Alaska’s seafood industry lost $1.8 billion last year, NOAA report says

A variety of market forces combined with fishery collapses occurring in a rapidly changing environment caused Alaska’s seafood industry to lose $1.8 billion from 2022 to 2023, a new federal

“For many Alaskans the decline of their seafood industry affects their pocketbooks, presents food security concerns, and impacts their way of life, sense of place, community, and identity. In the face of evolving climate-driven impacts to ecosystems and fisheries in the region, these recent market disruptions undermine the capacity of all segments of the seafood industry and associated fishing communities to be resilient and survive in fisheries now and in the future,” the report said.

The Alaska seafood problems have exacerbated some social inequities and even contributed to physical health problems, the report said. Fishers have also admitted that they sometimes try to harvest in dangerous weather to make up for losses, thus putting their safety at risk, or neglect medical problems because they lack the money to pay for treatment, the report said.

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Alaska’s seafood industry lost $1.8 billion last year, NOAA report saysThe array of economic and environmental challenges has devastated one of Alaska’s main industries, said the report. And the losses extend beyond economics, casting doubt on prospects for the future, the report said.
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