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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 on theme: "FISHTECH 7 th International Abalone Symposium, July 2009, Pattaya, Thailand H. Roy Gordon, Fishtech, California Peter A. Cook, University of Western Australia."— Presentation transcript:

1 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

2 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

3 19,720 14,830 10,146 8,846 8,650 (est.) FAO (Fisheries and Aquaculture 1989 - 2006, adjusted to “in-shell” weight). Information: Fishtech, California TOTAL WORLD FISHERIES LEGAL LANDINGS 1970 THROUGH 2008 (est.)

4 WORLD FISHERIES LEGAL LANDINGS BY COUNTRY 20062008 (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

5 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

6 1,220 8,700 30,414 (est.) ? TOTAL GLOBAL FARM PRODUCTION

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

8 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

9 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

10 EXAMPLES OF CREATIVE THINKING NEW DIRECTIONS, NEW PRODUCTS www.phuketabalone.com/products.html

11 EXAMPLES OF CREATIVE THINKING NEW DIRECTIONS, NEW PRODUCTS

12 www.phuketabalone.com/products.html EXAMPLES OF CREATIVE THINKING NEW DIRECTIONS, NEW PRODUCTS

13 THANK YOU

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