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    • Ocean & Coastal Fishing and Aquaculture Industry in South Africa

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2021

    Carole Veitch | South Africa | 25 October 2021

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2020

    Yasmin Mahomedy | South Africa | 27 February 2020

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2018

    Yasmin Mahomedy | South Africa | 09 February 2018

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2016

    Yasmin Mahomedy | South Africa | 30 August 2016

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2015

    Yasmin Mahomedy | South Africa | 26 January 2015

    Report Info

    Report Summary Table of Contents
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    Report Coverage

    This report focuses on ocean and coastal fishing and aquaculture in South Africa. It provides comprehensive information on the state and size of the sector, performance of major players, developments and corporate actions. There is information on the fishing rights allocation process, total allowable catch and quotas and marine resources. The report includes 19 company profiles including major players I&J, Oceana and Sea Harvest and companies involved in the abalone industry such as Wild Coast Abalone and Abagold.

    Introduction

    The South African ocean and coastal fishing and aquaculture sector generated total revenue of R18.75bn in 2019. On average, the industry produces more than 500,000 tonnes of fish and fish products per year and provides around 27,000 direct jobs and employment for a further 100,000 people in the supply chain. In addition to supporting food security and providing jobs, the industry is a net exporter of fish and other marine species, such as squid, lobster and abalone, and is an important earner of foreign revenue. Abalone and lobster producers have been hard hit by the pandemic, and while most of the ocean and coastal fishery sectors have proved to be resilient, the industry is feeling the effects of supply chain disruptions and climate change.

    Strengths

    • South Africa is the world’s third-largest producer of abalone.
    • South Africa’s hake deep-sea trawl industry was the first fishery in the world to be certified as environmentally sustainable by the Marine Stewardship Council. In February 2021, the sector was certified for a fourth five-year period.
    • The industry is substantially empowered and the largest five fishing companies are all level 1 B-BBEE contributors.
    • Wild capture and aquaculture fisheries are net exporters and important earners of foreign exchange.

    Weaknesses

    • A culture of marine stewardship is lacking and little is done to deal with marine pollution, including plastic waste and discarded fishing nets and gear.
    • High cost of aquaculture production.
    • Inadequate management of the recreational fishing sector.
    • Inadequate monitoring and weak enforcement of fishing regulations, resulting in the over-exploitation and/or illegal fishing/harvesting of resources such as line-fish, abalone and lobster.
    • Onerous regulations make it difficult to start a new aquaculture business.
    • Outdated fisheries’ data systems.
    • South Africa’s coastline has relatively few protected bays suited to mariculture.
    • There is inadequate support for the small-scale fishing sector.

    Opportunities

    • Aquaculture sites offering growth potential include Saldanha Bay and the Overberg in the Western Cape, where there is potential for small-scale farmers to partner with established commercial value chains.
    • Demand for larger-sized abalone in dried and canned formats.
    • Government is committed to providing an enabling environment for aquaculture farming and has established aquaculture development zones.
    • In line with global trends, there is growing interest in the commercial cultivation of seaweed in South Africa.
    • The development of aquaculture is one of the focus areas of the Operation Phakisa Oceans Economy initiative.
    • The production of products such as ocean trout, oysters and mussels for online fishmongers.

    Threats

    • Cost increases, especially electricity and transport costs.
    • Disruption in the traditional distribution and movement of fish resulting from the impacts of climate change.
    • Disruption of electricity supply.
    • Overfishing and illegal fishing/harvesting threaten marine populations, other ocean predators, and the communities that depend on fishing for their livelihoods.
    • Poaching of abalone and lobster, including security risks posed by organised crime syndicates engaging in illegal trade.
    • Red tide.
    • Reduction in total allowable catch rights allocations and quotas pose a threat to large fishing companies.

    Outlook

    With sea temperatures warming, marine populations in decline and a number of species having changed their traditional distribution patterns, the fishing industry is starting to experience the impacts of climate change. Environmentalists say that the industry needs to adopt a culture of marine stewardship and deal decisively with marine pollution and the depletion of the ocean’s resources. Industry players in key fishery sectors are awaiting the outcomes of the forthcoming long-term fishing rights allocation process with a degree of trepidation. While the long-term prospects of wild-capture fisheries are uncertain, stakeholders say that aquaculture farming offers high-growth potential, as evidenced by regional and global trends.

