AQUACULTURE OUTLOOK October 4, 1995 Approved by the World Agricultural Outlook Board ----------------------------------------------------------------------------- AQUACULTURE OUTLOOK, a supplement to the Livestock, Dairy, and Poultry Monthly report, is published twice a year by the Economic Research Service, U.S. Department of Agriculture, Washington, DC 20005-4788. LDP-AQS-2. Subcriptions to the printed version of this report are available from the ERS- NASS order desk. Call, toll-free, 1-800-999-6779 and ask for stock #LDP-AQS, $15/year. A consolidated subscription to all of the livestock, dairy, and poultry reports (34 issues/year) is also available as stock #LDP-A, $66/year. ERS-NASS accepts MasterCard and Visa. ----------------------------------------------------------------------------- Catfish Sales Larger in 1995 and into 1996 Grower inventories of food-size fish on July 1 were down 1 percent, but inventories of stockers were up 13 percent. Farm level catfish sales are expected to remain relatively steady for the remainder of this year, reaching 455-465 million pounds, up 4-6 percent from the previous year. During the first 8 months of 1995, catfish sales totaled 304 million pounds, 4 percent higher than in 1994. The estimated decline in the July 1 inventory of food-size catfish is likely to keep farm prices around 78-79 cents a pound. Most of this inventory likely was processed during the third quarter. By the fourth quarter, the large stockers will have reached market size and, along with some of the small stockers, will be the chief source of production going into 1996. A 12- percent increase in small stockers suggests there could be some price softening after the 1996 Lenten season as these fish reach market size. During the next 6 to 9 months, catfish growers are likely to be caught between stable or slightly lower farm prices and rising feed costs. Since fourth- quarter 1993, growers have enjoyed strong farm prices (73 cents or better per pound) and relatively low feed costs. With farm prices expected to decline only moderately in 1996, growers still have an incentive to expand production. Farm Prices Steady into 1996 Farm prices for all of 1995 are expected to average between 78 and 79 cents a pound, about the same as a year earlier. This would be the second consecutive year of record farm prices. Whether the increased inventory of stockers and fingerlings significantly affects prices will be determined by the number of fish reaching market size (over 3/4 pound) by the beginning of colder weather, which effectively stops weight gain. Because farm prices were record high in 1994 and may be again in 1995, growers likely have some incentive to expand operations. The higher prices have enabled many growers to finance new pond construction. Some acreage expansion has been seen in 1995, but many growers can increase production by more heavily stocking existing ponds. Any large scale increase in acreage will likely be linked to the expansion of existing processing plants or the construction of new ones. A 4- to 6-percent increase in quantity to processors and record farm prices are likely to produce record gross farm revenues. With average farm prices at approximately 79 cents per pound, gross farm revenues are expected to range from $360 to $370 million, up 4 to 7 percent from 1994's $345 million. Catfish Acreage Increasing As of July 1, growers reported they had 158,800 acres of ponds in production. This is 2 percent above the previous 2 years, but is still below the peak of over 166,000 acres in July 1991. Most of the increase was in Alabama, Arkansas, and Louisiana, with acreage in Mississippi showing only small growth. However, the survey indicated that over 10,000 acres of ponds were being renovated or under construction and over half this acreage was in Mississippi. The relatively mild response in acreage to the continued strong farm prices reflects the high cost of building catfish ponds, the reduction in a grower's