The Australian seafood industry has created a plan to boost exports
Seafood
Australia
Published Sep 13, 2022
Tridge summary
The Australian seafood industry has created an export plan for the first time, with the hope of increasing the country's export market to $2 billion by 2030.
Original content
Chief executive officer Veronica Papacosta says the need was identified out of COVID, with the pandemic largely blamed for a 14 per cent decline in exports to $1.2 billion in recent years. “Given that a lot of our product is traded live … our export markets were shut down,” she said. Papacosta said COVID helped producers realise they weren’t prepared for a crisis. The seafood industry was one of the first industries in Australia to be impacted by COVID with exports to China ceasing when that country went into lockdown. The export plan focuses on collaboration among producers as well as the creation of a great Australian seafood brand for the export market. “From an Australian brand perspective, it’s not just the pristine waters, it’s also the fact that we invest quite heavily in traceability and certification, that buying Australian seafood is sustainable,” Papacosta said. The plan targets a number of seafood sectors, including the industry leader, lobster, which pre COVID was ...
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