no warranty it is error free and will not be liable for any loss or damage suffered as a result of the use, directly or indirectly, of information in this report. Statistics New Zealand’s Information Centre For further information on the statistics in this report or for help finding and using statistical information available on our website or in the Infoshare database, contact the Information Centre: Email: [email protected] Phone toll-free: 0508 525 525 Phone international: +64 4 931 4600 Fax: +64 4 931 4030 Post: PO Box 2922, Wellington, 6140, New Zealand Website: www.stats.govt.nz v Fish Monetary Stock Account 1996–2008 Contents Preface ............................................................................................................................. iii Standards and further information ................................................................................... iv Contents ...........................................................................................................................vi 1. Introduction to environmental accounts ....................................................................... 1 2. Concepts and conventions ........................................................................................... 2 Revision to Fish Monetary Stock Account: 1996–2007 ..................................... 2 Data confidence ................................................................................................. 3 Future developments ......................................................................................... 3 3. Introduction .................................................................................................................. 4 Highlights ........................................................................................................... 4 Background to fishing in New Zealand .............................................................. 5 The Quota Management System ....................................................................... 5 Individual transferable quota .............................................................................. 6 Recreational fishing ........................................................................................... 7 Customary fishing .............................................................................................. 8 Aquaculture ........................................................................................................ 8 4. Results ....................................................................................................................... 10 Total fish stock in monetary terms ................................................................... 10 Species valuations ........................................................................................... 12 Hoki .................................................................................................................. 13 Rock lobster ..................................................................................................... 14 Päua ................................................................................................................. 15 Orange roughy ................................................................................................. 16 Snapper ........................................................................................................... 17 Ling .................................................................................................................. 19 Hake ................................................................................................................. 20 Scampi ............................................................................................................. 21 Arrow squid ...................................................................................................... 21 Oreo ................................................................................................................. 23 Tarakihi ............................................................................................................ 24 Silver warehou ................................................................................................. 24 Bluenose .......................................................................................................... 25 Southern blue whiting ...................................................................................... 26 Blue cod ........................................................................................................... 27 School shark .................................................................................................... 28 Barracouta ....................................................................................................... 29 Hāpuku and bass ............................................................................................. 30 Alfonsino .......................................................................................................... 31 Scallop ............................................................................................................. 32 5. Methodology ..........................................................................................................