ability to shift acreage among crops, and the relatively strong prices for soybeans and cotton. Because of the specialized nature of catfish ponds and the high cost of constructing them, catfish growers are likely to only slowly expand acreage in response to higher prices and will keep acreage in production even as prices fall. The number of catfish operations fell again in 1995, to 1,267. The catfish industry appears to be following the same path as most other livestock industries towards fewer but larger production units. Economies of size for feed purchases, harvesting, and pond management are some of the factors underlying this trend. As total capital investments per farm increase, responses to short term fluctuations in prices will be tempered. Stocks of broodfish, up 11 percent, are a possible indication that growers intend to increase production over the next year or two. Growers in Mississippi continue to build their broodfish inventories at a rapid rate, 19 percent above a year earlier. The lag time between increasing broodfish stocks and higher commercial production is fairly long, as most fish are bred only in the spring. Broodfish increases in the third quarter are not likely to affect fingerling production until the first half of next year. Processors' Sales Forecast at 230 Million Pounds Over the first 8 months of 1995, processors sold 156 million pounds of catfish products, 6 percent higher than in 1994. Annual sales for 1995 are forecast to reach 230 million pounds, a 6-percent increase. Processor prices are expected to average near $2.40 a pound for 1995, up slightly from 1994. The higher prices and the increase in volume are expected to push processors' revenue to a record high in 1995. August 31 stocks of products held by processors were 23 percent higher than the previous year. However, this should not place any downward pressure on processor prices, because stocks have been falling gradually throughout 1995 after reaching record levels at the end of 1994. Also, the higher stocks are needed for the first quarter of the year when sales are traditionally higher. Trout Sales Rise, Value Higher Recently released data from USDA's trout survey showed 1995 (September 1, 1994 to August 31, 1995) total sales rose 13 percent from a year earlier to a record $73.8 million. Most of the increase was concentrated in higher sales of food-size fish, which rose 6 percent to $60.8 million. The increase stemmed from 6 percent more poundage sold and a 9-percent increase in the average price. Although Idaho is the dominant producer, the majority of the revenue increase came from sales in other States. Chief among them was North Carolina, which saw food-size sales rise 50 percent to a record $5.7 million. As the general economy has strengthened, the market for food-size trout has also improved. Idaho's production has remained relatively stable at around 40 million pounds, but since 1991 the average price for food-size fish has risen 22 percent. Sales of stockers were the only category that declined in 1995. The number of stockers sold was higher, but smaller average size caused a decline in poundage. Based on higher sales of fingerlings and eggs in 1995, trout production is forecast to increase moderately in 1996. The market was stronger for fingerlings and eggs as both the number sold and their prices increased in 1995. Sales of trout, like many other fish species, are sensitive to changes in the general economy, especially as it affects restaurant sales, the major outlet for trout products. Tilapia Imports Down, Value Up After rising rapidly over the last 2 years, U.S. imports of tilapia fell to just over 15 million pounds in first-half 1995, down 9 percent from first-half 1994. However, the value was up 25 percent as larger imports of higher valued fresh fillets more than offset smaller imports of lower priced frozen whole fish. On a liveweight equivalent basis, tilapia imports for first-half 1995 were just over 24 million pounds. With