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ASMI Annual Report_2014

PerforMance Measures Target #3: Increase the analysis of results and challenges: aggregate value of Alaska volume of Alaska seafood exports to ASMI program countriesRoughly two-thirds of Alaska seafood is exported. The seafood exports to Alaska fell by 3.4 percent in 2012, while the value of exports to these countries fell by 2.5 percent. A decline in exports is not Seafood Marketing Institute surprising given a smaller total harvest in 2012. Although (ASMI) program destination exported to program countries increased increased 0.9exports fell slightly in 2012, the unit value of Alaska seafood countries by 0.5%. percent to $3,069 per metric ton. Methodology: National Marine Fisheries Service (NMFS), In total, Alaska exported 997,000 metric tons of seafood worth $3.2 compiled by ASMI staff, McDowell Group billion in 2012. China was again Alaska’s largest foreign seafood buyer in 2012, accounting for 37 percent of Alaska seafood exports by volume and 30 percent by value. Most seafood shipped to China undergoes secondary processing and is re-exported to Europe, the U.S., Japan, or Brazil. However, some products such as geoduck clams, crab, and black cod are prized by Chinese consumers. China’s domestic market continues to grow rapidly, opening up opportunities for other Alaska species. Japan was the second largest market in 2012, buying 182,000 metric tons worth $647 million. Theeuropeanunion (all countries combined) is the largest market for Alaska seafood. Alaska processors directly exported 213,000 metric tons worth $735 million toeuropean countries in 2012. Brazil is the newest program country. Although large amounts of Alaska Pollock and Pacific cod are eaten in Brazil, virtually none of it was directly imported from Alaska. With ASMI’s help that is starting to change; from 2011 to 2012 direct exports of Alaska seafood to Brazil increased from 31 to 534 metric tons. Note: The value basis for exports is “free alongside” value at the port of export, which captures the value of the finished product ready to export. 22


ASMI Annual Report_2014
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