FISHTECH

7th International Abalone Symposium, July 2009, Pattaya, Thailand

H. Roy Gordon, Fishtech, CaliforniaPeter A. Cook, University of Western Australia

WORLD ABALONE SUPPLY,WORLD ABALONE SUPPLY,MARKETS AND PRICING:MARKETS AND PRICING:

HISTORICAL, CURRENT AND FUTUREHISTORICAL, CURRENT AND FUTUREPROSPECTIVESPROSPECTIVES

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 GLOBAL SUPPLY OF ABALONE FROM ALL ABALONE FROM ALL SOURCES 1970/2008SOURCES 1970/2008

Information: Fishtech, California

1970 197201989 148302002 101462006 88462008 8650

0 5000 10000 15000 20000 25000

1970

1989

2002

2006

2008

Metric tons

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 TOTAL WORLD FISHERIES LEGAL LANDINGSLANDINGS1970 THROUGH 2008 (est.)1970 THROUGH 2008 (est.)

WORLD FISHERIES LEGAL WORLD FISHERIES LEGAL LANDINGS BY COUNTRYLANDINGS BY COUNTRY

2006 2008 (est)

Australia 5,742mt 5,000mt

Japan 1,200mt 1,200

New Zealand 1,504mt 1,500mt

South Africa Zero Zero

Mexico 400mt 750mt

Misc. Countries 200mt 200mt

Total 9,046mt 8,650mt

(FAO actual adjusted for “in shell” weight)

Information: Fishtech, California

ILLEGAL CATCH BY COUNTRY ILLEGAL CATCH BY COUNTRY (ESTIMATED 2008)(ESTIMATED 2008)

Australia 1,500mt

New Zealand 1,000mt

South Africa 2,000mt

Mexico 400mt

USA 200mt

Misc. Countries 200mt

TOTAL 5,300mt

ABALONE WILD FISHERIES ABALONE WILD FISHERIES FACING WORST CRISIS IN FACING WORST CRISIS IN HISTORYHISTORY

Information: Fishtech, California

1970 01989 12002002 87002008 30414

0

5000

10000

15000

20000

25000

30000

35000

1970 1989 2002 2008

Met

ric

ton

s

Year

Mt

Information: Fishtech, California

1,220

8,700

30,414 (est.)

?

TOTAL GLOBAL FARM TOTAL GLOBAL FARM PRODUCTIONPRODUCTION

FARM PRODUCTION FARM PRODUCTION COUNTRY BY COUNTRYCOUNTRY BY COUNTRY2008 (est.) 30,760mt2008 (est.) 30,760mt

Information: Fishtech, California

FALLING MARKET PRICES: FALLING MARKET PRICES: THE PERFECT STORMTHE 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 ata few Asian countries

Information: Fishtech, California

SOME STEPS TO CONSIDER SOME STEPS TO CONSIDER ON THE FARMON THE FARM

Labor cost reductions through farm design revisionsCertification (improve product and quality, improve price)Farm maintenance changesMulti-User Cooperation

EXAMPLES OF CREATIVE THINKINGEXAMPLES OF CREATIVE THINKING

NEW DIRECTIONS, NEW PRODUCTSNEW DIRECTIONS, NEW PRODUCTS

www.phuketabalone.com/products.html

www.phuketabalone.com/products.html

EXAMPLES OF CREATIVE THINKINGEXAMPLES OF CREATIVE THINKING

NEW DIRECTIONS, NEW PRODUCTSNEW DIRECTIONS, NEW PRODUCTS

www.phuketabalone.com/products.html

EXAMPLES OF CREATIVE THINKINGEXAMPLES OF CREATIVE THINKING

NEW DIRECTIONS, NEW PRODUCTSNEW DIRECTIONS, NEW PRODUCTS

THANK YOUTHANK YOU