Commercial Fisheries and Mariculture Revenues from Northeast Coastal States Total $1.047 Billion in 2002 2003/09/17 Northeast Fisheries and Mariculture 2002 Revenues Announced



 

Northeast Fisheries

2002 Revenues

Announced

 

 

Contact:

Jon Gibson, NOAA
508 495-2228

NR03.13

NMFS Northeast Fisheries Science Center

N         E         W         S

Commercial Fisheries and Mariculture Revenues
for Northeast Coastal States Total $1.047 Billion in 2002

Gloucester, MA - Ex-vessel (dockside) revenue from commercial fisheries and farmgate revenue from mariculture (marine-based aquaculture) operations in Northeast coastal states during 2002 totaled $1.047 billion. These revenue values are preliminary data prepared by the Northeast region of the National Marine Fisheries Service (NOAA Fisheries). The region's 10 coastal states are Maine, New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Delaware, Maryland, and Virginia.

In nominal dollars, the 2002 revenues were 0.7 percent lower than those in 2001, and 5.3 percent lower than those in 2000. In real dollars (i.e., adjusted for inflation), the 2002 revenues were 2.6 percent lower than those in 2001, and 9.0 percent lower than those in 2000.

Changes in harvests and revenues from one year to the next stem from several causes, including changes in the underlying populations of sought-after fisheries species and in the effort of fishermen/mariculturists to catch/raise various species as determined by market demand, government regulations, etc.

Summary of Revenue (in nominal dollars) and Harvest Data

States

In 2002, Massachusetts overtook Maine for first place in ex-vessel and farmgate revenues. Prior to 2002, Maine had held first place for the eight previous years. Massachusetts' 2002 revenues of $297.3 million were a 5.8 percent increase over 2001, and a 3.1 percent increase over 2000. The top five revenue-producing species landed in Massachusetts in 2002 were sea scallop ($100.7 million), American lobster ($56.6 million), Atlantic cod ($25.0 million), haddock ($15.6 million), and goosefish (also $15.6 million). Goosefish (also called monkfish or angler) is not only harvested for its flesh, but also for its liver which is considered a delicacy in the Far East export market.

Only three states showed increased revenues from 2001 to 2002: Massachusetts (+5.8 percent), Virginia (+3.3 percent), and New Jersey (+2.6 percent). The other seven states in the region showed decreased revenues: Rhode Island (-1.2 percent), Maine (-4.3 percent), New Hampshire (-6.7 percent), New York (also -6.7 percent), Maryland (-11.9 percent), Connecticut (-12.9 percent), and Delaware (-20.8 percent).

Refer to Table 1.

Ports

In 2002, New Bedford, Massachusetts, retained its first place in ex-vessel revenues. New Bedford's 2002 revenues of $169.0 million were a 12.3 percent increase over 2001, and a 15.5 percent increase over 2000. The top five revenue-producing species landed in New Bedford in 2002 were sea scallop ($96.7 million), Atlantic cod ($9.4 million), winter flounder ($9.3 million), yellowtail flounder ($9.2 million), and haddock ($9.1 million).

In 2002, 17 Northeast fishing ports had ex-vessel revenues in excess of $10 million, thus qualifying them for "major" port status. From 2001 to 2002, 13 of these 17 major ports showed increased revenues. In 2002, one port joined the major ports list for the first time (Harpswell, Maine), and one port dropped off the list from 2001 (Stonington, Connecticut).

Refer to Table 2.

Species

In 2002, the fishery for American lobster retained its first place in ex-vessel revenue. The $293.3 million of revenue from the 2002 lobster harvest was a 15.1 percent increase over 2001, but a 2.7 percent decrease over 2000. Maine accounted for 68.9 percent, and Massachusetts for 19.3 percent, of revenues from the 2002 lobster harvest.

Refer to Table 3.

In 2002, the fishery for sea scallop retained its second place in ex-vessel revenue. The $201.1 million of revenue from the 2002 sea scallop harvest was a 16.5 percent increase over 2001, and a 24.8 percent increase over 2000. Massachusetts accounted for 50.1 percent, and Virginia for 28.7 percent, of revenues from the 2002 sea scallop harvest.

Refer to Table 4.

