Commercial Shrimp Industry

Mississippi Commercial Shrimp Industry

The annual Mississippi commercial landings and dockside values of all shrimp species, primarily white and brown shrimp, are shown below from 1950 to the present (Fig. 1-2). From 1950 to 1983, yearly landings averaged about 8.3 million pounds, valued at $5.2 million (Fig. 3). Higher annual landings were reported from 1984 to 2004, averaging 13.9 million pounds and valued at $26.2 million yearly. Since 2005, commercial landings have declined to 8.5 million pounds, valued lower, averaging $14.9 million annually.

In response to requests by state regulatory agencies and seafood organizations, the 2009 (and later) economic contributions of the Mississippi seafood industry by major species were imputed from state estimates published by NOAA Fisheries. Extension and research publications were developed to document the economic contributions of Mississippi's major seafood species that landed, processed, sold, and consumed.

Sales are the gross sales by businesses within the economic region affected by an activity. Sales, income, value-added, and tax contributions are measured in dollars. Employment or job contribution is expressed in terms of a mix of both full-time and part-time jobs. The total economic contribution is the sum of direct, indirect, and induced contributions.

The economic contributions of the shrimp industry in 2009 are shown in the table below. The sales contributions reached $142 million in 2009, generating over 3,000 full-time and part-time jobs. The income contribution was $57 million, and the value-added created was $73 million. The industry added tax impacts over $6 million.

Table 1 shows estimates of the 2009 economic contributions of the Mississippi shrimp industry from MAFES Bulletin 1209.

The 2011 economic contributions of the Mississippi shrimp industry are shown in the table below. The shrimp industry's sales contributed more than $132 million in 2011. The industry created almost 3,000 full-time and part-time jobs in the same year and generated income contribution of over $52 million. The industry produced value-added contributions reaching over $67 million and tax impacts over $10 million.

Table 2 shows estimates of the 2011 economic contributions of the Mississippi shrimp industry from Economic Contributions of the Mississippi Shrimp Industry | Coastal R&E (msstate.edu).

The 2015 estimates of the economic contributions of the shrimp industry in Mississippi are shown below. The sales contribution totaled $215 million and generated 4,276 full-time and part-time jobs. The income contribution was $88.5 million, and the value-added created was $112.4 million.

Table 3 shows the estimates of the 2015 economic contributions of the Mississippi shrimp industry from Extension publication 3194.

The 2020 estimates of the economic contributions of the shrimp industry in Mississippi are shown below. The sales contribution was lower, totaling $166.8 million, and generated 2,995 full-time and part-time jobs. The income contribution was $67 million, and the value-added created was $99.1 million.

Table 4 shows the estimates of the 2020 economic contributions of the Mississippi shrimp industry from Extension publication P3954.