AQUACULTUREOPPORTUNITYFOR THE 21ST CENTURY

Jimmy Lim PresidentInstitution of Aquaculture Singapore

Peter Drucker, Management Guru & Economist, Nobel laureate

“Aquaculture, not the Internet, represents the most promising investment opportunity

of the 21st Century.”

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WHY AQUACULTURE• On the ocean – men are hunters and gatherers

• 20 years ago all salmon and shrimps consumed were wild: Today 60%are farmed

• The oceans are overfished and yield steadily decreasing returns

• At the Global Ocean Summit April 2014, action plan on to navigate the oceans and fisheries management - set AQUACULTURE on a clearer route to resolve the depletion of fish stocks – Árni M. Mathiesen Assistant Director-General of the FAO

• “…. The future of our food security hinge on how we treat the blue world” - FAO Director-General José Graziano da Silva

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By 2011 29% marine fish stocks were overfished, 61% fully fished & 10% under fished

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FACTS

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� World population will be 9 billion by 2030

� By 2030 total seafood demand estimated to be over 200 million tons (over $1000 billion)

� As early 2015, Aquaculture is expected to surpass fisheries as main producer of fish

� By 2030 Aquaculture will supply 63% of the demand compared with 2012 at 42%

� China’s middle class is expected to reach 375 million by 2025 – greater than the current U.S. population – China is now net importer of seafood

� Global consumption is 19kg per capita/year (2012) – Singapore 22kg (2010)

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FACTS 2

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� Fish now accounts for almost 17 percent of the global population’s intake of protein

� Fisheries and aquaculture support the livelihoods of 10–12 percent of the world’s population

� In 2012 provided jobs for some 60 million people engaged in capture fisheries and aquaculture.

� Of this 84 percent were employed in Asia� In order to be sustainable, Aquaculture need to be less

dependent on wild fish for feeds� There is greater need to introduce diversity in farmed

cultured species and good practices

Global Aquaculture Perspectives

� Total world production over 65 million tonnes in 2012

� Total world value of aquaculture above $130 billion

� Asia-Pacific dominates aquaculture with 89.1% production. China share is 60% or more

� 11 of top 15 aquaculture producing countries are Asian

� Global aquaculture grew 60% between 2000 & 2008

� 50% of world food fish production is from aquaculture

� Global aquaculture growth rate is 8.3%

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Top Aquaculture Producers

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http://www.fao.org/resources/infographics/infographics-details/en/c/231544/

SINGAPORE AQUACULTURE 2012

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o 120 Coastal Farms & 9 Land based farms

o Local production 5128 MT

o 2 Fishery ports - Jurong and Senoko handling 68,000 MT

o Fish consumption 82,140 MT. Imports 103,859 MT

o Seafood consumption per capita is 22 kg (15 kg for fish only)

o Population : 5.3 million (2012)

o Target is to produce 15% of consumption annually (12,321tonnes)

o Average price of fish is $10 per kg

o Production of fish: Farm Gate at $7.00 could be viable ?

o Vertical Farming in Land scarce Singapore?

Future of AquacultureOPPORTUNITIES

� Expanding population

� Expanding Markets

� Buy local – Buy Fresh

� Biosecurity

�Products

�Safe

�Nutritious

� Healthy

� Sustainable

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Future of Aquaculture

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� OBSTACLES

� Regulations

� Technology

� Capital Sources

� Global Competition � Support for Aquaculture

� Public misunderstanding

� Wild vs Farm Raised� Environmental Assault

� Government acknowledgement of importance

Tilapia ( O. Niloticus)

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� Known as Saint Peter’s fish ( Book of Matthew Book of

Mathew (17:27) the fish which St. Peter caught was a

tilapia.

� Most important farmed fish of the 21st century

� Farmed in almost 140 countries globally

� Second only to carp as a farmed food fish

� Exceed 3.5 million MT global production in 2012

� China produces more than 50% of global production

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WHY TILAPIALinks

https://www.facebook.com/hainantilapia

www.hainantilapia.net

www.fao.org

http://globefish.org/tilapia-production.html

https://www.facebook.com/groups/5438219757/

https://www.facebook.com/groups/299311993439214/

正壹罗非鱼苗

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THANK YOU FOR YOUR ATTENTION

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