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2021

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    Industry Landscape

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2018-02-09

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2016-08-30

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2015-01-26

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    Table of Contents

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    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Industry Value Chain 5
    2.2. Geographic Position 7
    3. SIZE OF THE INDUSTRY 9
    4. STATE OF THE INDUSTRY 14
    4.1. Local 14
    4.1.1. Trade 24
    4.1.2. Corporate Actions 27
    4.1.3. Regulations 27
    4.1.4. Enterprise Development and Social Economic Development 30
    4.2. Continental 32
    4.3. International 36
    5. INFLUENCING FACTORS 38
    5.1. COVID-19 38
    5.2. Environmental Concerns 40
    5.3. Total Allowable Catch and Quotas 45
    5.4. Government Initiatives 46
    5.5. Economic Environment 48
    5.6. Rising Operating Costs 49
    5.7. Technology, Research and Development (R&D) and Innovation 49
    5.8. Labour 51
    6. COMPETITION 54
    6.1. Barriers to Entry 55
    7. SWOT ANALYSIS 55
    8. OUTLOOK 56
    9. INDUSTRY ASSOCIATIONS 57
    10. REFERENCES 58
    10.1. Publications 58
    10.2. Websites 59
    APPENDIX 1 60
    0
    APPENDIX 2 - Summary of Notable Players 61
    Ocean & Coastal Fishing 61
    Fish Hatcheries and Fish Farms 65
    COMPANY PROFILES – OCEAN & COASTAL FISHING 68
    African Marine Products (Pty) Ltd 68
    Impala Fishing (Pty) Ltd 70
    Irvin and Johnson Ltd 71
    Oceana Group Ltd 75
    Pioneer Fishing (West Coast) (Pty) Ltd 81
    Premier Fishing SA (Pty) Ltd 83
    Sea Harvest Corporation (Pty) Ltd 87
    Umsobomvu Fishing (Pty) Ltd 90
    COMPANY PROFILES – FISH HATCHERIES & FISH FARMS 92
    Abagold Ltd 92
    Aqunion (Pty) Ltd 95
    Blue Ocean Mussels (Pty) Ltd 97
    HIK Abalone Farm (Pty) Ltd 99
    Irvin and Johnson Ltd 101
    Jacobsbaai Sea Products (Pty) Ltd 105
    La Pieus Aqua (Pty) Ltd 107
    Premier Fishing SA (Pty) Ltd 109
    Viking Aquaculture (Pty) Ltd 113
    West Coast Abalone (Pty) Ltd 116
    Wild Coast Abalone (Pty) Ltd 118
    Zini Fish Farms (Pty) Ltd 120
    Zwembesi Farm (Pty) Ltd 121

    Report Coverage

    This report on Ocean and Coastal Fishing includes comprehensive information on the fishing industry including the state and size of the sector, performance of the major players and developments in regulation including fishing rights and allowable catches. There are profiles of 16 companies including major companies in the sector such as Oceana, Sea Harvest, I&J and Pioneer and aquaculture and abalone farmers such as HIK Abalone farm, Blue-Green Aquaculture, La Pius Aqua and West Coast Abalone.

    Introduction

    This report focuses on South Africa’s fishing and fish farming industry, which contributes about 0.5% to the country’s GDP. The success and sustainability of the fishing industry continues to depend to a large extent on the allocation of fishing quotas. The Department of Environment, Forestry and Fisheries (DEFF), previously the Department of Environmental Affairs, was renamed in June 2019, incorporating the forestry and fisheries functions from the previous Department of Agriculture, Forestry and Fisheries. DEFF will be allocating quotas to previously marginalised small-scale fishers through the Fishing Rights Allocation Process (Frap) 2020. Large rights holders such as Oceana, Sea Harvest and I&J believe there will be job losses if they lose quotas in key species to accommodate new entrants to the sector.

    Strengths

    • South Africa is a major African fish producer.
    • South Africa is the world’s third-largest producer of abalone.

