In response to requests by state regulatory agencies and seafood organizations, the 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 the major seafood species landed, processed, sold, and consumed in Mississippi.
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 as a mix of 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 and generated over 3,000 full-time and part-time jobs. Income contribution was $57 million, and value-added created was $73 million. The industry added tax impacts over $6 million.
| 2009 Economic Impacts of Mississippi Shrimp Industry By Sector Without Imports | |||||
| Sector | Sales impacts (M$) |
Job impacts | Income impacts (M$) |
Value-added impacts (M$) |
Indirect tax impacts (M$) |
| Harvesting | 20.27 | 412 | 6.27 | 9.08 | 0.62 |
| Processing | 53.65 | 711 | 21.23 | 26.60 | 1.06 |
| Wholesaling | 7.82 | 84 | 2.76 | 3.48 | 1.01 |
| Fish markets | 9.29 | 220 | 4.59 | 5.64 | 1.33 |
| Restaurants | 50.75 | 1,664 | 22.59 | 28.54 | 2.72 |
| Total | 141.77 | 3,091 | 57.44 | 73.34 | 6.73 |
The estimates of the 2009 economic contributions of the Mississippi shrimp industry are available in MAFES Bulletin 1209.
The 2011 economic contributions of the Mississippi shrimp industry are shown in the table below. The shrimp industry's sales contributions exceeded $132 million in 2011. The industry created almost 3,000 full-time and part-time jobs in the same year and generated an income contribution of over $52 million. The industry produced value-added contributions exceeding $67 million and tax impacts exceeding $10 million.
| 2011 Economic Impacts of Mississippi Shrimp Industry By Sector Without Imports | |||||
| Sector | Sales impacts (M$) |
Job impacts | Income impacts (M$) |
Value-added impacts (M$) |
Tax impacts (M$) |
| Harvesting | 30.14 | 592 | 9.06 | 13.32 | 1.47 |
| Processing | 41.80 | 552 | 16.54 | 20.72 | 1.55 |
| Wholesaling | 5.10 | 55 | 1.80 | 2.27 | 0.57 |
| Fish markets | 7.64 | 181 | 3.78 | 4.64 | 1.28 |
| Restaurants | 47.44 | 1,550 | 21.13 | 26.69 | 5.39 |
| Total | 132.13 | 2,929 | 52.30 | 67.64 | 10.26 |
Updated 2015 estimates of the economic contributions of Mississippi's shrimp industry are shown below. The sales contribution totaled $215 million and generated 4,276 full-time and part-time jobs. Income contribution was $88.5 million, and value-added created was $112.4 million.
| 2015 Economic contributions of Mississippi shrimp industry by sector and type | |||||
| Sector | Sales contributions (M$) |
Job contributions | Income contributions (M$) |
Value-added contributions (M$) |
|
| Commercial harvesters | 19.7 | 367 | 6.2 | 8.9 | |
| Seafood processors & dealers | 81.9 | 977 | 32.4 | 40.6 | |
| Seafood importers | 0.5 | 2 | 0.1 | 0.2 | |
| Seafood wholesalers & distributors | 14.2 | 138 | 5.0 | 6.3 | |
| Seafood retailing | 99.0 | 2,792 | 44.8 | 56.4 | |
| Total | 215.4 | 4,276 | 88.5 | 112.4 | |
Recent 2020 estimates of the economic contributions of Mississippi's shrimp industry are shown below. The sales contribution totaled $166.8 million and generated 2,995 full-time and part-time jobs. Income contribution was $67.0 million, and value-added created was $991 million.
The estimates of the 2020 economic contributions of the Mississippi shrimp industry are available in Extension Publication P3954.
Sectoral Economic Impacts of Seafood Industry