Sales of aquaculture products and services increased 47.0% from 2015 to $1.339 billion in 2016. The increase in sales was largely attributable to higher prices of finfish products, as finfish production rose a modest 6.0%.
Finfish sales, which accounted for 93.2% of sales of aquaculture products and services in 2016, increased 51.1% to $1.248 billion.
The gross value added to the economy by the aquaculture industry increased 228.8% from 2015 to $591.2 million. The increase was primarily the result of rising operating revenue.
The value of total exports of farmed salmon including fillets increased by 38.3%, while the value of farmed mussel exports increased by 13.5% compared with 2015.
Note to readers
Aquaculture production and value data are provided annually from each of the provincial ministries responsible for aquaculture. Producers must report their production and value as part of their provincial licensing agreements.
Canadian export statistics are obtained from administrative records.
Revenue, expense and inventory data come from the 2016 Annual Survey of the Aquaculture Industry.
The publication Aquaculture Statistics has been discontinued as of November 17, 2016. All the data for this product can be found in CANSIM tables 003-0001: Aquaculture, production and value; 003-0003: Aquaculture economic statistics, value added account; 003-0106: Aquaculture, exports of selected Canadian aquaculture products, by destination.
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).
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