    Weaknesses

    • High cost of aquaculture production and limited infrastructure in rural areas.
    • Many of South Africa’s marine resources are considered overexploited or collapsed.
    • Mismatch of skills with jobs requirements.

    Opportunities

    • Consumption of fish, shellfish and other seafood is increasing.
    • Government investment in aquaculture.

    Threats

    • Cost increases, especially electricity and transport costs.
    • Disruption of electricity supply.
    • For commercial companies, a reduction in total allowable catch and quotas.
    • Illegal fishing.
    • Poaching and overfishing of abalone and wild fish stocks.
    • Shortage of skills in aquaculture.
    • Threat of wild fish stock depletions.

    Outlook

    South Africa’s fisheries sector has been experiencing considerable challenges over the past few years, which include increasing competition, changes in migratory patterns of marine species, increasing illegal fishing, poaching and a higher demand for access to the finite marine resources. As the success and sustainability of the fishing industry depends to a large extent on the allocation of fishing quotas, Department of Environment, Forestry and Fisheries upcoming allocation of quotas will determine how the large companies will be affected. Although, the continuing demand for South African abalone, trout and tilapia is expected to drive growth in the fish farming/aquaculture sector, increasing operating costs, high investment costs and the shortage of skills are preventing the sector from reaching its potential and providing job opportunities.

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa
    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2020

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2021-10-25

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2018-02-09

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2016-08-30

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2015-01-26

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    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Industry Value Chain 3
    2.2. Geographic Position 4
    3. SIZE OF THE INDUSTRY 6
    4. STATE OF THE INDUSTRY 7
    4.1. Local 7
    4.1.1. Corporate Actions 15
    4.1.2. Regulations 15
    4.1.3. Enterprise Development and Social Economic Development 17
    4.2. Continental 19
    4.3. International 20
    5. INFLUENCING FACTORS 22
    5.1. Total Allowable Catch and Quotas 22
    5.2. Economic Environment 23
    5.3. Government Initiatives 23
    5.4. Rising Operating Costs 24
    5.5. Technology, Research and Development (R&D) and Innovation 24
    5.6. Labour 26
    5.7. Environmental Concerns 28
    6. COMPETITION 30
    6.1. Barriers to Entry 31
    7. SWOT ANALYSIS 31
    8. OUTLOOK 32
    9. INDUSTRY ASSOCIATIONS 32
    10. REFERENCES 33
    10.1. Publications 33
    10.2. Websites 33
    APPENDIX 1 35
    Ocean & Coastal Fishing 35
    Fish Hatcheries & Fish Farms 39
    COMPANY PROFILES – OCEAN & COASTAL FISHING 42
    AFRICAN MARINE PRODUCTS (PTY) LTD 42
    IMPALA FISHING (PTY) LTD 44
    IRVIN AND JOHNSON LTD 45
    OCEANA GROUP LTD 49
    PIONEER FISHING (PTY) LTD 54
    PREMIER FISHING SA (PTY) LTD 57
    SEA HARVEST CORPORATION (PTY) LTD 60
    COMPANY PROFILES – FISH HATCHERIES & FISH FARMS 63
    ABAGOLD LTD 63
    AQUNION (PTY) LTD 66
    BLUE OCEAN MUSSELS (PTY) LTD 68
    BLUE-GREEN AQUACULTURE (PTY) LTD 70
    HIK ABALONE FARM (PTY) LTD 71
    IRVIN AND JOHNSON LTD 73
    JACOBSBAAI SEA PRODUCTS (PTY) LTD 77
    LA PIEUS AQUA (PTY) LTD 79
    PREMIER FISHING SA (PTY) LTD 81
    WEST COAST ABALONE (PTY) LTD 84
    WILD COAST ABALONE (PTY) LTD 86

    Report Coverage

    The report on South Africa’s fishing and fish farming industry describes current conditions, developments in the sector which is being threatened by poaching and overfishing, and factors that influence the success of fishing entities. Profiles for 18 companies, seven active in the commercial ocean fishing sector, and 11 in the sector, are provided. Included is one of the market leaders, Sea Harvest which in December 2017 reported it had entered into negotiations to acquire the entire business of Viking Fishing and a 51% majority stake in Viking Aquaculture. Also profiled is HIK Abalone Farm (Pty) Ltd, an aquaculture company that employs 170 people in the cultivation of 190kg of abalone every year for local and international markets.

