Figure 7.- -Domestic and import value and production 

 of cod- liver oil. 



IMPORT AND DUTY RATES 



Rejuvenating an active fishery for dogfish 

 will also be contingent on the ability of local 

 fishermen to compete with similar or like 

 imported products. Imports of fish-liver oils 

 have historically exceeded domestic production 

 (tables 4 and 5) of like products. Cod-liver 

 oil has dominated fish-oil shipments to the 

 United States. Large quantities were being 

 imported as early as 1940 (fig. 7). Shark-oil 

 imports increased rapidly in 1947, and in 1948 

 they surpassed domestic production. Since 

 1953, imports of shark oils have declined to 

 where, in 1956, they were about equal to local 

 production. 



The rapid increase in shark-oil imports 

 between 1947 and 1953demonstrates the ability 

 of foreign competition to participate in any 

 markets we may develop for dogfish. The 

 trend in domestic production of shark oils 

 as related to imports (fig. 4) has been for 

 local production to collapse when imports of 

 shark oil increase. A similar import situation 

 could develop if new products of value are 

 developed for dogfish. The advantages of these 

 developments might, thus, be eliminated. 



The possibilities of increased duty rates 

 should be considered if markets are developed 

 for dogfish. Present duty rates (fig. 8) will not 

 suffice. 



Figure 8.--Average duty rates for shark oils as percent 

 of product value. The rate shown is total cost of the 

 import as a percent of its value and includes the duty 

 rate plus the Internal Revenue tax. 



17 