almost all tilapia imports coming from aquaculture operations, tilapia, on a quantity basis, is the third largest imported aquaculture product behind farm-raised shrimp and Atlantic salmon. Taiwan continues to dominate U.S. tilapia imports, supplying over 90 percent of frozen whole tilapia, which accounts for 75 percent of all tilapia imports. In the fresh fillet market, Costa Rica is the chief supplier, while Thailand, Indonesia, and Taiwan are the major sources of frozen fillets. In first-half 1995 U.S. imports of frozen tilapia totaled 11.3 million pounds, down 14 percent from a year earlier. However, because of higher unit prices the value fell less than 1 percent. The only tilapia category with higher imports was fresh fillets, up 85 percent in quantity and 87 percent in value. The chief beneficiary of the higher imports was Costa Rica, whose exports to the United States were 48 percent higher in first-half 1995 than a year earlier. The import picture for frozen fillets was mixed, with the quantity falling and the value increasing. Imports of frozen fillets were 2.3 million pounds, down 13 percent, while the value rose 44 percent to $4.6 million. These changes resulted from a large drop in imports of lower-priced Taiwanese frozen fillets and an increase in shipments of higher-priced Thai fillets. These changes caused the average import price for frozen fillets to jump from $1.20 a pound in first-half 1994 to $1.99 a pound in first-half 1995. Higher prices for all three import categories--frozen whole fish and fresh and frozen fillets--indicate there still is considerable market demand for tilapia products in the United States. The market is forecast to continue to expand in second-half 1995 and over the next several years. As the tilapia market matures, more product will likely be sold outside the traditional ethnic markets to mainline food service companies and restaurants. These sales likely will boost the market share of fresh and frozen filleted products. Salmon Imports: Quantity and Value Higher, Prices Steady Over the first 6 months of 1995, Atlantic salmon imports reached 51.4 million pounds valued at $128 million, both 32 percent above 1994. Imports of Atlantic salmon have almost doubled in the last 4 years as farm-raised product (almost all Atlantic salmon) continues to displace fresh Pacific salmon products. The year-round availability of fresh Atlantic salmon has also probably expanded the market, and 90 percent of Atlantic salmon imports are fresh. Starting in January 1995, import trade statistics became available for fresh and frozen Atlantic salmon fillets. Previously, the imports were combined with fresh and frozen Pacific salmon fillets. While Canada is the dominant supplier of fresh whole product to the United States, accounting for over 60 percent, Chile supplies over 80 percent of fresh and frozen Atlantic salmon fillets. Chile's strength in the fillet market stems from its lower processing costs. Also, shipping filleted products lowers shipping costs as a percentage of the final product price. While Canada and Chile dominate U.S. salmon imports, Norway--the world's largest producer--is presently only a minor exporter to the United States because of countervailing duties on fresh Atlantic salmon from Norway. Salmon farming is one of the world's largest aquaculture industries and is second only to shrimp in terms of trade value. World farm-raised salmon production in 1995 is estimated at over 500,000 metric tons and is forecast to soon surpass wild harvests. Fish Farming International, an industry magazine, reports that Norway's production of farm-raised salmon alone is expected to reach 300,000 metric tons in 1995. Import prices for Atlantic salmon in first-half 1995 were about even with a year earlier, even with higher farmed supplies and a strong U.S. wild harvest. With innovations in production, real farm-raised salmon prices are expected to continue to gradually decline. Already salmon prices are