Fiji currently imports over 70% of shrimps for local consumption. Total imports are estimated to be around 600 metric tons, valued at approximately F$15.2 million annually from
Australia and
Solomon Islands to mainly feed our hotel industry. The local supply from natural population is quite small and is estimated to be less than 500 tons per annum.
The local market price for freshwater prawns, was previously was less than F$20 per kg, and this has improved recently. Now fresh water prawns fetches around F$25 - $30 per kg locally.
However aquaculture in Fiji is still at its infant stage (less than 10% of the value of all fishery exports) and this is expected to increase. With a scope of additional projects that may soon come on stream, Fiji could be poised for rapid growth of its aquaculture sector.
Download Prawn Profile for more information.