FISHTECH 7 th International Abalone Symposium, July 2009, Pattaya, Thailand H. Roy Gordon, Fishtech, California Peter A. Cook, University of Western Australia.

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Presentation transcript:

FISHTECH 7 th International Abalone Symposium, July 2009, Pattaya, Thailand H. Roy Gordon, Fishtech, California Peter A. Cook, University of Western Australia WORLD ABALONE SUPPLY, MARKETS AND PRICING: HISTORICAL, CURRENT AND FUTURE PROSPECTIVES

The figure below shows the worldwide total of abalone from all sources (Fisheries Landings, Illegal Catch, and Cultured Production). 20,370 22,667 Note: 2008 value is an estimate 44,510 (est.) GLOBAL SUPPLY OF ABALONE FROM ALL SOURCES 1970/2008 Information: Fishtech, California

19,720 14,830 10,146 8,846 8,650 (est.) FAO (Fisheries and Aquaculture , adjusted to “in-shell” weight). Information: Fishtech, California TOTAL WORLD FISHERIES LEGAL LANDINGS 1970 THROUGH 2008 (est.)

WORLD FISHERIES LEGAL LANDINGS BY COUNTRY (est) Australia5,742mt5,000mt Japan1,200mt1,200 New Zealand1,504mt1,500mt South AfricaZero Mexico400mt750mt Misc. Countries200mt Total9,046mt8,650mt (FAO actual adjusted for “in shell” weight) Information: Fishtech, California

ILLEGAL CATCH BY COUNTRY (ESTIMATED 2008) Australia1,500mt New Zealand1,000mt South Africa2,000mt Mexico400mt USA200mt Misc. Countries200mt TOTAL5,300mt ABALONE WILD FISHERIES FACING WORST CRISIS IN HISTORY Information: Fishtech, California

1,220 8,700 30,414 (est.) ? TOTAL GLOBAL FARM PRODUCTION

FARM PRODUCTION COUNTRY BY COUNTRY 2008 (est.) 30,760mt Information: Fishtech, California

FALLING MARKET PRICES: THE PERFECT STORM Increased production Farms up over 300% in 5 years World economy Asian stock markets lose as much as 60% value in 1 year Illegal catch Sales possible only by underselling market Looking to limited markets Farms from Chile, Korea, South Africa and others looking at a few Asian countries Information: Fishtech, California

SOME STEPS TO CONSIDER ON THE FARM Labor cost reductions through farm design revisions Certification (improve product and quality, improve price) Farm maintenance changes Multi-User Cooperation

EXAMPLES OF CREATIVE THINKING NEW DIRECTIONS, NEW PRODUCTS

EXAMPLES OF CREATIVE THINKING NEW DIRECTIONS, NEW PRODUCTS

EXAMPLES OF CREATIVE THINKING NEW DIRECTIONS, NEW PRODUCTS

THANK YOU