Fisheries Market Analysis and Reports | Canada Conference Series

Market Analysis - Fisheries 2017

Market Analysis:

Introduction: Aquaculture is the farming of aquatic organisms in both coastal and inland areas involving interventions in the rearing process to enhance production. It is probably the fastest growing food producing sector and now accounts for 50percentof the world’s fish that is used for food. Aquaculture plays an important role in ensuring a sufficient supply of nutritious food to feed the worlds growing population. It is a good source of protein, fatty acids, vitamins, minerals and essential micronutrients. Aquatic plants such as seaweeds are also an important resource for aquaculture as they provide nutrition, livelihood and other important industrial uses.

Global Market Segmentation:

Global fish production has grown steadily in the last five decades, with food fish supply increasing at an average annual rate of 3.2 percent, outpacing world population growth at 1.6 percent. World per capita apparent fish consumption increased from an average of 9.9 kg in the 1960s to 19.2 kg in 2012 (preliminary estimate). This impressive development has been driven by a combination of population growth, rising incomes and urbanization, and facilitated by the strong expansion of fish production and more efficient distribution channels.

Global total capture fishery production in 2014 was 93.4 million tonnes, of which 81.5 million tonnes from marine waters and 11.9 million tonnes from inland waters. For marine fisheries production, China remained the major producer followed by Indonesia, the United States of America and the Russian Federation. Catches of anchoveta in Peru fell to 2.3 million tonnes in 2014 – half that of the previous year and the lowest level since the strong El Niño in 1998 – but in 2015 they had already recovered to more than 3.6 million tonnes. For the first time since 1998, anchoveta was not the top-ranked species in terms of catch as it fell below Alaska pollock.

American Fisheries & Aquaculture Market segments:

The United States dominated regional production with 438000 mt in 1997, valued at US$771 million, while Canadian production of 83 000 mt earned US$322 million. The higher relative earnings for Canadian production reflect the dominance of Atlantic salmon, while channel catfish is the principal species cultured in the United States. In North America, the value of farmed salmon increased from US$82 million in 1988 to US$371 million in 1997, an APR of 18.3. Channel catfish production in the United States increased from 164 000 mt in 1988 to 238 000 mt in 1997, a 45 percent gain at an APR of 4.2. Production of other finfish species includes trout, sturgeon, striped bass, golden shiners and tilapia. Shellfish cultured in the region include American and Pacific cupped oysters, blue mussels, clams, crayfish and shrimp.

Europe Fisheries & Aquaculture Market segments:

Total fishery production covers total catches in the seven regions covered by EU Statistical Regulations as well as aquaculture production for human consumption. The monitoring of catches and aquaculture production is an essential tool for securing fish stocks and sustaining the common resources available in Europe’s large and rich fishing area. The total production of fishery products in the EU was an estimated 6.0 million tonnes of live weight equivalent (in other words, the mass or weight when removed from water) in 2013. It should be noted that this figure excludes catch data for the Czech Republic, Hungary, Luxembourg, Austria and Slovakia, which are landlocked countries without a marine fishing fleet. The EU figure for 2013 suggests there was a rise in fishery production (+ 6.5 % compared with 2012), contradicting the steady decline noted over the previous 13 years (– 28.5 % from 2000 to 2012). This rise in total production was only due to increased catches given the decline of aquaculture production

Asia pacific Fisheries & Aquaculture market segments:

According to official statistics, production in a number of Asia-Pacific fisheries peaked in the last two decades and is now stable or declining, depending on the area being fished. Highly intensive fishing, especially in trawl fisheries, targeting shrimp and other demersal species has also led to a change in catch composition. The share in landings of fast growing and short-lived species and the catch of small-sized juveniles of commercially important fish species is steadily increasing (so-called “fishing down the food chain”). There is also evidence (e.g. Gulf of Thailand) that the abundance of species at higher levels in the food chain has seriously declined with a resulting higher risk to biodiversity and increased vulnerability of fisheries. There is little doubt that the quality of stocks has deteriorated faster than the volume and value of fish caught. However, it appears that many fisheries remain financially viable due to strong market demand and low opportunity cost of attracting labour into the fishing profession.

Middle East Fisheries & Aquaculture market segments:

With seven seas surrounding the region, including the Mediterranean, the Persian Gulf, the Gulf of Aden, the Red Sea, the Black Sea, the Caspian Sea and the Arabian Sea, the Middle East is not short of sources for fresh seafood. However, total production in the region amounts to only 2.17% of the total worldwide production. Capture fisheries are characterized by a large number of small-scale fishers, with it estimated that the small-scale sector provides about 80 to 90% of the total landings.

