6 Cost Summary

## Warning: package 'scales' was built under R version 4.3.3
primary_comm_gear_2022 observations mean_cost med_cost
Dredge_Scallop 29 599579 451753
Gillnet 10 119434 112268
Handgear 59 68241 30327
Longline 4 231125 214448
Pot/Trap 161 245764 174661
Seine 3 637865 436876
Trawl 29 504983 358071
primary_comm_fmp_2022 observations mean_cost med_cost
Dogfish 3 63940 49381
Fluke, BSB, Scup 23 149243 85939
Groundfish 7 597651 555304
Herring 4 596946 491938
Highly Migratory Species 34 109658 59160
Lobster 153 248121 177961
Monkfish 3 141591 152922
Other 17 227303 116530
Scallop 28 615621 523855
Squid, Mackerel, Butterfish 9 595536 327253
Striped Bass 12 20582 15712
primary_gear_fmp_2022 observations mean_cost med_cost
Dredge_Scallop-Scallop 28 615621 523855
Gillnet-Monkfish 3 141591 152922
Gillnet-Other 7 109937 108006
Handgear-Fluke, BSB, Scup 8 38340 25672
Handgear-Highly Migratory Species 31 91558 40733
Handgear-Other 10 71469 46960
Handgear-Striped Bass 10 16649 13530
Longline-Highly Migratory Species 3 296689 247766
Pot/Trap-Fluke, BSB, Scup 6 79618 86039
Pot/Trap-Lobster 151 249435 177961
Pot/Trap-Other 4 356436 146950
Trawl-Fluke, BSB, Scup 9 294239 321032
Trawl-Groundfish 5 778262 595534
Trawl-Other 7 393869 195462
Trawl-Squid, Mackerel, Butterfish 8 668494 490242
## Warning: package 'ggplot2' was built under R version 4.3.3
primary_comm_gear_2022 observations RMUI Vessel Trip Crew Overhead
Dredge_Scallop 29 0.17 0.20 0.09 0.47 0.07
Gillnet 10 0.19 0.07 0.35 0.30 0.10
Handgear 59 0.46 0.18 0.16 0.13 0.07
Longline 4 0.41 0.18 0.17 0.17 0.08
Pot/Trap 161 0.23 0.10 0.28 0.30 0.08
Seine 3 0.14 0.08 0.02 0.73 0.04
Trawl 29 0.24 0.13 0.16 0.41 0.06

primary_comm_fmp_2022 observations RMUI Vessel Trip Crew Overhead
Dogfish 3 0.20 0.08 0.36 0.25 0.10
Fluke, BSB, Scup 23 0.29 0.11 0.21 0.32 0.07
Groundfish 7 0.21 0.08 0.22 0.41 0.08
Herring 4 0.21 0.29 0.09 0.34 0.07
Highly Migratory Species 34 0.45 0.17 0.15 0.17 0.07
Lobster 153 0.23 0.10 0.28 0.30 0.09
Monkfish 3 0.16 0.05 0.50 0.21 0.08
Other 17 0.20 0.08 0.18 0.48 0.05
Scallop 28 0.17 0.20 0.09 0.47 0.07
Squid, Mackerel, Butterfish 9 0.28 0.12 0.13 0.41 0.05
Striped Bass 12 0.28 0.27 0.23 0.08 0.13
primary_gear_fmp_2022 observations RMUI Vessel Trip Crew Overhead
Dredge_Scallop-Scallop 28 0.17 0.20 0.09 0.47 0.07
Gillnet-Monkfish 3 0.16 0.05 0.50 0.21 0.08
Gillnet-Other 7 0.20 0.08 0.26 0.35 0.11
Handgear-Fluke, BSB, Scup 8 0.41 0.21 0.31 0.02 0.06
Handgear-Highly Migratory Species 31 0.47 0.16 0.14 0.16 0.06
Handgear-Other 10 0.47 0.18 0.17 0.09 0.09
Handgear-Striped Bass 10 0.30 0.33 0.19 0.03 0.14
Longline-Highly Migratory Species 3 0.41 0.19 0.15 0.17 0.08
Pot/Trap-Fluke, BSB, Scup 6 0.37 0.19 0.24 0.14 0.06
Pot/Trap-Lobster 151 0.23 0.10 0.28 0.30 0.09
Pot/Trap-Other 4 0.23 0.10 0.30 0.33 0.04
Trawl-Fluke, BSB, Scup 9 0.26 0.08 0.20 0.39 0.07
Trawl-Groundfish 5 0.21 0.07 0.23 0.41 0.08
Trawl-Other 7 0.18 0.26 0.10 0.40 0.06
Trawl-Squid, Mackerel, Butterfish 8 0.28 0.12 0.13 0.42 0.05

By primary gear, the order of costs from highest to lowest follows the same order as with revenue- scallop dredge, trawl, pot/trap, gillnet, handgear. scallop dredge and trawl again have mean and median values more than twice of those for other gear types. These highest cost gear types are crew-intensive with crew expenses accounting for nearly 50% of total costs among scallop dredge and trawl vessels. Pot/trap and gillnet vessels have the highest share of trip expenses. For pot/trap vessels, this may be explained in part by the cost of bait. For handgear vessels, the lowest cost gear group, repair/maintenance is the largest share of costs. Overhead costs as a share of total are similar across primary gear groups, ranging from 7-10%.

By FMP, a number of fisheries have similar mean costs. Scallop vessels have the highest mean costs, though groundfish herring, and squid, mackerel, butterfish all have mean values within 5% of scallop vessels. A variety of primary species/fisheries are covered in the “Other” group including barracuda, bay scallop, cancer crab, eastern oyster, horseshoe crab, cutlassfish, king mackerel, menhaden, ribbonfish, shrimp, tautog, and whelk. The squid, mackerel, butterfish and scallop fisheries are the most crew-intensive, with crew expenses totaling 52% and 46% of total costs, respectively. The lobster fishery has relatively higher trip expenses than other FMPs, with 26% of total costs in this category.

When primary gear and FMP are combined, trawl-groundfish has the highest mean costs, while scallop dredge-scallop has the highest median costs. Within primary gear types, a considerable difference in costs is found across fisheries. For example, mean and median values for lobster pot/trap vessels are greater than those values for fluke, black sea bass, and scup pot/trap vessels. The top cost contributors are generally similar within a gear group and across fisheries. For example, all trawl fisheries have relatively high crew expenses. All handgear fisheries have relatively high repair/maintenance costs. Pot/trap fisheries have relatively high trip expenses, possibly due to the cost of bait.