competitive with a wide range of other fish. For example, fresh Atlantic salmon fillets were $2.46 a pound in June, compared with $2.50 a pound for imported fresh tilapia fillets. Imports of farmed Atlantic salmon are forecast to expand through the rest of 1995 and in 1996 due to a combination of factors. First, domestic farmed production is expected to show only small increases and total wild harvests from Alaska are forecast to remain steady. Second, growing world salmon production is expected to put downward pressure on prices. Third, a generic promotion campaign this spring showed promise in expanding the salmon market. Shrimp Import Quantity Falls, But Value Grows Shrimp is the world's most valuable aquaculture industry. The United States alone imports an estimated $1 billion in farm-raised shrimp per year. With strong economic growth in many Asian countries fueling demand, and with production increases limited by continuing disease problems in a number of countries, shrimp prices have increased over the last 2 years. With economic growth in Asia and stable world shrimp production forecast to continue, shrimp prices are expected to remain strong for the remainder of 1995 and most of 1996. During first-half 1995 the volume of U.S. shrimp imports fell 6 percent, but higher prices pushed import value up 2 percent to $1.1 billion. With continued growth in the domestic economy, U.S. shrimp imports are expected to remain relatively high, near 500 million pounds. However, continued price increases could cause restaurant and food service companies to look for substitute products and also keep more of the domestic catch in the United States. Crawfish Imports Rise, Exports Drop Imports of crawfish meat from China continue to expand. In first-half 1995 imports totaled 377,000 pounds, 3 percent higher than in 1994, a much smaller increase than in the past several years. Over the last several years, falling prices for Chinese crawfish meat have been pressuring the Louisiana crawfish industry. In first-half 1995, imported crawfish meat averaged just over $2.00 a pound, compared with $3.15 a year earlier. On the export side, crawfish shipments fell strongly. Exports, a seasonal item going almost exclusively to Sweden, were down 47 percent in quantity and value due to a number of factors. First, Louisiana had a relative shortage of the largest size crawfish, those used in the Swedish market. Second, there was some concern that an European Union tariff of 16 percent would be applied to U.S. imports. This caused processors to sell on the local market rather than process crawfish and store them for later sale to Sweden. Third, there was growing competition from the Chinese crawfish industry. Mollusk Sales Mixed Imports of mussels in first-half 1995 reached 7.8 million pounds, up 32 percent from a year earlier and over double those of first-half 1992. Canada and New Zealand are the main suppliers to the United States and most of their mussels are aquaculture products. Although only slightly higher than a year earlier, oyster exports rose for a fourth consecutive year. West Coast growers have an advantage in exporting to Asia because they grow an Asian oyster. The oyster market is forecast to continue growing in 1996, but expansion of oyster production on the West Coast is complicated by the difficulties in finding acceptable approved sites. Ornamental Fish Exports Down, Imports Grow Over first-half 1995, U.S. exports of farm-raised ornamental fish totaled $10 million, down 1 percent from a year earlier, but 5 percent higher than in 1993. Imports of ornamental fish rose 15 percent and, on a value basis, are probably the third most valuable aquacultural import behind shrimp and salmon. The drop in U.S. ornamental fish exports is mostly the result of smaller shipments to Taiwan, Singapore, and Mexico. The devaluation of the peso has hurt exports to Mexico. The export declines were partially offset by higher exports to Hong Kong, Japan, and Canada. Sales to