Gross Value Production

Fishery gross value of production (GVP) provides an estimate of the activity level, in monetary terms, of commercial fisheries and aquaculture production. GVP is calculated by multiplying the whole weight of production by the landed unit value. The landed unit value is defined as the beach price for fish species caught in wild-catch fisheries and the farm gate price for aquaculture products. Beach price is used so that GVP measures what is directly produced from the resource and not the value added component as product moves through the supply chain. 

 

By jurisdiction

 

Source
Value (GVP) of the Australian aquaculture industry for each jurisdiction. Values to 2019-20 from FRDC including most recent production reports. Projections based upon ABARES industry growth estimates (Mobsby et al., 2021). Value (GVP) of Australian aquaculture from each industry sector.

 

By sector

Value of Australian aquaculture production. Values to 2019-20 from FRDC including most recent production reports. Projections based upon ABARES industry growth estimates (Mobsby et al., 2021) with best case + 12% and worst case – 12% variation.

More information: GVP FRDC 6May2021

 

Source
Values to 2019-20 from FRDC including most recent production reports. Projections based upon ABARES industry growth estimates (Mobsby et al., 2021).