    Introduction

    This report focuses on South Africa’s fishing and fish farming industry, which contributes about 0.5% to the country’s GDP. Poaching and overfishing continue to threaten the marine commercial fishing industry, which is valued at approximately R6bn annually. With declining wild fish stocks and strong demand for South African fish from international markets, the aquaculture or fish farming sector is growing steadily. In May 2017 the Minister of the Department of Agriculture, Forestry, and Fisheries (DAFF) reported that Operation Phakisa Oceans Economy, which was launched in 2015, is making inroads and growing the aquaculture sector. 450 direct jobs have been created and 2,000 additional tons of fish have been produced. This is a 35% increase for the sector and a contribution of R500m to South Africa’s GDP.

    Strengths

    • South Africa is a major African fish producer.
    • South Africa is the world’s third-largest producer of abalone.
    • The sector can comfortably accommodate large commercial companies as well as SMMEs.

    Weaknesses

    • High cost of aquaculture production and limited infrastructure in rural areas.
    • Inefficiency and poor management of the DAFF with regard to the fishing rights or Total Allowable Catch (TAC).
    • Many of South Africa’s marine resources are considered overexploited or collapsed.
    • Shortage of Department of Agriculture, Forestry, and Fisheries (DAFF) staff and a general shortage of necessary skills.

    Opportunities

    • Consumption of fish, shellfish and other seafood is increasing.
    • Government investment in aquaculture.

    Threats

    • Cost increases, especially electricity and transport costs.
    • For commercial companies, a reduction in TAC and quotas.
    • Illegal fishing.
    • Poaching and overfishing of abalone wild fish stocks.
    • Shortage of fish veterinarians and aquaculture farm managers is a threat to the growth of the industry.
    • Threat of wild fish stock depletions.

    Outlook

    The success and sustainability of South Africa’s fishing industry depends to a large extent on the allocation of fishing quotas. The decision by the DAFF to allocate quotas to more small fishing companies at the expense of the larger companies is expected to result in job losses because the well-established large factories have become less profitable. As mentioned, Viking Fishing is considering shutting down after it lost 60% of its hake quota. Role players commented that the outcome of the Fishing Rights Allocation Process 2020 could determine the future success of large commercial companies. Other issues that could affect the growth of the sector include the threat of wild fish stock depletions and illegal fishing. The increasing demand for South African abalone, trout and tilapia continues to drive growth in the fish farming/aquaculture sector but the high cost of investment and the shortage of skills mean that local aquaculture is likely to remain a minor contributor to national fishery production.

    Read More..
    Ocean & Coastal Fishing and Aquaculture Industry in South Africa
    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2018

    Full Report

    R 1 900.00(ZAR) estimated $105.41 (USD)*

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    Industry Landscape

    R 1 330.00(ZAR) estimated $ 73.79 (USD)*

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    Historical Reports

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2021-10-25

    R 1 900.00(ZAR) estimated $105.41 (USD)*

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2020-02-27

    R 1 900.00(ZAR) estimated $105.41 (USD)*

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2016-08-30

    R 1 900.00(ZAR) estimated $105.41 (USD)*

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    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2015-01-26

