Non-Market Impact Valuation for Fisheries RD&E (Phase I)

Project number: 2019-091
Project Status:
Completed
Budget expenditure: $42,000.00
Principal Investigator: Talia C. Hardaker
Organisation: Agtrans Research
Project start/end date: 6 Feb 2020 - 30 Jul 2020
Contact:
FRDC

Need

FRDC requires a study to assess and compile relevant, publicly available, non-market impact valuation studies for potential use in future FRDC RD&E impact assessments and an assessment of the major gaps in the available non-market information related to the environmental and social impacts of fisheries RD&E to inform and prioritise potential future willingness-to-pay studies.

Objectives

1. Assess and compile relevant, publicly available, non-market impact valuation studies for potential use in future FRDC RD&E impact assessments.
2. Identify and prioritise the major data/information gaps in the available non-market information related to the environmental and social impacts of fisheries RD&E to inform potential future willingness-to-pay studies.

Final report

Authors: Buyani Thomy Talia Hardaker Peter Chudleigh and Jim Binney
Final Report • 2020-10-01 • 1.05 MB
2019-091-DLD.pdf

Summary

This report, titled ‘Non-Market Impact Valuation for Fisheries RD&E – Phase I: An Investigation and Gap Analysis of Non-Market Impact Valuation Studies for Australian Fisheries and Aquaculture RD&E’, presents the findings of the first stage of a process to assess and compile relevant, publicly available, non-market impact valuation studies for potential use in future Fisheries Research and Development Corporation (FRDC) research, development and extension (RD&E) impact assessments. The report also provides an assessment of the major gaps in the available non-market information related to the environmental and social impacts of fisheries RD&E to inform and prioritise potential future WTP studies. The project was funded to address a recommendation made in the FRDC’s November 2018 Independent Performance Review conducted by Forest Hill Consulting that stated: ‘FRDC should develop and implement with its impact assessment provider a project to assess willingness-to-pay studies of environmental attributes of fishery resources and externalities arising from aquaculture as input into future assessments of the environmental impacts of FRDC’s Environment Program.’

Project products

Data • 2020-10-01 • 190.75 KB
2019-091-DLD.xlsx

Summary

A desktop review and assessment of the range and types of impacts attributable to past FRDC RD&E investments was undertaken. Impacts identified from past evaluations then were categorised in a triple bottom line framework. Environmental and social impacts were subsequently summarised to create a short-list of major fisheriesand aquaculture RD&E (hereafter referred to as ‘fisheries RD&E’) environmental and social impact types. The short-list of key environmental and social impact types was used to inform a comprehensive literature review of non-market valuations of environmental and social impacts associated with fisheries RD&E. Following completion of the literature review, a reference list/ database of available non-market valuation studies was developed in Microsoft Excel®. 

Seafood CRC: new directions in Australian seafood whole of chain traceability and supply chain technologies

Project number: 2015-711
Project Status:
Completed
Budget expenditure: $96,384.66
Principal Investigator: Janet Howieson
Organisation: Curtin University
Project start/end date: 31 Aug 2015 - 27 Feb 2017
Contact:
FRDC
SPECIES

Need

Global seafood trade increased to 160 million tonnes per annum in 2013, with 37% of this being
traded internationally. Traceability of seafood has become a hot topic, with the EU and US bringing in
new regulations recently. In 2015 Food Standards Australia New Zealand will be examining
traceability issues in Australia. The FAO Committee of Fisheries is also currently developing
international best practice guidelines. SafeFish has listed traceability through chain as an
emerging issue that industry needs support to address.

There are many different drivers for traceability, often determined by the product type and destination
market. Internally companies use traceability as a production/management tool, or to simplify record
keeping, and hence increase efficiencies. It may also provide a mechanism for fast and efficient recall of
contaminated product. This internal financial benefit to business operations has been well
demonstrated in case studies undertaken by the Global Chain Alliance. Traceability also enables
manufacturers and growers to interface directly with their end users. Markets and regulators are
increasingly demanding through chain traceability as a means of assurance of food safety, sustainable
fishing practices (eg MSC "chain of custody" requirements, and product integrity (including protection against substitution).

