Export opportunities for seafood producers
AS ONE of only a few developed countries perfectly suited to aquaculture, Australia has the potential to create a “very successful export-orientated seafood industry”, according to a visiting global sector expert.
Rabobank’s Netherlandsbased senior analyst Gorjan Nikolik – who was recently in the country to speak at the Australian Prawn Farmers Association Symposium – was upbeat about the future of the Australian seafood industry.
“Australia, with its enormous coastline, varying climatic conditions and proximity to Asia is very well placed to become a large seafood exporter,” he said.
“However, while the potential is definitely there, a lot of work remains to be done in regards to ramping up infrastructure and market access. Currently Australia is a very small player in the wild catch and aquaculture market, contributing less than 5% of the world’s seafood exports.
“That said, a number of producers here have large expansion projects due to come online in the next couple of years and that could definitely flip the switch for Australian seafood exports.”
Australia’s reputation for strong biosecurity has been a key selling point for the exports.
INDUSTRY REPORT: Rabobank’s analysts see a bright future for Australian seafood.