Australia expects to increase farmed salmon production

Published 2021년 10월 25일

Tridge summary

The Australian government has reported a shift in the country's aquaculture industry, with farmed salmon now surpassing fisheries as the primary product. The Australian Fisheries and Aquaculture Statistics Report showed a 10% increase in the gross value product of aquaculture to A$1.6 billion ($1.16 billion), while fishery production fell 12% to A$1.58 billion ($1.14 billion). This growth is largely due to the expansion of the Atlantic salmon industry in Tasmania, which now accounts for 35% of Australia's fisheries and aquaculture industry. However, there are concerns about potential declines in production in Chinese waters due to trade disputes, which could impact exports of chicken prawns and abalone.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Australian government said that farmed salmon production has surpassed that of fisheries, making salmon the country's main aquaculture product. According to the Australian Fisheries and Aquaculture Statistics Report last year, the gross value product (GVP) of aquaculture was A$1.6 billion ($1.16 billion), up 10% year-on-year, while fishery production fell 12% to A$1.58 billion. dollars ($1.14 billion). This growth in aquaculture is mainly driven by the growth of the Atlantic salmon industry in Tasmania. In fact, the Atlantic salmon farming industry is currently valued at 35% of Australia's fisheries and aquaculture industry. In the midst of this, an Australian fisheries representative insisted on being aware of the risk of declining production in Chinese waters due to the current trade dispute with China. In fact, according to this report, as of the end of last year, exports of chicken prawns and abalone ...
Source: Susantimes

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