    R 1 900.00(ZAR) estimated $105.41 (USD)*

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    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Industry Value Chain 3
    2.2. Geographic Position 4
    3. SIZE OF THE INDUSTRY 6
    4. STATE OF THE INDUSTRY 14
    4.1. Local 14
    4.1.1. Corporate Actions 21
    4.1.2. Regulations 21
    4.1.3. Enterprise Development and Social Economic Development 24
    4.2. Continental 25
    4.3. International 27
    5. INFLUENCING FACTORS 28
    5.1. TAC and Quotas 28
    5.2. Economic Environment 29
    5.3. Government Initiatives 29
    5.4. Rising Operating Costs 30
    5.5. Technology, Research and Development (R&D) and Innovation 31
    5.6. Labour 33
    5.7. Environmental Concerns 35
    6. COMPETITION 37
    6.1. Barriers to Entry 37
    7. SWOT ANALYSIS 38
    8. OUTLOOK 39
    9. INDUSTRY ASSOCIATIONS 39
    10. REFERENCES 40
    10.1. Publications 40
    10.2. Websites 40
    COMPANY PROFILES - OCEAN & COASTAL FISHING 41
    AFRICAN MARINE PRODUCTS (PTY) LTD 41
    IRVIN AND JOHNSON LTD 43
    OCEANA GROUP LTD 47
    PIONEER FISHING (PTY) LTD 52
    PREMIER FISHING SA (PTY) LTD 55
    SEA HARVEST CORPORATION (PTY) LTD 58
    VIKING FISHING COMPANY (DEEP SEA) (PTY) LTD 60
    COMPANY PROFILES - FISH HATCHERIES & FISH FARMS 63
    ABAGOLD LTD 63
    AQUNION (PTY) LTD 66
    BLUE OCEAN MUSSELS (PTY) LTD 68
    BLUE-GREEN AQUACULTURE (PTY) LTD 70
    HIK ABALONE FARM (PTY) LTD 71
    IRVIN AND JOHNSON LTD 73
    JACOBSBAAI SEA PRODUCTS (PTY) LTD 77
    LA PIEUS AQUA (PTY) LTD 79
    PREMIER FISHING SA (PTY) LTD 80
    WEST COAST ABALONE (PTY) LTD 83
    WILD COAST ABALONE (PTY) LTD 85

    Report Coverage

    This report covers South Africa’s fishing and fish farming sector, including recent developments, as well as factors influencing the success of the sector. A wide spectrum of notable players in the fishing industry are also profiled, including Oceana Group, Irvin & Johnson Ltd (I&J), Sea Harvest, Pioneer Fishing, Premier Fishing, FoodCorp and Viking. Fish hatcheries and fish farms are also profiled and these include Abagold Ltd, Blue-Green Aquaculture (Pty) Ltd, Blue Ocean Mussels (Pty) Ltd and West Coast Abalone.

    Introduction

    This report focuses on South Africa’s fishing and fish farming industry, which contributes about 0.5% to the country’s GDP. The marine commercial fishing industry, which is valued at approximately R6bn annually continues to be threatened by overfishing and poaching. The World Wildlife Fund (WWF) estimates that about 70% of South Africa’s commercial fish species is considered collapsed and according to John Duncan, manager at WWF SA’s marine programme, South Africa’s inshore fishing is in crisis, where species such as crayfish and perlemoen have experienced an almost 90% decline. The country’s fisheries sector is also conservatively losing over R4bn annually due to poaching with about 3,000 tons of fish being poached.Demand for South African fish in well- established international markets remains steady and declining wild fish stocks continues to fuel growth of the aquaculture or fish farming sector. In response, the South African government has outlined aquaculture as an area for development in the Provincial Industrial Development Strategy and aims to grow the sector’s revenue from R0.67bn to R3bn.

    Strengths

    • South Africa is a major African fish producer.
    • South Africa is the third-largest producer of abalone.
    • The sector can comfortably accommodate large commercial companies as well as SMMEs.

    Weaknesses

    • Illegal fishing activities are often ignored.
    • Inefficiency and poor management of the DAFF with regard to the TACs.
    • Many of South Africa’s marine resources are considered overexploited or collapsed.
    • New entrants in the aquaculture sector experience difficulty accessing funding from commercial banks.

    Opportunities

    • Consumption of fish, shellfish and other seafood is increasing.
    • Expanding export markets.
    • Government investment in aquaculture.
    • Government’s financial support for small-scale fisheries.

    Threats

    • Cost increases, especially electricity and transport costs.
    • For commercial companies, a reduction in TACs and quotas.
    • Poaching and over-fishing of abalone wild fish stocks.
    • Shortage of fish veterinarians and aquaculture farm managers is a threat to the growth of the industry.

