Regional Review on Status and Trends in Aquaculture Development in North America - 2010
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The aquaculture industry in North America produced 644 213 metric tonnes of product in 2008 with an estimated value of US$1 622 460. This represents an annual percentage increase over the previous decade of 1.8 percent by volume and 4.5 percent in value. The finfish industry is at the forefront of the aquaculture sector led by production of Atlantic salmon in Canada and channel catfish in the United States of America. There is potential for significant increases in North American production a nd both the Canadian and American governments have projections for expansion of their aquaculture industries. Canada estimates that by 2020 production could exceed 308 000 tonnes with farm-gate value of US$1.6 billion. The United States Department of Commerce estimates that domestic aquaculture production has the potential to increase in value from US$1 billion to more than US$3 billion by 2025. Future significant growth in the North American aquaculture industry will require policies and regula tions that protect the environment while insuring the economic viability of the sector in an increasingly competitive international arena.