1. Australian fisheries – outlook and economic indicators Robert Curtotti Manager – Fisheries Economics ABARES

2. World seafood consumption (live weight equivalent)

3. Seafood consumption in 2008: (live weight equivalent) frozen, cured or canned fresh Source: FAO

4. Seafood supply (live weight equivalent): average 2005-2007 Source: FAO

5. World fisheries production Aquaculture Mt Wild caught Source: FAO

6. World trade by species group Source: FAO

7. World export price by commodity group crustaceans fish molluscs Source: FAO

8. Australian fisheries production Aquaculture 2009-10 A$ billion Wild caught

9. Average beach price - key species Rock lobster prawns Abalone Tuna

10. Australian fisheries production by species

11. Australian trade in fisheries products

12. Fisheries trade mix in 2009-10 Exports 1.2 A$ billion Imports 1.5 A$ billion

13. Australian exports of fisheries products (2009-10 A$) 1999-00 2.7 $ billion 2009-10 1.2 $ billion

14. Outlook for Australian fisheries production 2010-11 A$ billion

15. Profitability over the medium term Factors we can’t control exchange rates fish prices fuel and other input prices Fishery management as cost effective as possible set effort levels that are sustainable and that maximise economic returns

16. Role for economic indicators Gross value of production Economic returns Productivity analysis Profit decomposition analysis

17. Commonwealth Trawl Sector

18. Economic returns in the Commonwealth Trawl Sector of the Southern and Eastern Scalefish and Shark fishery (SESSF)

19. Productivity indices by scale of operation for the Commonwealth Trawl Sector Input index Output index Productivity index

20. Productivity indices by scale of operation for the Commonwealth Trawl Sector of the SESSF Fuel price Output price Labour price Profit Productivity

21. Summary Profitability likely to remain under pressure over the medium term Economic indicators provide information about trends in economic returns