Japan were aided by the relative weakness of the dollar compared to the yen, while sales to Hong Kong were affected by strong economic growth there and in China. Imports of ornamental fish continue to expand, rising to $28.2 million in first-half 1995. Strong increases in imports from Western Hemisphere suppliers--Brazil and Peru--and higher imports from major Asian sources, such as Singapore, Indonesia, and the Philippines, accounted for the bulk of the increase. In the future, as the wild harvest of many ornamental species is increasingly restricted, farmed production should expand. Seafood Prices Higher, Feed Costs Rise Retail seafood prices in first-half 1995 have risen faster than prices for competing meat and poultry products, continuing a decade-long pattern. This trend may moderate in the future as aquaculture production expands. Many aquacultural products, once farm production passes the experimental stage, show the same pattern of declining real prices as other agricultural products. U.S. production of beef, pork, broilers, and turkey are all expected to rise in 1996, resulting in steady or slightly lower retail prices for these items. Declines in meat and poultry prices would likely put downward pressure on seafood prices. However, the strongest competition for most seafood comes from other seafood products and not directly from meat products. Production of both corn and soybeans for the 1995/96 marketing year (September through August) is expected to be down from the previous year. The declines are likely to raise prices for soybean meal and corn gluten meal, prime ingredients in many prepared aquaculture feeds. The anticipated higher feed costs and lower prices for many other competing meat supplies will generally pressure the profitability of aquacultural producers. Value of U.S. imports and exports of selected seafood products, Commodity 1992 1993 1994 1995 Exports $1,000 Ornamental fish 8,091 8,469 10,082 9,951 Trout, live 406 289 1,194 699 Trout, fresh & frozen 1,269 1,667 2,100 1,328 Atlantic salmon, fresh 2,894 8,084 1,267 7,546 Pacific salmon, fresh 1/ 8,439 7,587 7,953 13,508 Atlantic salmon, frozen 137 621 422 358 Pacific salmon, frozen 1/ 58,066 79,612 41,475 50,946 Canned & pre. salmon 2/ 87,020 77,270 58,447 65,008 Shrimp, frozen 30,488 33,480 23,956 32,903 Shrimp, fresh & pre. 3/ 20,058 21,995 23,774 27,350 Oysters 4/ 892 1,244 2,509 2,518 Mussels 5/ 1,232 967 1,257 1,052 Clams 6/ 2,779 3,024 2,677 2,826 Imports $1,000 Ornamental fish 21,417 23,649 24,433 28,216 Trout, live 75 182 50 246 Trout, fresh & frozen 1,859 3,237 2,149 2,522 Atlantic salmon, fresh 65,038 81,891 88,811 117,650 Pacific salmon, fresh 1/ 41,671 23,257 18,656 28,616 Atlantic salmon, frozen 4,840 7,142 6,053 10,963 Pacific salmon, frozen 1/ 6,787 7,412 8,102 7,351 Canned & pre. salmon 2/ 6,255 5,773 6,493 6,656 Shrimp, frozen 799,847 887,761 984,400 1,005,510 Shrimp, fresh & pre. 3/ 55,428 66,484 81,187 77,207 Oysters 4/ 21,462 22,110 19,697 15,415 Mussels 5/ 3,949 3,969 5,515 8,291 Clams 6/ 3,307 3,279 4,960 3,157 Tilapia 7/ 0 8,635 12,208 15,296 NA - Not available. 1/ Also includes salmon with no specific species noted. 2/ Includes smoked and cured. 3/ Includes canned, breaded, or prepared. 4/ Oysters, fresh or prepared. 5/ Mussels, fresh or prepared. 6/ Clams, fresh or prepared. 7/ Frozen whole fish plus fresh and frozen fillets. Data first Source: Bureau of the Census, U.S. Department of Commerce. Quantity of U.S. imports and exports of selected seafood product Commodity 1992 1993 1994 1995 Exports 1,000 lb. Ornamental fish 0 0 0 0 Trout, live 0 0 0 0 Trout, fresh & frozen 763 1,025 1,120 774 Atlantic salmon, fresh 825 2,939 434 2,802 Pacific salmon, fresh 1/ 4,076 3,433 4,224 5,595 Atlantic salmon, frozen 139 190 141 119 Pacific salmon, frozen 1/ 30,772 46,713 30,313 31,887 Canned & pre. salmon 2/ 44,478 37,355 35,748 38,552 Shrimp, frozen 8,144 9,142 5,814 7,584 Shrimp, fresh & pre. 3/ 5,712 6,515 6,742 7,138 Oysters 4/ 463 558 1,138 