Of the 47 species or species groups which each provided more than $1 million in ex-vessel or farmgate revenues during 2002, 23 showed an increase over 2001. Among the top dozen species in 2002 revenue, haddock (+31.7 percent), sea scallop (+16.5 percent), American lobster (+15.1 percent), longfin inshore squid (+13.5 percent), ocean quahog (+6.7 percent), northern quahog (+2.0 percent), and Atlantic surfclam (+0.5 percent) showed increased revenues over 2001; Atlantic cod (-4.4 percent), Atlantic menhaden (-11.9 percent), blue crab (-13.0 percent), goosefish (-15.3 percent), and Atlantic salmon (-70.1 percent) showed decreased revenues. Longfin inshore squid (also called loligo) is a major export item, especially to Mediterranean markets. Ocean quahog, a large bivalve mollusk, is most often used in prepared seafoods such as clam chowder. Northern quahog (also called hard clam) is a major item in the U.S. fresh seafood market. Atlantic surfclam is a typical ingredient in fried clam strips. Atlantic menhaden (also called pogy) is a small, oily, nonseafood fish species which is used primarily for production of meal, oil, and solubles, and secondarily for livestock feed and for bait by commercial and recreational fishermen.

Two low-value species, Atlantic menhaden and Atlantic herring, dominated the harvested poundage. More than 397 million pounds of menhaden were harvested in 2002, a 23.5 percent decrease from 2001, and a 1.6 percent decrease from 2000. Almost 151 million pounds of herring were harvested in 2002, a 29.4 percent decrease from 2001, and an 8.5 percent decrease from 2000. Herring is not only a seafood species, but also a bait species; it is used extensively in the trap fisheries for American lobster.

Refer to Table 5.

Sources and Availability of Harvest and Revenue Data

Harvest and revenue data on Northeast fisheries are collected throughout the year by both NOAA Fisheries and the various state marine fisheries agencies in the region. Most finfish and shellfish purchasers ("dealers") who hold a federal permit in the Northeast are required to report their purchases from fishing vessels to NOAA Fisheries. Although the reports from these federally permitted dealers provide the bulk of the available harvest and revenue data, other data come from non-federally permitted dealers and from other sources as well.

-###-

Table 1. Preliminary ex-vessela and farmgateb revenue and harvested poundagec of commercial fisheries and mariculture operations by state in the Northeast during 2000-2002.

State

2000

2001

2002

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

Massachusetts 288.3 187.9 281.1 242.1 297.3 243.8
Maine 354.1 262.9 309.7 269.0 296.3 212.0
Virginia 118.3 443.2 119.4 561.7 123.3 442.5
New Jersey 107.2 171.8 109.8 168.4 112.7 162.3
Rhode Island 72.5 119.3 65.5 116.0 64.7 103.7
New York 59.4 41.2 55.0 42.4 51.3 38.7
Maryland 53.9 48.9 55.6 55.5 49.0 53.2
Connecticut 31.2 19.6 31.9 19.3 27.8 16.2
New Hampshire 14.0 17.2 17.9 18.6 16.7 23.2
Delaware 6.7 6.7 7.7 7.1 6.1 5.9
Totald 1,105.5 1,318.6 1,053.7e 1,505.1e 1,046.6f 1,327.5f

a Ex-vessel revenue is based on prices paid for wild-caught resources prior to any onshore handling, processing, or reselling.
b Farmgate revenue is based on prices paid for mariculture-produced resources prior to transport from the mariculture site.
c Harvested poundage consists of meat weight for bivalve (e.g., sea scallop) and univalve (e.g., conchs) mollusks, and live weight for all other species.
d Total may differ from sum of components due to rounding error of components.
e Total includes 4.9 million pounds of Atlantic herring and Atlantic mackerel, worth $0.2 million, which were not landed in any state, but transferred to international buyers at sea.
f Total includes: 1) 24.7 million pounds of Atlantic herring and Atlantic mackerel, worth $1.2 million, which were not landed in any state, but transferred to international buyers at sea; and 2) 1.5 million pounds of Atlantic herring, worth $0.1 million, which were landed in Canada.

Table 2. Preliminary ex-vessela revenue and harvested poundageb of commercial fisheries by major portc in the Northeast during 2000-2002.

