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Australian Wild Abalone Industry Australia is currently the dominant player in the world abalone market, supplying around half of wild catch product and 30% of global product. Australian product is well regarded but despite this dominance, the Australian abalone industry remains largely unbranded in the volatile spot market, exposed to global trade vagaries with little control of its own destiny. China, Japan and Taiwan remain the largest consumers of Australian abalone. Research indicates growth in the Chinese market will continue for the foreseeable future, driven by rising living standards. Limited sales occur in the Australian domestic market, and the impact of illegal catch on this market is not quantified. Historical abalone figures, which includes gross value of production, estimated illegal trade and export figures are:
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| * The exact value of illegal abalone trade is unknown. In the Fisheries Research and Development Corporation Project 1998/170 – Wild Abalone Fisheries Research and Development Needs Review, it was estimated that illegal trade equated to 10% of the gross value of production. | |||||||||||||||||||||||||||||||||||||||||||||||||
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