News

Australia expects to increase farmed salmon production

Salmon
Australia
Published Oct 26, 2021

Tridge summary

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 decreased by 8% per year, which is interpreted as the influence of China's (unofficial) regulations on seafood imports.

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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