Alaska Salmon Price and Production Reports
September - December 2009 Alaska Salmon Price Report
The Alaska Salmon Price Report (ASPR) covers wholesale volume and first wholesale value, by species and area, for six key Alaska salmon products. It is the primary data source for most of the salmon market analysis published by the Seafood Market Information Service. The report as published by Department of Revenue is specific to area but is summarized into statewide totals here.
Total wholesale value for the September - December period was down 9 percent, from $437 million in 2008 to $398 million in 2009.
The value decline is primarily from a major drop in salmon roe prices. Despite similar sales volume for the period, total wholesale value of roe products dropped by half in 2009, from $124 million to $61 million. Species unit values were down 30 - 52 percent. Salmon roe values of 2008 represent a market-driven spike and the price declines of 2009 reflect a return to more typical levels.
Gains in frozen H&G value offset some of the roe value decline. Total H&G frozen wholesale value for September - December 2009 was $147 million, up from $128 million for the same period in 2008. Both chum and sockeye showed significant value improvement for the period; chums up 9 percent from $1.17 to $1.28 per pound and sockeye up from $2.52 to $2.74 per pound.
Wholesale value of canned salmon was down slightly for the period, from $140 million in 2008 to $133 million in 2009. Average case price for 48-tall canned pinks remained at a 20-year high point (over $75 per case) on slightly lower sales volume. Average case price for 48-half canned sockeye was down from the low-$70 range to $65 per case, also on slightly lower sales volume.
Frozen fillet sales volume and price both showed improvement for the September - December period. Sales volume was up from 7.8 million pounds in 2008 to 9.6 million pounds in 2009 and average price increase from $4.48 to $4.85 per pound. Average wholesale price for sockeye fillets increased to $5.23 per pound, marking the first time that product has reached the $5/lb benchmark.
2009 Salmon Production Report
Alaska Department of Revenue published the annual Alaska Salmon Production Report in March. The report covers the same products detailed in the Alaska Salmon Price Report (ASPR) and is useful for making canned salmon inventory estimates and for identifying broad trends in Alaska salmon production. Like the ASPR, reporting threshold is one million pounds.
We have included a total of six years in this [very large] table, with the intention of covering an equal number of odd and even-numbered years for pink salmon.
Significant findings from the production report data: