In Australia, aquaculture has become the most valuable seafood industry

According to a recent report by the Australian Bureau of Agricultural and Resource Economics and Sciences (Abares), aquaculture has become Australia's most valuable seafood industry, overtaking wild-caught fish for the first time in 2021-2022 in terms of gross value of production (GVP) and peaking at more than $2 billion. Minagro in the review of foreign media. Follow the news in a convenient format: Follow us on Twitter The GVP of the sector grew by 9% in 2021 and now accounts for 56% of the total value of the seafood industry. Demand for freshwater crayfish is insatiable, explained the president of the North Queensland Red Claw Farmers Association. And the prices are really good. As farmers, we just have a problem figuring out how to produce enough of them. If you can grow them, you can sell them. Dr Kelly Condon, a researcher at James Cook University and an expert in aquaculture, noted that the industry is growing with massive investment and improvements in sustainability and ...