    Outlook

    South Africa’s fishing sector is being threatened by wild fish stock depletions and illegal fishing. If these threats are not successfully addressed, growth in the sector will be limited in the future. While the increasing demand for South African fish will continue to drive growth in the fish farming/aquaculture sector, the local aquaculture industry is still emerging and production levels currently remain low. According to Henk Stander, general manager of aquaculture within the Faculty of AgriSciences at Stellenbosch University, the South African aquaculture industry has great market potential, but requires a better regulatory framework in place and improved co-operation between government, private sector and tertiary institutions.

    Read More..
    Ocean & Coastal Fishing and Aquaculture Industry in South Africa
    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2016

    Full Report

    R 1 900.00(ZAR) estimated $105.41 (USD)*

    Buy Now +

    Industry Landscape

    R 1 330.00(ZAR) estimated $ 73.79 (USD)*

    Buy Now +

    Historical Reports

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2021-10-25

    R 1 900.00(ZAR) estimated $105.41 (USD)*

    View Report Add to Cart

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2020-02-27

    R 1 900.00(ZAR) estimated $105.41 (USD)*

    View Report Add to Cart

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2018-02-09

    R 1 900.00(ZAR) estimated $105.41 (USD)*

    View Report Add to Cart

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2015-01-26

    R 1 900.00(ZAR) estimated $105.41 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Industry Value Chain 3
    2.2. Geographic Position 4
    3. SIZE OF THE INDUSTRY 5
    4. STATE OF THE INDUSTRY 14
    4.1. Local 14
    4.1.1. Corporate Actions 21
    4.1.2. Regulations 21
    4.1.3. Enterprise Development and Social Economic Development 23
    4.2. Continental 25
    4.3. International 26
    5. INFLUENCING FACTORS 27
    5.1. TACs and Quotas 27
    5.2. Economic Environment 27
    5.3. Government Initiatives 27
    5.4. Rising Operating Costs 29
    5.5. Technology, Research and Development (R&D) and Innovation 29
    5.6. Labour 30
    5.7. Environmental Concerns 32
    6. COMPETITION 34
    6.1. Barriers to Entry 34
    7. SWOT ANALYSIS 35
    8. OUTLOOK 36
    9. INDUSTRY ASSOCIATIONS 36
    10. REFERENCES 37
    10.1. Publications 37
    10.2. Websites 37
    COMPANY PROFILES - OCEAN & COASTAL FISHING 38
    African Marine Products (Pty) Ltd 38
    Cape Pilchard Pioneer CC 40
    Irvin and Johnson Ltd 41
    Oceana Group Ltd 46
    Pioneer Fishing (Pty) Ltd 51
    Premier Fishing SA (Pty) Ltd 55
    Sea Harvest Corporation (Pty) Ltd 59
    Viking Fishing Company (Deep Sea) (Pty) Ltd 62
    COMPANY PROFILES - FISH HATCHERIES & FISH FARMS 65
    ABAGOLD LTD 65
    Aqunion (Pty) Ltd 68
    Blue Ocean Mussels (Pty) Ltd 70
    Blue-Green Aquaculture (Pty) Ltd 72
    Hailo-Dar Boerdery Projekte (Pty) Ltd 73
    HIK Abalone Farm (Pty) Ltd 74
    Irvin and Johnson Ltd 76
    Jacobsbaai Sea Products (Pty) Ltd 80
    Premier Fishing SA (Pty) Ltd 82
    West Coast Abalone (Pty) Ltd 85
    Wild Coast Abalone (Pty) Ltd 87

    Introduction

    South Africa’s fishing and aquaculture industry contributes about 0.5% to the country’s GDP, employs about 27,000 people and harvests approximately 600,000 tons of fish annually. The marine commercial fishing industry, valued at approximately R6bn annually remains extremely competitive especially as demand for South African fish in well- established international markets remains steady. Declining wild fish stocks and the growing demand for seafood around the world has resulted in the growth of the aquaculture or fish farming sector, which is still relatively small in South Africa. Government has outlined aquaculture as an area for development in the Provincial Industrial Development Strategy and aims to grow the sector’s revenue from R0.67bn to R3bn.

    Strengths

    • 
    • South Africa is a major African fish producer.
    • South Africa is the third-largest producer of abalone.
    • The sector can comfortably accommodate large commercial companies as well as SMMEs.

