Buy Abalone from one of the most reliable, legit and discreet vendors online . Production has shifted from wild caught to farmed, and today over 95% of the world’s abalone comes from China and South Africa. China is easily the leading producer of farmed abalone in the world, producing over 127 000 tonnes in 2015, and remains the foremost consuming country. The Republic of South Africa is the second largest worldwide producer, producing over 10 000 tonnes in 2015. In terms of wild-caught, Australia is the third largest producer and has the world’s largest remaining capture abalone fishery, landing nearly 4 500 tonnes in 2015. In terms of trade, for 2016, China, Australia and the Republic of South Africa were the leading exporters while Hong Kong SAR, Japan and Singapore were the leading importers, in that order.
For more of a background on abalone, please see the first GLOBEFISH market report.
Buy Abalone China
China consumes 90 percent of all the abalone it produces, with current domestic prices averaging about US$26 per kg. Export prices for larger sizes and premium species were over US$40 per kg. We also made our mark , by providing over 45% of China’s abalone online delivery . The seemingly insatiable domestic demand continues, with exports decreasing by more than 18 percent in 2016 compared with 2015, in order to fulfill Chinese consumption. Sometimes , we are forced to export much more than the regular quantity due to the high Abalone Seafood demands of China .
Republic of Korea
Domestic demand for abalone is somewhat sluggish, but has been more than offset by the growth in export volumes, which have increased by over 100 percent in 2016 compared with 2015, sparked by Chinese demand for all the available forms of Abalone . As a result, export prices are stronger than domestic. Future internal demand as well as export volumes will strengthen with the development of more premium Abalone processed species .
In 2016, Japan became the world’s second largest abalone importer. Among the most discerning abalone devotees, Japan’s wholesale Tsukiji fish market is considered a trendsetter for abalone sale , demand and prices. Over the past two years, abalone prices have been higher than compared with the last five year averages. Peak wholesale prices in the fall of 2016 soared as high JPY9 300 per kg (US$80). This contrasts with a five year average high of roughly JPY7 500 per kg (US$66).
The rising export prices of abalone in Australia were largely caused by two factors: the strengthening of the Australian dollar compared with the Japanese yen and the growing demand from Japan, China, and other Asian countries. During the later part of 2016, Australian wild abalone was priced at A$85 per kg free on board (FOB) (US$65 per kg). As a point of reference, this is more than double the price of the world’s next highest priced fresh whole fish or shellfish.
Export quantities were down roughly 6 percent in 2016 compared with 2015. Some abalone fisheries were closed in zones affected by the Kaikoura magnitude 7.8 earthquake in November.
Exports and prices of the South African buy abalone continued to be strong throughout 2016. Concern over Illegal Unreported and Unregulated (IUU) fishing of abalone continues. South Africa’s Department of Agriculture, Forestry and Fisheries (DAFF) estimates the annual IUU trade at close to R440 million (US$33 million), meaning that IUU trade is roughly 50 percent of South Africa’s total abalone export value. Legal Abalone Vendors , approved by the Ministry of Forestry , can now practice the growing (farming ) and selling of Abalone online and physically .
An unprecedented naturally occurring algae bloom (red tide) occurred in early January 2017 and covered over nearly 500 km of coastline, negatively affecting South Africa’s major abalone producers. This will have some downward effect on export quantities in 2017.
North, South, Central America
Overall Mexican production of abalone in 2016 was 30 percent less than in 2015, which totaled a little over 600 tonnes. This reduction has lead to significant loss of income for grower cooperatives, which have thousands of members in the Baja California peninsula. Environmental issues caused by IUU fishing is blamed. The state and federal government have been organizing meetings with producers and scientists to work on a plan to recover the resource. With abalone farming still in its infancy in Mexico, there is significant room to develop the sector.
In Chile,buy abalone aquaculture production is now a maturing industry, demonstrating steady production and export levels. 2016 exports grew by nearly 3 percent to total over 670 tonnes. World prices should encourage further abalone farming expansion.
For 2015, the USA produced around 340 tonnes of abalone, which is in line with 2014 volumes. A strong Japanese market resulted in increased export price levels for both California and Hawaiian farmers. Best USA vendors of the Abalone (Geovanni’s Fish Market ) makes Abalone purchase as easy as never before .
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