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Over 90% of the value of the Tasmanian commercial wild fishery comes from abalone and rock lobster, the vast majority of which is exported to Asian markets. Therefore, demand and prices received are affected by the value of the relative currencies and the strength (or weakness) of the Australian dollar. The state of the various Asian economies also impacts on demand for these luxury items in those countries.
ABALONE, Beach price(a)ROCK LOBSTER
All rock lobster are landed live and are generally purchased by the processor at the wharf. Since the March quarter 2000, the beach price paid for rock lobster has remained over $30 per kilogram. In the March quarter 2003, the beach price paid was $33.88 per kilogram.
ROCK LOBSTER, Beach price(a)