Around The World
In 2004, the total world production of fisheries was 140 million tonnes of which aquaculture contributed 45 million tonnes, about one third. The growth rate of worldwide aquaculture has been sustained and rapid, averaging about 8 percent per annum for over thirty years, while the take from wild fisheries has been essentially flat for the last decade. The aquaculture market reached $86 billion in 2009.
Aquaculture is an especially important economic activity in China. Between 1980 and 1997, the Chinese Bureau of Fisheries reports, aquaculture harvests grew at an annual rate of 16.7 percent, jumping from 1.9 million tonnes to nearly 23 million tonnes. In 2005, China accounted for 70% of world production. Aquaculture is also currently one of the fastest growing areas of food production in the U.S.
Approximately 90% of all U.S. shrimp consumption is farmed and imported. In recent years salmon aquaculture has become a major export in southern Chile, especially in Puerto Montt, Chile's fastest-growing city.
Read more about this topic: Aquaculture
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