April 30, 2024 — The Alaska seafood industry remains an economic juggernaut, but it is under strain from forces outside of the state’s control, according to a new report commissioned by the state’s seafood marketing agency.
The report from the McKinley Research Group, titled The Economic Value of Alaska’s Seafood Industry, is the latest in a periodic series commissioned by the Alaska Seafood Marketing Institute.
The total economic value of the Alaska seafood industry in 2021 and 2022 was $6 billion, slightly more than the $5.6 billion tallied in 2019, the last full year prior to the COVID-19 pandemic, according to the new report and the previous version published in 2022.