1. BCMAFF Seafood Development BC Ministry of Agriculture, Food & Fisheries BRITISH COLUMBIA’S SEAFOOD INDUSTRY 2002 AND INIDCATORS FOR 2003 & 2004 January 2004

2. BCMAFF Seafood Development Preamble The information for this presentation was derived from four sources: –MAFF publication “The 2002 British Columbia Seafood Industry Year in Review”; –Statistics Canada export data to September 2003; –MAFF publication “BC Canned Salmon Pack Bulletin – 2003”; and –DFO Fisheries Management Plans for projections into 2004

3. BCMAFF Seafood Development 2002 v 2001 2002 Harvest (‘000 tonnes) Landed Value ($millions) Wholesale Value ($millions) Exports ($millions) Aquaculture (+22%) 94 (+5%) 305 (+11%) 389 Commercial Fisheries (+7%) 1 94 (--) 364 (+9%) 759 Total BC (+12%) 288 (+2%) 668 (+10%) 1,148 (+6%) 1,030 2001 Harvest (‘000 tonnes) Landed Value ($millions) Wholesale Value ($millions) Exports ($millions) Aquaculture 77289349 Commercial Fisheries 181364695 Total BC 2586531,044975

4. BCMAFF Seafood Development 2002 HIGHLIGHTS The total wholesale value of all processed seafood products rose 10% to $1.148 billion Top commodities/species for 2002 with wholesale value exceeding $50 million (m): Atlantic Salmon -- $ 32 m Roe Herring --$114 m Sockeye -- $103 m Halibut -- $60 m Crabs -- $51 m Geoducks -- $51 m

5. BCMAFF Seafood Development 2002 Highlights Imports of US sockeye for canning increased from 770 tonnes in 2001 to 2,000 tonnes in 2002 Wild salmon harvest up 45% to 33,000 tonnes Wild salmon harvest shares for 2002 were: chum 37%, sockeye 30%, pink 26%, chinook 5% and coho 2% Farmed salmon harvest up 26% to 85,400 tonnes

6. BCMAFF Seafood Development BC Seafood Wholesale Value (1991-2002)

7. BCMAFF Seafood Development Exports of BC Fish and Seafood Products 1988 - 2003

8. BCMAFF Seafood Development BC v Canada Seafood Exports 1993 - 2003

9. BCMAFF Seafood Development OUTLOOK 2003 Based on 2003 export data to end of September indications are: Overall BC total shipments are projected to increase 7% and export value to reach $1.047 billion Export prices for all wild and farmed salmon species will be up in 2003

10. BCMAFF Seafood Development Outlook 2003 Wild salmon shipment volumes similar to 2002 Volume of shipments of Atlantic salmon down 15% Herring volumes and values similar to 2002 Halibut shipments down, while prices are up ($11.45/kg v. $6.77/kg for the same period in 2002)

11. BCMAFF Seafood Development Outlook 2003 Crab shipments up and export value is projected to increase 30% from $30 million to $42 million Shrimp/prawn shipments up and export value is projected to almost double to $41 million from $21 million last year Geoduck shipments up and export value is projected to increase from $ 33 million to $40 million

12. BCMAFF Seafood Development BC Seafood Industry Outlook 2003 HarvestLanded ValueWholesale Value Wild Salmon Farmed Salmon Herring Halibut Groundfish Wild Shellfish Farmed Shellfish Other Species Total BC

13. BCMAFF Seafood Development 2003 EXPORT MARKETS Top 5 markets US, Japan, Hong Kong, PR China and UK Exports to US & Japan down slightly (3%) Exports to Hong Kong up 18%, to PR China up 19%, and to UK up 37% Growing markets in Taiwan, Korea, Thailand, Germany, France, Spain and New Zealand.

14. BCMAFF Seafood Development The Look Ahead to 2004 HarvestLanded ValueWholesale Value Wild Salmon Farmed Salmon Herring Halibut Groundfish Wild Shellfish Farmed Shellfish Other Species Total BC