Fishermen in Maine enjoyed a strong year in 2023 with earnings up almost 5% on the previous year.
Data released by the Maine Department of Marine Resources (DMR) shows commercial fishermen netted US$611,277,692 last year, thanks to a strong boat price for lobster.
“The Maine seafood industry continues to be a powerful economic engine for our state,” said Governor Janet Mills. “The dedication to sustainability and premium quality by our fishermen, aquaculturists and dealers is a source of tremendous pride for everyone who calls Maine home.”
Lobster was Maine’s most valuable species in 2023, accounting for more than three quarters of sale value. Net prices increased from US$3.97 per pound in 2022 to US$4.95, totalling US$464,371,720 for the year.
Maine’s elver fishery once again was the second most valuable in 2023, earning fishermen US$19,508,478 on the strength of a US$2,009 per pound price. The Atlantic States Marine Fisheries Commission American Eel Board has confirmed that quotas remain unchanged preventing a potential loss of millions of dollars in income.
Third most valuable are softshell clams, earning US$13,881,073 last year. Fourth were marine oysters netting over US$11 million thanks to a 20% per pound increase. Menhaden, used for bait in the lobster fishery, was fifth with a landing value of more than US$10 million.
Maine’s groundfish industry also saw an increase in landings and a more stable price thanks in part to investments DMR made in the Portland Fish Exchange, Vessel Services, and the Maine Coast Fishermen’s Association with Covid relief funds from NOAA.