1,171 Mussels 5/ 1,038 915 1,076 941 Clams 6/ 2,046 2,004 1,731 1,739 Imports 1,000 lb. Ornamental fish 0 0 0 0 Trout, live 0 0 0 0 Trout, fresh & frozen 1,753 2,762 1,561 1,775 Atlantic salmon, fresh 25,796 31,929 35,274 47,284 Pacific salmon, fresh 1/ 17,842 8,948 8,236 10,406 Atlantic salmon, frozen 1,931 3,607 2,709 4,127 Pacific salmon, frozen 1/ 3,814 3,752 5,741 4,786 Canned & pre. salmon 2/ 1,433 928 1,376 1,404 Shrimp, frozen 249,265 257,495 247,010 232,837 Shrimp, fresh & pre. 3/ 16,367 18,274 22,006 20,304 Oysters 4/ 7,608 7,848 7,542 5,359 Mussels 5/ 3,792 4,429 5,882 7,758 Clams 6/ 3,018 2,906 4,063 2,789 Tilapia 7/ 0 10,978 16,598 15,084 NA - Not available. 1/ Also includes salmon with no specific species noted. 2/ Includes smoked and cured. 3/ Includes canned, breaded, or prepared. 4/ Oysters, fresh or prepared. 5/ Mussels, fresh or prepared. 6/ Clams, fresh or prepared. 7/ Frozen whole fish plus fresh and frozen fillets. Data first Source: Bureau of the Census, U.S. Department of Commerce. Catfish: Inventory numbers, as of July 1 Broodfish Fingerling/fry Stockers State 1994 1995 1994 1995 1994 1995 Alabama 156 88 103,379 102,676 39,426 54,249 Arkansas 205 255 201,892 185,126 55,103 54,005 California 12 12 13,100 12,700 2,891 2,324 Florida 5 4 9,000 5,500 375 Kentucky 6 468 926 244 Louisiana 55 160 89,000 60,400 29,350 34,450 Mississippi 680 806 834,006 1,078,354 444,659 516,137 Missouri 18 13 28,431 5,657 2,697 North Carolina 16 10 9,688 5,957 2,486 2,855 Oklahoma 44 25 16,413 2,421 1,212 444 South Carolina 56 16 6,249 9,928 2,191 1,934 Tennesse 5 5,747 11,851 Texas 36 59 30,829 13,295 7,141 2,804 Other 2/ 25 20 57,351 20,741 2,729 436 Total 1,319 1,468 1,377,122 1,538,306 593,464 672,335 Small food-size Medium food-size Large food-size State 1994 1995 1994 1995 1994 1995 Alabama 23,000 21,881 4,395 5,925 378 658 Arkansas 17,500 12,955 3,581 5,125 461 665 California 930 566 293 386 70 219 Florida 40 50 9 13 3 3 Kentucky 57 115 94 62 8 11 Louisiana 8,500 9,350 1,350 4,950 105 580 Mississippi 97,289 85,542 19,521 23,939 1,672 2,875 Missouri 1,207 770 354 457 66 243 North Carolina 725 1,458 411 311 92 33 Oklahoma 57 76 33 57 6 3 South Carolina 771 1,547 727 1,402 25 121 Tennesse 117 119 204 67 55 18 Texas 433 814 345 297 95 95 Other 2/ 268 271 75 47 16 20 Total 150,894 135,514 31,392 43,038 3,052 5,544 1/ Data inclued in "other" to avoid disclosing individual operations. 2/ Included Georgia and Kansas. Source: Catfish Growers Survey, NASS, USDA. Catfish: Supply, sales, prices, and inventory 1994 1995 Item Sept. Oct. Nov. Dec. Jan. Feb. Supply 1,000 lbs. Grower sales 1/ 38,716 39,702 36,054 34,266 38,807 38,515 Processor sales 17,983 19,151 16,427 15,461 19,191 20,008 Fresh 7,327 7,374 6,493 6,317 7,273 7,769 Whole 3,179 3,197 2,888 2,862 3,221 3,373 Fillets 3,183 3,212 2,784 2,665 3,054 3,281 Other 965 965 821 790 998 1,115 Frozen 10,656 11,777 9,934 9,144 11,918 12,239 Whole 1,357 1,421 1,324 1,169 1,573 1,676 Fillets 6,267 6,689 5,753 5,311 6,614 6,653 Other 3,032 3,667 2,857 2,664 3,731 3,910 Processor inventory 8,612 8,310 9,833 11,623 10,965 10,424 Fresh 1,044 984 802 1,011 738 694 Whole 376 317 243 184 262 239 Fillets 551 555 453 722 393 369 Other 117 112 106 105 83 86 Frozen 7,568 7,326 9,031 10,612 10,227 9,730 Whole 1,038 963 1,118 1,416 1,626 1,891 Fillets 3,645 3,690 4,964 5,975 5,863 5,235 Other 2,885 2,673 2,949 3,221 2,738 2,604 Prices Dollars per pound Farm price 3/ 0.80 0.77 0.77 0.77 0.78 0.79 Processor prices 2.42 2.37 2.39 2.37 2.35 2.40 Fresh 2.27 2.27 2.25 2.21 2.21 2.22 Whole 1.72 1.72 1.70 1.66 1.69 1.69 Fillets 2.93 2.93 2.91 2.91 2.89 2.90 Other 1.92 1.89 1.91 1.87 1.82 1.80 Frozen 2.53 2.43 2.48 2.48 2.43 2.51 Whole 2.05 2.06 2.02 2.01 1.98 2.02 Fillets 2.90 2.87 2.88 2.85 2.83 2.86 Other 1.97 1.78 1.90 1.95 1.91 2.13 1/ Total live weight of fish delivered for processing. 2/ Inventory at end of reporting period. 