Over the past five years, high seafood prices have inflated the growth of the Fish and Seafood Wholesaling industry, masking the harsh operating conditions that are threatening the industry. Industry revenue is expected to increase at an annualised 0.6% over the five years through 2014-15, to $4.3 billion.
Seafood prices have risen only slightly over the past five years, but remain at historically high levels. Concerns regarding the sustainability of dwindling fish stocks have caused some countries, including Australia, to enforce strict catchment quotas. This has limited supply of fish and other seafood products, such as rock lobster, putting upward pressure on prices.
The Australian Fish and Seafood Wholesaling industry primarily purchases fish and seafood from the aquaculture and wild fishing industries, and from seafood processors. These products may be repackaged or sold straight to specialist fish and seafood retailers, supermarkets, food catering companies, cafes, hotels and restaurants. The industry includes establishments that wholesale fresh, frozen, canned or processed fish or other seafood.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.