The international abalone market

Research output: Chapter in Book/Conference paperChapterpeer-review

1 Citation (Scopus)

Abstract

Demand for seafood, including abalone, has been increasing over the past few years and is likely to continue to increase into the foreseeable future. China is one of the largest producers and consumers of seafood, including abalone. While, over the past few years, legal abalone fisheries have been decreasing, illegal exploitation has been increasing in several countries. At the same time, farm production of abalone has seen massive increases, especially in China and South Korea. In 2018/2019, total worldwide production of farmed abalone was estimated at more than 188,000 metric tonnes. By 2020, the total supply of abalone available worldwide from all sources (fished, farmed, and illegal) had increased to more than 200,000 mt. Currently estimated at about 7000 mt annually, illegally sourced abalone has a significant effect on the world market. Surprisingly, however, prices for high-quality abalone are still very high, and demand in China still outstrips supply. It is currently unknown what effect increasing world inflation levels will have on the international abalone market.

Original languageEnglish
Title of host publicationDevelopments in Aquaculture and Fisheries Science
PublisherElsevier
Pages373-382
Number of pages10
DOIs
Publication statusPublished - Jan 2023

Publication series

NameDevelopments in Aquaculture and Fisheries Science
Volume42
ISSN (Print)0167-9309

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  • Abalone: Biology, Ecology, Aquaculture and Fisheries

    Cook, P. A. (ed.) & Shumway, S. (ed.), 2023, 1 ed. USA: Academic Press. 952 p. (Developments in Aquaculture and Fisheries Science; vol. 44)

    Research output: Book/ReportEdited book/Anthologypeer-review

  • Abalone aquaculture

    Cook, P. A., Jan 2023, Abalone: Biology, Ecology, Aquaculture and Fisheries. Cook, P. A. & Shumway, S. E. (eds.). Netherlands: Elsevier, p. 347-361 15 p. (Developments in Aquaculture and Fisheries Science; vol. 42).

    Research output: Chapter in Book/Conference paperChapterpeer-review

    1 Citation (Scopus)
  • Abalone reseeding and enhancement

    Cook, P. A., Jan 2023, Developments in Aquaculture and Fisheries Science. Elsevier, Vol. 42. p. 331-346 16 p. (Developments in Aquaculture and Fisheries Science; vol. 42).

    Research output: Chapter in Book/Conference paperChapterpeer-review

    1 Citation (Scopus)

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