EP 645 | AIRED 06/19/2023
2023 Summer Salmon Update: Sockeye Salmon
June 19th, 2023 - Here is your Sockeye Salmon update as the industry prepares for the 2023 Summer Salmon Season.
Global Sockeye production this year is forecast to be down 31 percent when compared to 2022, in large part due to Bristol Bay's record breaking Sockeye harvest - otherwise the season should look similar to 2021.
Globally, 156,000 metric tonnes - 344 million pounds - or 71 million Sockeye were harvested in 2021.
The level of remaining 2022 inventory will influence prices for Alaska Sockeye in 2023.
U.S. retail trade data show consumer prices for Sockeye Salmon dipped in late 2022 early 2023, and the price premium for wild Sockeye compared to farmed Atlantic Salmon narrowed.
Sockeye (alongside Chinook) kicked off the Alaska Summer Salmon Season with the prominently marketed Copper River Salmon in May.
With over 500,000 Sockeye already harvested, the pace of this year's fishing is considered good and the peak of the Sockeye harvest in Alaska should happen between the last week of June and the third week of July.
Alaska's Sockeye forecast is for about 48.2 million fish, 246 million pounds, or 111,000 metric tonnes.