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Seafood markets uncertain

ASIAN seafood markets are likely to remain unreliable in the near future, says ABARE’s Perry Smith.

Mr Smith said along with the financial difficulties in Asia, there were two further hurdles looming — the possibility of a stronger Australian dollar and increased difficulties in exporting to China.

“To capitalise on our fisheries management strengths it is important to ensure market factors are incorporated into management plans,” he said.

Australian Seafood Industry Council deputy chairman Brian Jeffries said the industry had not focussed sufficiently on marketing.

“The main industry emphasis has unfortunately swung back toward management and production with the result that the industry is missing major opportunities,” Mr Jeffries said.

Australian Prawn Promotion Association chairman Ron Edwards said the future of prawn and rock lobster industries lay in Europe.

“Quality and resource sustainability will increasingly be important factors in securing long-term market access,” Mr Edwards said.

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