Port

2000

2001

2002

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

New Bedford, MA 146.3 89.0 150.5 106.9 169.0 108.9
Gloucester, MA 30.0 40.1 29.4 75.3 41.2 78.5
Portland, ME 45.4 62.8 33.7 86.4 36.3 60.7
Cape May/Wildwood, NJ 28.7 58.9 33.0 66.4 35.3 60.2
Newport News, VA 26.5 8.5 29.7 11.3 34.4 11.6
Pt. Judith, RI 41.4 59.3 33.6 48.5 31.4 42.9
Atlantic City, NJ 26.1 50.4 25.2 45.5 22.4 41.2
Stonington, ME 18.0 15.9 13.3 22.3 21.7 14.7
Vinalhaven, ME 12.4 8.4 19.0 12.2 21.3 10.8
Pt. Pleasant, NJ 17.8 38.2 18.7 32.1 19.7 34.7
Hampton, VA 11.0 6.5 12.3 8.2 16.4 9.4
Jonesport, ME 9.1 3.2 10.5 4.1 16.1 6.8
Chatham/Provincetown, MA 13.6 17.6 15.9 16.6 15.2 15.4
Long Beach/Barnegat Light, NJ 14.6 9.1 14.4 10.4 14.6 8.8
Seaford, VA 10.5 2.3 10.3 3.1 12.5 3.6
Montauk, NY 12.7 11.7 13.1 14.3 11.2 11.4
Harpswell, ME <0.1 0.1 3.1 2.4 10.1 3.1

a Ex-vessel revenue is based on prices paid for wild-caught resources prior to any onshore handling, processing, or reselling.
b Harvested poundage consists of meat weight for bivalve (e.g., sea scallop) and univalve (e.g., conchs) mollusks, and live weight for all other species.
c Major ports arbitrarily defined as those yielding $10 million or more in ex-vessel revenue for 2002.

Table 3. Preliminary ex-vessela revenue and harvested poundageb of commercial fisheries for American lobster by state in the Northeast during 2000-2002.

State

2000

2001

2002

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

Maine 187.7 57.2 161.1 50.7 202.1 60.7
Massachusetts 67.5 14.6 54.5 13.3 56.7 12.9
Rhode Island 19.7 4.9 15.6 3.7 15.9 3.8
New Hampshire 4.9 1.2 8.1 2.0 8.2 2.0
New York 12.0 3.0 7.4 2.1 5.1 1.4
Connecticut 5.5 1.4 5.9 1.4 4.2 1.1
New Jersey 3.7 0.9 2.1 0.5 1.1 0.3
Maryland 0.3 0.1 0.1 <0.1 <0.1 <0.1
Virginia <0.1 <0.1 <0.1 <0.1 <0.1 <0.1
Delaware <0.1 <0.1 <0.1 <0.1 <0.1 <0.1
Totalc 301.3 83.2 254.8 73.7 293.3 82.3

a Ex-vessel revenue is based on prices paid for wild-caught resources prior to any onshore handling, processing, or reselling.
b Harvested poundage consists of live weight.
c Total may differ from sum of components due to rounding error of components.

Table 4. Preliminary ex-vessela revenue and harvested poundageb of commercial fisheries for sea scallop by state in the Northeast during 2000-2002.

State

2000

2001

2002

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

Massachusetts 85.3 16.2 88.5 22.9 100.7 25.3
Virginia 41.7 9.2 44.5 12.7 57.7 16.2
New Jersey 24.1 4.9 30.0 8.2 33.3 8.6
Connecticut 4.0 0.8 6.3 1.7 6.4 1.6
Maine 3.9 0.7 1.2 0.2 2.0 0.3
New Hampshire 0.5 <0.1 0.7 0.2 0.7 0.2
Maryland 0.1 <0.1 0.1 <0.1 0.1 <0.1
New York 0.2 0.1 0.7 0.3 0.1 <0.1
Rhode Island 1.4 0.2 0.7 0.2 0.1 <0.1
Delaware 0.0 0.0 0.0 0.0 0.0 0.0
Totalc 161.2 32.2 172.6 46.3 201.1 52.3

a Ex-vessel revenue is based on prices paid for wild-caught resources prior to any onshore handling, processing, or reselling.
b Harvested poundage consists of meat weight.
c Total may differ from sum of components due to rounding error of components.

Table 5. Preliminary ex-vessela and farmgateb revenue and harvested poundagec of commercial fisheries and mariculture operations for major speciesd in the Northeast during 2000-2002. (Names in parentheses are unofficial but locally common names for the same species.)