    Weaknesses

    • Illegal fishing activities are often ignored.
    • Inefficiency and poor management of the DAFF with regard to the TACs.
    • Many of South Africa’s marine resources are considered overexploited or collapsed.
    • New entrants in the aquaculture sector experience difficulty accessing funding from commercial banks.

    Opportunities

    • Consumption of fish, shellfish and other seafood is increasing.
    • Expanding export markets.
    • Government investment in aquaculture.
    • Government’s financial support for small-scale fisheries.

    Threats

    • Cost increases, especially electricity and transport costs.
    • For commercial companies, a reduction in TACs and quotas.
    • Poaching and over-fishing of abalone wild fish stocks.
    • Shortage of fish veterinarians and aquaculture farm managers is a threat to the growth of the industry.

    Outlook

    Demand for South African fish in international markets remains strong and according to Fish SA, domestic growth in the sector will be limited if the challenges facing the sector are not addressed. Fish SA also highlighted the need to “stabilise fisheries administration, get appropriate technical and managerial skills into fisheries management and develop an appropriate policy environment for the industry.”As a result of the decline in wild fish resources, South Africa’s aquaculture sector is expected to provide growth opportunities. However, issues such as the availability of suitable land for proposed aquaculture farms, unstable electricity supply and the shortage of fish veterinarians and aquaculture farm managers have to be resolved before the sector is able to grow the sector’s revenue from its current R0.67bn to Government’s aim of R3bn.

    Ocean & Coastal Fishing and Aquaculture Industry in South Africa
    Ocean & Coastal Fishing and Aquaculture Industry in South Africa 2015

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    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. DESCRIPTION OF THE INDUSTRY 1
    2.1. Industry Supply Chain 2
    2.2. Geographic Position 3
    3. SIZE OF THE INDUSTRY 4
    4. STATE OF THE INDUSTRY 8
    4.1. Local 8
    4.1.1. Corporate Actions 12
    4.1.2. Regulations & Government Programmes 13
    4.1.3. Enterprise Development and Social Economic Development 14
    4.2. Continental 16
    4.3. International 18
    5. INFLUENCING FACTORS 19
    5.1. TACs and Quotas 19
    5.2. Government Intervention 19
    5.3. Economic Environment 20
    5.4. Rising Input Costs 20
    5.5. Labour 20
    5.5.1. General 20
    5.5.2. Skills and Training 21
    5.5.3. Unions 21
    5.6. Environmental Concerns 22
    6. COMPETITION 23
    6.1. Barriers to Entry 23
    6.2. Technology, Research and Development (R&D) and Innovation 24
    7. SWOT ANALYSIS 25
    8. OUTLOOK 25
    9. INDUSTRY ASSOCIATIONS 25
    10. REFERENCES 26
    10.1. Publications 26
    10.2. Websites 26
    ORGANOGRAM 13100 27
    Ocean and Coastal Fishing 27
    COMPANY PROFILES 28
    AFRICAN MARINE PRODUCTS (PTY) LTD 28
    CAPE PILCHARD PIONEER CC 30
    FOODCORP (PTY) LTD 31
    IRVIN & JOHNSON LTD 34
    OCEANA GROUP LTD 36
    PIONEER FISHING (PTY) LTD 39
    PREMIER FISHING SA (PTY) LTD 42
    SEA HARVEST CORPORATION (PTY) LTD 45
    VIKING FISHING COMPANY (DEEP SEA) (PTY) LTD 47
    ORGANOGRAM 13200 49
    Fish Hatcheries and Fish Farms 49
    COMPANY PROFILES 50
    ABAGOLD LTD 50
    AQUAFARM DEVELOPMENT (PTY) LTD 52
    BLUE OCEAN MUSSELS (PTY) LTD 54
    BLUE-GREEN AQUACULTURE (PTY) LTD 56
    HIK ABALONE FARM (PTY) LTD 57
    IRVIN & JOHNSON LTD 59
    JACOBSBAAI SEA PRODUCTS (PTY) LTD 61
    PREMIER FISHING SA (PTY) LTD 62
    ROMAN BAY SEA FARM (PTY) LTD 65
    WEST COAST ABALONE (PTY) LTD 66
    WILD COAST ABALONE (PTY) LTD 67

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