The growth of an acquaculture industry, the relationship between increase of production and price.

1. Thedevelopmentof
Greekaquaculture
arepeatedstoryinaquaculturehistory.
Dimitri Dimopoulos
Production manager
Saudi Fisheries Company

2. The start
• The Aquaculture in the sea starts in Greece in the mid 80’s with small
farms.
• Those farms import fingerlings from France and technology mainly from
Scotland (kames wooden cages).
• In the late 80’s the first hatcheries start production and with the aid of E.U
(subsidies for the equipment) the growth was soon ejected.
• The 16,300 km shore and the thirst for innovation from a nation with 3,000
year maritime history push the aquaculture for this growth.
• In 1991 the annual production jumped from 2,500 tones to 12,500 tones
from 120 farms.

3. The market
• Both of species ( bream and European bass) was well known in
south Europe as the most expensive fishes due to the extensive
culture in French, Italian and Greek lagoons for ages
• The big demand help the farmers to focus in production
technology and do not care about sales.
• Italy was the main export destination and 65% of the production
was exported there and only 15% to all the other countries and
20% for the local market.

5. 0
1
2
3
4
5
6
7
8
9
10
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
Greek production
Production in tones Price in US$
-
1.00
2.00
3.00
4.00
5.00
6.00
7.00
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Norwegian production
production in tones price in US$

9. • To avoid or to minimize the unstable sales price, the farmers must
have an organization to control the production and the export
price. Cooperation between the farmers is necessary and
significant.
• But every year the global consumption of fish is growing more than
8% and the fishing sector is shrinking. 5 of the 7 important fishing
fields have lower production due to over fishing.
• And as you know the most healthy, digestible protein is fish protein
and the only fat which is healthy with the right ratio of Omega 3 to
Omega 6 is fish oil.

11. Thank you
I hope you enjoy it