Species

2000

2001

2002

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

$
(millions)

Lb.
(millions)

American lobster 301.3 83.2 254.8 73.7 293.3 82.3
Sea scallop 161.2 32.2 172.6 46.3 201.1 52.3
Blue crab 65.6 60.9 70.9 61.0 61.7 63.1
Northern quahog (hardshell clam) 45.1 10.0 39.7 8.5 40.5 10.0
Atlantic surfclam 38.0 68.5 39.6 68.9 39.8 72.0
Goosefish (monkfish, angler) 52.7 45.1 43.9 51.2 37.2 50.2
Atlantic cod 26.4 25.1 32.1 33.2 30.7 28.9
Ocean quahog 17.0 32.8 23.9 38.0 25.5 40.0
Atlantic menhaden (pogy) 30.0 403.7 27.8 519.4 24.5 397.1
Longfin inshore squid (Loligo) 24.1 37.4 20.7 31.3 23.5 36.8
Haddock 11.6 8.8 14.5 12.8 19.1 16.7
Atlantic salmone 78.9 36.0 58.2 29.1 16.9 15.0
Softshell (softshell clam) 11.6 2.7 19.0 3.5 16.6 2.9
Summer flounder (fluke) 14.1 7.9 13.3 8.2 15.5 10.4
Bluefin tuna 17.4 2.3 17.2 2.6 14.4 2.4
Winter flounder (blackback, lemon sole) 12.7 12.8 13.8 15.3 14.0 13.0
Yellowtail flounder 15.4 15.3 15.3 16.1 13.3 11.8
Eastern oyster 15.5 3.6 12.6 2.7 12.9 2.0
Striped bass 11.8 6.5 10.8 5.9 10.2 5.6
Atlantic herring 10.1 164.8 12.9 213.6 9.8 150.8
American plaice (dab) 9.5 9.3 9.5 9.8 8.6 7.5
Witch flounder (gray sole) 7.0 5.4 7.9 6.7 8.6 7.0
Sea wormsf 2.1 0.4 9.3 1.4 8.0 1.1
Silver hake (whiting) 11.4 26.8 13.3 28.6 7.4 17.6
Pollock 7.0 8.9 6.2 9.1 6.2 7.9
Atlantic mackerel 2.0 12.4 2.2 27.2 6.2 58.6
Green sea urchin 18.2 13.2 12.7 9.9 6.0 5.3
Black sea bass 4.4 2.5 4.0 2.6 5.6 3.3
Atlantic croaker 6.8 16.5 4.2 16.6 4.9 15.8
Scup (porgy) 3.3 2.7 3.4 4.1 4.8 7.3
White hake 3.8 6.6 3.9 7.7 4.6 7.2
Swordfish 6.1 2.4 4.5 1.8 4.4 2.0
Red deepsea crab 5.0 6.9 8.1 8.8 4.0 4.8
Blue mussel 1.0 2.8 2.1 3.1 4.0 4.7
Skatesf 3.7 27.1 3.4 28.9 3.5 28.7
Tilefishesf 2.4 1.1 3.3 1.9 3.5 1.9
Weakfish (gray sea trout, squeteague) 2.6 3.5 2.0 3.0 2.1 2.9
Bluefish 1.6 4.5 1.7 4.5 1.7 4.5
Jonah crab 1.5 2.5 1.7 2.7 1.5 2.6
Bigeye tuna 2.1 0.6 2.3 0.7 1.5 0.5
Catfishesf 0.9 3.0 1.5 3.5 1.5 3.2
Northern shortfin squid (Illex) 3.7 19.8 1.9 8.8 1.4 6.0
Conchsf 2.9 1.4 2.2 1.2 1.4 0.8
Spot 2.4 4.0 1.5 3.6 1.3 3.2
Channeled whelk 0.4 0.2 1.6 0.6 1.3 0.5
Hagfish 1.9 6.8 0.4 1.5 1.1 3.0
Northern shrimp (Pandalus) 4.2 5.3 2.4 2.7 1.0 1.0

a Ex-vessel revenue is based on prices paid for wild-caught resources prior to any onshore handling, processing, or reselling.
b Farmgate revenue is based on prices paid for mariculture-produced resources prior to transport from the mariculture site.
c Harvested poundage consists of meat weight for bivalve (e.g., sea scallop) and univalve (e.g., conchs) mollusks, and live weight for all other species.
d Major species arbitrarily defined as those yielding $1 million or more in ex-vessel or farmgate revenue for 2002.
e Entire harvest from mariculture operations.
f Category comprises several species.

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