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Economic Value of Alaska Seafood

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McDowell Group

on 6 June 2014

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Transcript of Economic Value of Alaska Seafood

The seafood
industry created jobs for 77,400 workers in Alaska during 2011.


The
Economic Value
of the
Alaska Seafood Industry
U.S.
Jobs

Domestic
Supply

Export
Value

Alaska Seafood Creates New Money
One million
metric tons
Exports Are Extremely Important...
- Helps offset U.S. trade imbalance
- Increases the economic multiplier
- Creates more jobs than imported seafood
Alaska seafood
created jobs for 165,800 American workers
in 2011.
That's great, but who gets these jobs??
Everybody... residents of every U.S. state directly participate in Alaska fisheries
and Americans from every state consume Alaska seafood.
Seafood jobs are a blend of blue collar and white collar, skilled and unskilled
Seafood production jobs create
two-thirds of all jobs associated with Alaska seafood.
Alaska gets most of it's seafood from sparsely populated area.
Over 90% of Alaska seafood comes from regions containing less than 10% of Alaska's population. But...
The seafood is vital to residents who do live rural coastal areas.

In western Alaska over 40 percent
of adults are directly employed by
the Alaska seafood industry at some
point during the year.

Alaska's seafood industry created
over 34,000 jobs
for Washington residents in 2011.
Washington residents own over 1,800 boats that participate in Alaska's commercial fisheries.


Nearly 1% of all jobs held by WA residents are created by Alaska Seafood
Most vendors at the
Pacific Marine Expo
support the
Alaska seafood industry
in some way.

Kolstrand, Inc.
(Ballard)
Polyform U.S., Ltd.
(Kent)
Sold by Marco
(Seattle)
- - - - - - - - - - - -
Serviced at
Pacific Fishermen
Shipyard
(Seattle)
Redden Marine
Supplies
(Bellingham)
Trident Seafoods
Surimi Plant
(Motley, MN)
Vita Foods
Smoked Fish
(Chicago, IL)
Acme
Smoked Fish
(Brooklyn, NY)
American Pride Seafoods
Processing Facility
(New Bedford, MA)
Trident Seafoods
Future Processing Facility
(Caroll County, GA)
Peter Pan Seafoods
Labeling Facility
(Astoria, OR)
Ocean Beauty Seafoods
Distribution Facility
(Helena, MT)
Ocean Beauty Seafoods
Distribution Facility
(Salt Lake City, UT)
Fish King
Wholesaler
(Glendale, CA)
Lusamerica
Wholesaler
(Morgan Hill, CA)
Seattle Fish Co.
Wholesaler
(Denver, CO)
Ocean Beauty Seafoods
Distribution Facility
(Dallas, TX)
At least 3 residents
of every state
participate in
Alaska's commercial fisheries
Schnucks Markets
Grocer
(St. Louis, MO)
Dole Refrigeration Co.
Processing Equipment
(Lewisburg, TN)
Alaska seafood
can be found on
restaurant menus
or in grocery stores
in every state
Alaska seafood lowers the cost of living
in coastal areas in Alaska. Notice the reefer containers.
- Alaska's most experienced research and consulting firm,
in business since 1972.
- Conducted similar analysis for oil/gas, tourism,
mining, and other Alaska industries in recent years.
- Long-time research support contractor for ASMI.
- Wide range of clients: public/private sector, non-profit.
U.S. Seafood Consumption by Source
The Economic Value of the Alaska Seafood Industry
Presented by:
Alaska Seafood Marketing Institute
North Seattle Industrial Association
King County Maritime
Pacific Marine Expo
Port of Seattle
Ivar’s
Alaska seafood created jobs for over 22,000 Alaska residents in Southcentral and Southeast during 2011.
Seafood is caught in Alaska, but many things used to catch it come from Washington.
One major Alaska shipper estimates northbound freight rates are 10% lower due to seafood backhaul.
Even amongst species typically associated with Alaska, most product consumed by Americans is imported. Then you have cod and pollock (sometimes called walleye), which often comes from Alaska but is not usually associated with Alaska.
Though Alaska produces an incredible amount of seafood, it's still a small part of total supply.
$3.2 Billion
in Exports
Fishing
Full transcript