In Australia’s seafood industry, paper traceability systems are the norm in most of the catching and
harvesting sectors, despite the fact that the catch sector uses many sophisticated electronic
instruments and devices in their operations and that electronic communications and computer use are
wide spread on board, dockside and in processors. Whilst paper based systems can work, they are
inherently inefficient and offer no scope for improvement.

However, with the learnings from 2012/702 informing this proposed project and increasing interest in electronic traceability systems, this project can assist
Australian seafood companies to choose and implement traceability systems appropriate to their internal and external needs.

Objectives

1. Development and extension of Seafood Traceability toolbox and decision tree (with case study examples) (in collaboration with SAFEFISH).
2. Undertake Full RFID/barcoding trial with at least two interested businesses and repeat of cost benefit analysis (as per 2012/702).

Related research

Industry
Adoption
Communities

Investigate changes in acceptance of wild caught Barramundi in the foodservice and hospitality market sectors

Project number: 2019-067
Project Status:
Completed
Budget expenditure: $225,870.00
Principal Investigator: Jayne M. Gallagher
Organisation: Honey and Fox Pty Ltd
Project start/end date: 10 May 2020 - 1 Aug 2021
Contact:
FRDC
SPECIES

Need

The recent market failure of wild-caught Barramundi has seen the price to fishers fall to an all-time low. Anecdotal information suggests that this failure is, in part, from a lack of development in packaging, presentation and grading of product, and has seen demand from the foodservice and hospitality sectors decline over time. Research as to what the wild catch Barramundi sectors require today in terms of user-friendly packaging and presentation should be undertaken to define what requirements are needed in order to improve market share for this iconic species. Research is also needed to ensure that any new approach undertaken by the wild Barramundi sector is supported by the market. Understanding current and desired market positioning vis a vis competitors as well as what is needed to achieve the desired positioning will assist this.

Objectives

1. To research the food service and hospitality sectors to gain insights into the drivers and barriers in demand for wild caught barramundi across the different industry sectors
2. To document new packaging, presentation and quality requirements needed in order to improve market share for wild caught barramundi.
3. To identify and document resources that can be used by barramundi fishers to develop, trial and evaluate new product packaging formats, product presentation and quality requirements targeting the needs of the food service and hospitality sectors
4. To develop and extend a wild barramundi market development and positioning strategy

Final report

ISBN: 978-0-9876352-8-0
Authors: Ms Jayne Gallagher Dr Joanne Freeman Dr Janet Howieson Prof Meredith Lawley
Final Report • 2023-05-12 • 2.58 MB
2019-067-DLD.pdf

Summary

In 2017 and 2018, wild-caught Barramundi fishers experienced large price fluctuations, with prices falling to an all-time low. Anecdotal information suggested that this was, in part, due to a lack of development in packaging, presentation and grading of products, which in turn had seen demand from the foodservice and hospitality sectors decline over time.
Foodservice operators rely on and have business models built around consistent supply, quality, and price. Farmed Barramundi (Australian and imported) businesses have, over the past 10 years, spent considerable time and resources on improving quality and have increased production to fill supply gaps when wild-caught Barramundi is not available. Many food service sectors have responded very positively to this, such that Barramundi is now a very common product offering.
At a Queensland Seafood Marketers Association workshop attended by key Barramundi businesses held in June 2018, it was agreed that further research was needed to understand what the wild catch Barramundi sector needs to deliver in terms of user-friendly packaging and presentation to ensure that the market supported any new approach undertaken by the wild Barramundi sector.
This report details the results of a comprehensive market study to better understand the foodservice sectors and their needs was considered critical for the wild Barramundi industry to build and implement a cohesive market development strategy - incorporating consumer education, product development and supply chain improvement.