Watkins Associated Industries Competition
Now Viewing Watkins Associated Industries's competition in: Commercial Fishing and Seafood Distribution
Call Preparation Questions
Customers, Marketing, Pricing, Competition
Have prices been stable in recent years? - Prices for most wild fish vary.
For fishers: How does the company sell its catch? - Some sell directly to processors or dealers; others auction their catch at dockside.
For processors and wholesalers: Where does the company buy fish (fresh and frozen)? - Dockside auctions, brokers, and wholesale dealers are the major sources.
For processors: What types of customers does the company sell to? - Fish markets, food stores, restaurants, and food companies are major customers.
For processors: How many labels does the company produce under? - A processor may produce the same canned or frozen product under dozens of private labels, as well as a "house" label.
How many large customers does the company have? -
Competitive Landscape
Consumer demand and changing tastes drive the industry. The profitability of individual operations depends on volume. Small companies can compete effectively with large ones in specialty or local markets. Processing plants that produce fresh and frozen products typically have between 50 and 250 workers and average annual revenue of $160,000 per worker. Canning operations are usually smaller, with fewer than 100 workers, but with higher throughput, about $200,000 of annual revenue per worker.
Full Industry Overview For Commercial Fishing and Seafood Distribution
Business Challenges
CRITICAL ISSUES
Regulators Often Restrict, Close Fishing Areas - To rebuild or maintain fish populations, regulators can ban fishing for particular species in specific areas, or fishing using specific types of gear. Such orders are often issued when the maximum permissible annual catch of a particular species in an area has been reached. Some fisheries can be closed for years.
Fish Prices can Vary Sharply - Prices are affected both by changing consumer tastes and the amount of fish available. Market prices for high-end restaurant species can vary more than 100 percent year to year. Prices for farmed fish, like catfish and salmon, are more stable than for wild fish because of steady supply.
Industries Where Watkins Associated Industries Competes
- Transportation Services
- Trucking
- Specialty Trucking(primary)
- Trucking
- Construction
- Food
- Insurance
