2010-2011 Makivik Annual Report

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Unaaq Fisheries
Les Pêcheries Unaaq
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shrimp harvested and processed are sold either in the
Chinese or Russian markets with smaller markets existing
in Europe and the Ukraine.
Over the years this resource has lost considerable value
because there were a lot of shrimp, so the price dropped.
Most recently however there has been a surge in prices
and shrimp are less plentiful. There was a small increase
in price as expected when importers stocked up for the
Christmas/New Year season, but this time the increase
is lasting longer than usual and there is no sign in the
market to indicate a drop in price because the demand
remains high.
The Canadian fishery is experiencing changes. Quotas
in certain areas have been reduced because of a shift or
decrease in local biomass while catches in other areas have been
seasonal, sporadic or patchy.
As in past years several Inuit fishermen are employed aboard
these vessels. Although many left the fishery in the past years
due to lower crew shares, some are drawn back because the
value of the crew shares increases with price.
The world shrimp market is a mix of warm water shrimp that
are usually cultivated, and coldwater shrimp that are usually
wild. This year aquaculture operations have been hit by several
problems. Production is much lower due to adverse weather,
disease and high costs of feed. Many producers have switched
to other species, which will give better results. In the absence of
warm water shrimp in the market, our higher valued coldwater
product becomes an alternative.
versées aux membres d’équipage, certains sont revenus attirés
par l’augmentation récente des prix.
Le marché mondial de la crevette est composé de crevettes
d’eau chaude qui sont habituellement cultivées, et de crevettes
d’eau froide sauvages. Cette année, les activités aquacoles ont
connu de nombreux problèmes. La production est beaucoup plus
faible en raison de conditions météorologiques défavorables, de
maladie et du coût élevé des aliments. Plusieurs producteurs se
sont tournés vers d’autres espèces, ce qui permettra d’obtenir
de meilleurs résultats. En l’absence de crevettes d’eau chaude
sur le marché, nos produits à forte valeur ajoutée deviennent
plus attrayants.
mr{[4• Makivik Corporation • Société Makivik
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