Comparison of Salmon Prices in Alaska and Canada

Prices for Alaska salmon have declined substantially over the past four years due to lost market share. In most cases market share has been lost to increased farmed salmon production which has market advantage due to year around availability, consistent high quality and consistent pricing. While Can...

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Bibliographic Details
Main Author: Knapp, Gunnar
Format: Report
Language:English
Published: Institute of Social and Economic Research, University of Alaska. 1994
Subjects:
Online Access:http://hdl.handle.net/11122/12371
Description
Summary:Prices for Alaska salmon have declined substantially over the past four years due to lost market share. In most cases market share has been lost to increased farmed salmon production which has market advantage due to year around availability, consistent high quality and consistent pricing. While Canadian wild salmon has also suffered price declines, they have not been as severe as Alaska. Average Canadian ex-vessel and wholesale prices for sockeye and pink salmon are significantly higher than Alaska salmon prices.This report explores the extent of and reasons for price differences between Canadian and Alaska salmon pricing. By identifying the reasons for higher prices paid for Canadian salmon, it is hoped the state and the industry can better identify development policies and market strategies that will increase the value of Alaska salmon. Division of Economic Development: Alaska Department of Commerce and Economic Development