Prices 



Tlie Exvessel Price table is an index of changes in the 

 relative dockside value offish and sheUfish sold by fisliiiig 

 vessels. The table indexes the average annual exvessel 

 value (price per pound) received for each species or 

 group to die average price per pound received for the 

 same species or group in the base year 1982. 



The exvessel pnce for each vearwas obtained by dividing 

 total value for each species or group by its total quantin,- 

 as reported in the U. S. commercial landings tables on 

 pages 8 thru 1 3. The index for each species or group 

 was obtained by multiplying the current annual price by 

 the total quantit}' caught in 1982 (the base year). That 



number was then divided by the 1982 value to obtain the 

 final index: 



(100 X Current price X 1982 quantity) = Index 

 1982 Annual value 



Each index number measures price changes trom the 

 1982 reference period when the index equaled 100. A 

 species of fish that sold for $0.75 a pound m 1986 and 

 a $1.00 a pound in 1982 would have an index of 75 in 

 1986. In 2003, if the price of the same species increased 

 to $1.07, the index in 2004 would be 107. 



Percent Changes in the Exvessel Price Index, 1998-2004 

 (Change Relative to Base Year = 1982) 



Edible Finfish ■ Edible Shellfish D Industrial Fish 



85 