3/ Live weight. Source: NASS, USDA. Catfish: Supply, sales, prices, and inventory 1995 1995 Item Mar. Apr. May June Jul. Aug. Supply 1,000 lbs. Grower sales 1/ 42,200 36,588 37,030 36,047 35,800 38,827 Processor sales 21,702 18,649 19,169 18,631 18,157 20,187 Fresh 8,939 7,783 7,581 7,321 7,000 7,567 Whole 3,856 3,086 2,997 2,903 2,951 3,184 Fillets 3,646 3,369 3,350 3,246 3,115 3,348 Other 1,437 1,328 1,234 1,172 934 1,035 Frozen 12,763 10,866 11,588 11,310 11,157 12,620 Whole 1,487 1,438 1,371 1,432 1,320 1,477 Fillets 7,319 6,447 6,877 6,645 6,832 7,586 Other 3,957 2,981 3,340 3,233 3,005 3,557 Processor inventory 10,536 9,940 9,529 9,041 9,272 8,756 Fresh 812 637 729 843 981 884 Whole 286 215 219 282 375 304 Fillets 424 315 399 425 488 466 Other 102 107 111 136 118 114 Frozen 9,724 9,303 8,800 8,198 8,291 7,872 Whole 2,307 2,061 1,954 1,641 1,563 1,357 Fillets 5,242 5,051 4,656 4,271 4,368 4,535 Other 2,175 2,191 2,190 2,286 2,360 1,980 Prices Dollars per pound Farm price 3/ 0.79 0.79 0.79 0.79 0.79 0.79 Processor prices 2.41 2.44 2.45 2.41 2.42 2.42 Fresh 2.23 2.28 2.27 2.28 2.25 2.25 Whole 1.68 1.69 1.69 1.71 1.70 1.69 Fillets 2.92 2.93 2.90 2.90 2.91 2.90 Other 1.93 1.99 1.99 1.97 1.81 1.86 Frozen 2.55 2.56 2.56 2.49 2.52 2.52 Whole 2.02 1.97 2.03 2.04 2.01 2.00 Fillets 2.86 2.88 2.90 2.81 2.85 2.86 Other 2.16 2.14 2.07 2.04 1.99 2.02 1/ Total live weight of fish delivered for processing. 2/ Inventory at end of reporting period. 3/ Live weight. Source: NASS, USDA. U.S. tilapia and Atlantic salmon imports by country, 1995 (January to June) Frozen Fresh Frozen Tilapia Whole Fillets Fillets Total Country Pounds Dollars Pounds Dollars Pounds Dollars Pounds Dollars -- 1,000 -- Mexico 30 10 2 7 0 0 32 17 Honduras 0 0 49 145 0 0 49 145 Nicaragua 1 3 11 25 29 48 41 76 Costa Rica 0 0 1,064 2,655 0 0 1,064 2,655 Jamaica 20 49 0 0 65 131 84 180 Colombia 0 0 185 448 0 0 185 448 Ecuador 0 0 83 166 1 4 84 170 Thailand 72 32 0 0 726 2,076 798 2,108 Indonesia 0 0 0 0 451 803 451 803 China 59 28 4 10 91 144 154 181 Taiwan 11,138 7,054 0 0 934 1,354 12,072 8,408 Other 24 8 7 23 38 76 69 108 Total 11,345 7,183 1,407 3,479 2,334 4,636 15,085 15,298 Fresh Frozen Atlantic salmon Whole Whole Fillets 1/ Total Country Pounds Dollars Pounds Dollars Pounds Dollars Pounds Dollars -- 1,000 -- Canada 25,096 70,105 30 88 402 1,693 25,528 71,887 Chile 14,082 26,943 704 1,564 7,362 18,321 22,148 46,829 Iceland 338 682 0 0 18 56 357 739 Norway 84 200 1,798 4,478 411 1,932 2,294 6,610 United Kingdom 458 960 4 39 1 2 462 1,001 Australia 84 192 0 0 0 0 84 192 New Zealand 5 5 0 0 9 12 15 17 Other 8 18 478 1,145 103 177 589 1,341 Total 40,156 99,106 3,013 7,314 8,306 22,195 51,475 128,615 1/ Includes both fresh and frozen fillets. Source: Bureau of the Census, U.S. Department of Commerce. Value of U.S. fishery landings, by species 1/ Species 1991 1992 1993 1994 $1,000 Flounder 144,789 143,511 135,598 126,580 Herring, sea 37,171 42,728 25,222 31,403 Menhaden 77,694 82,973 103,258 128,364 Pollock 251,452 335,278 366,748 382,656 Salmon, Pacific 359,720 582,850 423,530 456,407 Tuna 75,053 90,822 91,430 108,661 Other fish 2/ 734,032 734,443 738,335 750,305 Total fish 1,679,911 2,012,605 1,884,121 1,984,376 Clams 125,266 127,329 138,030 122,362 Crabs 414,835 471,323 510,494 532,987 Lobsters 197,160 181,102 172,730 229,578 Oysters 97,996 114,536 86,698 133,435 Scallops 162,456 164,298 108,861 98,888 Shrimp 512,848 479,954 412,896 564,168 Squid 35,634 36,623 46,402 63,744 Other shellfish 82,166 90,165 111,228 116,860 Total shellfish 1,628,361 1,665,330 1,587,339 1,862,022 Total all products 3,308,272 3,677,935 3,471,460 3,846,398 1/ Landings are reported in round (live) weight for all items except univalve and bivalve mollusks, which are reported in meat weights (excluding shells). 