Aquaculture in Canada:

Aquaculture is the farming of fish, shellfish and aquatic plants in fresh or salt water. It is an established practice in many parts of the world. In Canada, aquaculture was first used to enhance natural stocks. It is now a large-scale commercial industry across the country. It provides direct and indirect economic benefits to many local and regional economies. Aquaculture operations in Canada vary depending upon the species being farmed, the environment being used (e.g., marine, freshwater), and the culture technologies being applied (e.g., land based, water based). Aquaculture represents about a third of Canada’s total fisheries value and about 20% of total seafood production. The value of aquaculture production has increased by 63% over the last ten years, to $962 million in 2013 from $591 million in 2003. In fact, Canadian production has increased four-fold since the early nineties. Canada is the fourth-largest producer of farmed salmon in the world and mussel is our top shellfish aquaculture export. The future of Canada’s aquaculture industry is directly linked to its economic viability, success in creating stable jobs, and increasing access to domestic and international markets. These objectives apply to the many facets of the aquaculture sector, including businesses associated with hatcheries, grow-out, and processing, as well as the supply of aquaculture goods and services.

Global Fisheries and Aquaculture Universities:

  • Shanghai Fisheries University, China
  • National Fisheries University, Japan
  • Agricultural University of Norway, Norway
  • Chulalongkorn University, Thailand
  • Deakin University, Victoria
  • linders University, Australia
  • Ocean University, China
  • Nagasaki University, Japan
  • Hokkaido University, Japan
  • Heriot-Watt University, United Kingdom
  • James Cook University, Australia
  • Malaspina University-College, Canada
  • Northern Territory University, Australia
  • Rhodes University, South Africa
  • State University of Ghent, Belgium
  • Shanghai Ocean University, China
  • Kyoto University, Japan
  • Ehime University, Japan
  • Kagoshima University
  • Sultan Qaboos University
  • Memorial University, Canada

Universities in USA for Fisheries & Aquaculture:

  • Auburn University, United States.
  • Brunswick Community College, United States
  • Delaware State University, United States
  • Hofstra University, United States
  • Humboldt State University, United States
  • Kentucky State University, United States
  • Mansfield University, United States
  • Southern Illinois University, United States

Global Fisheries and Aquaculture Research Institutes:

  • Andalusia Centre for Marine Science and Technology, Spain
  • Bureau of Fisheries and Aquatic Resources, Philippine
  • Central Institute of Brackish Water Aquaculture, India
  • Central Institute of Fisheries Technology, India
  • Central Marine Fisheries Research Institute, India
  • Deep Bay Marine Field Station, Canada
  • Fisheries Research and Development Corporation, Australia
  • Fisheries Research Services Marine Laboratory, UK
  • Global Ocean Ecosystem Dynamics, Chile
  • Korea Institute of Maritime and Fisheries Technology, South Korea
  • Marine Institute Ireland, Ireland 
  • National Fisheries Research & Development Institute, South Korea

Aquaculture & Fisheries Research Institutes in USA:

  • NTNU Centre of Fisheries and Aquaculture (SeaLab)
  • American Institute of Fishery Research Biologists (AIFRB)
  • Laboratory of Aquaculture & Artemia Reference Center

Global Fisheries & Aquaculture Societies:

  • Asian Fisheries Society
  • China Society of Fisheries, China
  • Korean Society of Fisheries and Sciences (KOSFAS), Korea
  • Aquaculture Association of Canada, Canada
  • Aquaculture Association of S. Africa, South Africa
  • European Aquaculture Society, Europe
  • Brazilian Aquaculture Society (AQUABIO), Brazil
  • Indonesian Aquaculture Society, Indonesia
  • Society of Aquaculture Professionals, India
  • Malaysian Fisheries Society, Malaysia
  • Egyptian Aquaculture Society, Egypt
  • Spanish Aquaculture Association (SEA), Spain

Fisheries & Aquaculture Societies in USA:

  • American Fisheries Society
  • Southeastern Fisheries Association
  • U. S. Aquaculture Society
  • National Aquaculture Association
  • World Aquaculture Society

Funding Agencies:

  • Food and Agriculture Organization of the United Nations,
  • World Aquaculture Society
  • Taiwan Fish Society, Taiwan
  • Malaysian Fisheries Society , Malaysia
  • National Oceanic and Atmospheric  Administration