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THE QUEBEC REGION BULLETIN
APRIL - MAY 2009/VOLUME 12/NUMBER 2
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QUEBEC’S FISHING INDUSTRY
2008 REPORT

In 2008, Quebec’s fishers landed 58,489 t of fish and crustaceans with a value of $140.3 million.

Shrimp, snow crab and lobster dominated in both volume (69%) and value (86%), followed by groundfish, mostly Greenland halibut and cod.

LANDINGS BY SPECIES

Volume (58,489 t)

Value ($140.3 million)
Volume chart Value chart

LANDINGS BY MARITIME SECTOR

Volume (58,489 t)
Value ($140.3 million)
Volume chart Value chart

The Gaspé Peninsula led the other two maritime sectors in terms of landing value (over $67.3 million), followed by the Magdalen Islands ($42.0 million) and the North Shore ($31.0 million).

Shrimp and snow crab were the principal species caught on the Gaspé Peninsula, while snow crab dominated on the North Shore and lobster headed the list on the Magdalen Islands.

Although the total volumes of the species landed have remained relatively stable over the last decade, landing values have fluctuated widely, essentially because of variations in the prices paid for snow crab, lobster and shrimp.

In 2004, the total value of landings peaked at $200 million, spurred primarily by the high landing price paid for snow crab. Total values for the principal species declined thereafter, pushed downward by market prices, a situation worsened by the current economic situation.

EXPORTS

Over 70% of Quebec’s marine products, worth more than $230 million, are exported to markets around the world. The United States are by far our principal market, with nearly 80% of our product being shipped there, followed by Europe which takes 11%.

Snow crab, shrimp and lobster together account for nearly 60% of Quebec’s exports.

Quebec ranked fifth amongst Canadian provinces for its fish and seafood exports in 2008.

The data for 2008 provided in this article include estimated supplementary purchase slips (SPS).


Christina Haché
Policy and Economics