Tuesday, March 15, 2011

Australian fisheries production and trade

The growth in global aquaculture, particularly in the Asian region, has been a major global trend that has increased. There is competition in global markets for Australian fishers, and import competition in local markets, reports the Australian Bureau of Agricutlural and Reseource Economics and Sciences in the Australian Fisheries Outlook and Economic Indicators.

The gross value of Australian fisheries production is estimated to have declined by 4.3 percent in 2009–10 to $A2.1 billion. Large falls in the value of tuna production (34 percent), rock lobster production (nine percent ) and abalone (five percent) were offset by rises in the production value of salmonids (three percent) and prawns (10 percent). Australia’s fishery production remained focused on producing high-value products of rock lobster, salmon, prawns, tuna, and abalone. Together, these species were valued at $A1.4 billion in 2009–10, accounting for 64 percent of total Australian fisheries production. Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.
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