The abalone industry contributes $120 million a year to the Australian economy, with aquaculture considered a reliable source of high-quality abalone. Abalone is Australia’s fourth most valuable fisheries export. The m ajor abalone producing countries include Australia, China, Taiwan, Japan, South Africa, Mexico, New Zealand, the USA and Chile.
Australia’s major abalone producing states are Tasmania, Victoria and South Australia. New South Wales and Western Australia also produce
The farming of greenlip abalone has been developing in South Australia since the early 1990’s and is now recognised as a significant contributor to the State’s aquaculture industry. The stimulus for continued growth of the industry is the highly lucrative Asian shellfish market. Output from South Australian farms is growing at a rate greater than 30% per year.
In South Australia, commercial abalone farms currently operate near Port Lincoln and Streaky Bay on the Eyre Peninsula and on Kangaroo Island.There There are currently nine land-based abalone farms in South Australia and also one mobile abalone farming system is currently licensed to operate in South Australian waters.