Fishing in Australia - Market Research Report

Fishing industry trends (2014-2019)

poll Average industry growth 2014–2019: 3.2%

Operators in the Fishing industry have benefited from strong export demand over the past five years. Developing export markets, particularly in Asia, have boosted industry revenue over the period. Domestically, rising fish and seafood prices, and strong demand from seafood processors, have supported industry operators over the past five years. However, government-imposed fishing quotas have constrained industry revenue growth by limiting the volume of seafood caught. The presence of low-cost imports from Asia and competition from the more sustainable Aquaculture industry have also limited industry revenue growth over the past five years. Industry revenue is expected to increase at an annualised 2.2% over the five years through 2019-20, to $2.0 billio...
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Fishing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Operators in the Fishing industry are forecast to face intensifying challenges over the next five years. Strict fishing quotas are anticipated to continue restricting catch volumes over the period, limiting revenue growth. The Aquaculture industry is projected to account for a rising proportion of total fish and seafood production over the next five years, which will likely place pressure on wild-caught fishing operations. Additionally, imports are forecast to rise as a share of domestic demand over the period, which will likely cause some operators that catch low-value fish and seafood to exit the industry. Export markets are anticipated to continue supporting the industry over the next five years. Rising incomes and free trade agreements in the As...
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Fishing industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 5,167
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 5,556

Biggest companies in the Fishing industry

The Fishing in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Fishing industry?

Industry Definition

Industry operators primarily catch ocean fish and seafood products, including finfish, molluscs, crustaceans, prawns, rock lobsters, oysters, pearls and other seafood products.

Industry Products and Services

  • Fish
  • Rock lobsters
  • Other crustaceans
  • Molluscs
  • Prawns

Industry Activities

  • Rock lobster fishing
  • Prawn fishing
  • Finfish trawling
  • Squid jigging
  • Line fishing
  • Marine fishing not elsewhere classified

Market research report - table of contents

Industry Definition

Industry operators primarily catch ocean fish and seafood products, including finfish, molluscs, crustaceans, prawns, rock lobsters, oysters, pearls and other seafood products.

Main Activities

  • Rock lobster fishing
  • Prawn fishing
  • Finfish trawling
  • Squid jigging
  • Line fishing
  • Marine fishing not elsewhere classified

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The trade-weighted index refers to the strength of the Australian dollar against the currencies of Australia's key trading partners. A strong Australian d...
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Trade-weighted index
Demand from seafood processing
Domestic price of fish and other seafood
Seafood consumption

Current Performance

Depleting fish stocks
Challenges
 Chart: Revenue Growth

Industry Outlook

Demand for seafood
Free trade agreements
 Table: Fishing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Fishing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Seafood Processing in Australia
Fish and Seafood Wholesaling in Australia
Fresh Meat, Fish and Poultry Retailing in Australia




Key Selling Industries

Shipbuilding and Repair Services in Australia
Telecommunications and Other Electrical Goods Wholesaling in Australia





Products & Services

Operators in the Fishing industry catch a range of fish and seafood. Industry products can be broadly segmented into three categories: fish, crustaceans a...
Seafood processors
Fish and seafood wholesalers
Retailers



Demand Determinants

Both domestic and international markets influence demand for fish and other seafood products. Demand from downstream industries, disposable income, price,...
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Major Markets

Seafood processors
Fish and seafood wholesalers
Retailers




 Chart: Major Market Segmentation for the Fishing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Fishing industry is characterised by low market share concentration. The industry is highly fragmented, and most operators are sole proprietors or bus...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Fishing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Fishing in Australia - Market Research Report Industry

Industry Globalization

The Fishing in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The Fishing industry is highly capital-intensive. For every dollar spent on wages in 2019-20, an estimated $0.42 is spent on capital. Industry operators i...
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 Chart: Level of Capital Intensity for the Fishing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Fishing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

AUSTRALIAN FISHING ZONE

CRUSTACEANS

GEAR

MOLLUSCS

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Fishing industry?

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  • Find out about key industry trends
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This report on Fishing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Fishing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fishing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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