2/ Includes marine and freshwater. Source: National Marine Fisheries Service, U.S. Dept. of Commerce Quantity of U.S. fishery landings, by species 1/ Species 1991 1992 1993 1994 1,000 lb. Flounder 404,955 645,829 599,108 426,855 Herring, sea 230,208 282,047 216,217 213,834 Menhaden 1,977,060 1,644,342 1,983,319 2,323,537 Pollock 2,872,660 2,967,973 3,270,490 3,132,769 Salmon, Pacific 783,285 715,828 888,134 901,086 Tuna 35,695 56,803 55,392 71,795 Other fish 2/ 1,689,411 1,861,361 1,986,482 2,062,400 Total fish 7,993,274 8,174,183 8,999,142 9,132,276 Clams 134,243 142,449 147,752 131,127 Crabs 649,993 624,322 604,437 446,942 Lobsters 70,433 60,713 62,589 74,520 Oysters 31,859 36,156 33,575 38,086 Scallops 40,026 33,884 18,638 25,469 Shrimp 320,087 337,765 292,887 282,626 Squid 139,569 112,380 162,359 215,784 Other shellfish 104,710 115,451 145,516 114,558 Total shellfish 1,490,920 1,463,120 1,467,753 1,329,112 Total all products 9,484,194 9,637,303 10,466,895 10,461,388 1/ Landings are reported in round (live) weight for all items except univalve and bivalve mollusks, which are reported in meat weights (excluding shells). 2/ Includes marine and freshwater. Source: National Marine Fisheries Service, U.S. Dept. of Commerce Value of U.S. fishery imports, by product 1991 1992 1993 1994 Edible fishery products $1,000 Fresh and frozen Whole and eviscerated 918,676 931,626 1,015,991 1,118,478 Fillets and steaks 858,904 798,633 839,031 854,129 Blocks and slabs 443,922 306,344 219,102 187,804 Shrimp 1,836,002 1,999,520 2,153,419 2,654,099 Lobster 419,978 432,206 378,567 448,092 Other fish and shellfish 381,486 477,624 571,573 654,433 Canned Tuna 358,889 308,871 225,829 285,950 Other fish and shellfish 282,766 271,015 268,288 255,973 Cured Pickled or salted 56,369 59,525 54,308 46,598 Other 84,087 93,202 92,882 103,802 Other fish and shellfish 30,808 27,310 29,749 35,775 Total edible fishery products 5,671,887 5,705,876 5,848,739 6,645,133 Value of U.S. fishery exports, by product 1991 1992 1993 1994 Edible fishery products $1,000 Fresh and frozen Whole and eviscerated 1,129,812 1,337,713 1,162,912 1,166,797 Fillets, steaks and portions 92,344 74,242 74,138 64,749 Fish sticks and portions 50,074 47,754 39,385 30,243 Shrimp 157,112 159,663 155,281 151,533 Lobster 100,646 103,475 95,362 142,068 Other fish and shellfish 904,302 973,229 872,714 873,096 Canned Salmon 133,958 154,462 160,596 163,632 Other fish and shellfish 143,427 152,482 75,525 86,377 Cured Roe 377,910 411,499 406,109 399,082 Other fish and shellfish 52,512 43,045 27,017 36,677 Other 13,674 8,103 7,774 11,866 Total edible fishery products 3,155,771 3,465,667 3,076,813 3,126,120 1/ Revised. Source: National Marine Fisheries Service, U.S. Dept. of Commerce. Quantity and value of U.S. fishery imports, by product 1991 1992 1993 1994 Edible fishery products 1,000 lb. Fresh and frozen Whole and eviscerated 941,117 879,605 927,116 964,579 Fillets and steaks 440,018 408,059 440,354 439,059 Blocks and slabs 290,485 231,183 211,642 204,473 Shrimp 530,230 586,157 592,808 621,618 Lobster 66,273 60,020 59,131 63,316 Other fish and shellfish 150,630 179,903 220,380 235,162 Canned Tuna 351,744 323,413 224,419 249,043 Other fish and shellfish 161,549 145,863 157,239 170,140 Cured Pickled or salted 44,857 41,920 46,226 41,685 Other 26,032 27,921 27,207 32,729 Other fish and shellfish 11,884 9,910 10,638 13,037 Total edible fishery products 3,014,819 2,893,954 2,917,160 3,034,841 Quantity and value of U.S. fishery exports, by product 1991 1992 1993 1994 Edible fishery products 1,000 lb. Fresh and frozen Whole and eviscerated 1,062,679 1,103,510 1,008,838 967,748 Fillets, steaks and portions 69,086 52,247 48,847 43,252 Fish sticks and portions 40,571 32,399 33,095 24,464 Shrimp 39,707 43,448 41,819 39,707 Lobster 24,381 21,909 20,979 32,705 Other fish and shellfish 525,018 540,249 599,365 617,825 Canned Salmon 66,134 77,895 84,610 90,915 Other fish and shellfish 85,203 100,495 42,860 47181 Cured Roe 99,165 84,222 82,765 78,629 Other fish and shellfish 27,118 18,786 11,540 20,985 Other 19,532 12,446 11,309 15,096 Total edible fishery products 2,058,594 2,087,606 1,986,027 1,978,507 1/ Revised. Source: National Marine Fisheries Service, U.S. Dept. of Commerce END-END-END