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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

November 21, 2019
AQUACULTURE STATISTICS, 2018

Canada's aquaculture produced 191,259 tonnes of finfish and shellfish products in 2018 (including restocking), with a value of $1.43 billion.  Canada's largest aquaculture producers are British Columbia and New Brunswick, who account for two thirds of production volume and 77 per cent of production value.  Nova Scotia's aquaculture industry produced 10,118 tonnes of output in 2018 with a value of $88.6 million.

In 2018, Nova Scotia's value of aquaculture product per tonne was above the national average at $8,757.  New Brunswick's aquaculture had the highest value per tonne while Prince Edward Island's had the lowest.    

Nova Scotia's aquaculture output declined in volume and value in 2018, coming off a large increase reported in 2017.  Compared with 2007, Nova Scotia's aquaculture production is little changed in volume terms, but the value of this output grew at an annual average rate of 15.9 per cent per year.  


Value Added

After rising by over 57 per cent in 2017, the value of real GDP in Nova Scotia's aquaculture industry declined by 25.3 per cent in 2018.  British Columbia and New Brunswick generate the largest amount of real GDP from aquaculture, followed by similar output from Nova Scotia, Newfoundland and Labrador and Prince Edward Island.  Since 2007, Nova Scotia's real GDP from aquaculture has grown at an annual average rate of 4.0 per cent per year.  The fastest growth in real GDP from aquaculture over this time was observed in Newfoundland and Labrador (+11.5 per cent), followed by Ontario (+6.8 per cent) and New Brunswick (+6.6 per cent).

 

Source: Statistics Canada.  Table  32-10-0107-01   Aquaculture, production and valueTable  36-10-0402-01   Gross domestic product (GDP) at basic prices, by industry, provinces and territories (x 1,000,000)



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