Welcome to Territory Pictures Attractions Quick Look Section.
Quick Look
Home > Quicklook  > Seafood Industry

Seafood Industry.

Quick Look Climate Population Developing Multi cultural
Fishing Permits Travel Tips Economy Transport Seafood Industry
Things to know Phone Numbers Misc Info    

Facts on the Northern Territory`s seafood industry


  • Approximately half a billion dollars is invested in licences, vessels and equipment that are operated in waters adjacent to the Northern Territory.
  • Over 650 businesses are directly involved in the professional seafood industry, many having come from interstate to re-establish in the Northern Territory.
  • There is a very significant number of businesses such as Chandles, mechanics, boat yards, electricians, refrigeration specialist, carpenters, welders and other service providers that are also dependent on a healthy seafood industry for their continuing viability.
  • Presently there are approximatly 330 registered commercial vessels operated by the professional seafood industry in waters adjacent to the Northern Territory.


  • More than 1400 people are employed in the professional seafood industry and the number is continuing to grow.
  • An estimated $180 million in wages has been payed over the past three years by businesses directly involved in the professional seafood industry.
  • During the past three years, more than 1100 people have been formally trained in the Northern Territory to obtain qualifications that are used in the industry.


  • In 2000, production from aquaculture and wild harvest from waters adjcent to the Northern Territory was valued at $150.6 million.
  • Between 1997-98 and 1999-2000, the production value totalled $374.6 million. By the time this product reached the consumer it had a conservatively estimated value of
    $1 billion.


  • The majority of Territorians rely on the professional seafood industry for their local seafood supplies.
  • The industry also sells product on every major Australian seafood market.
  • Northern Territory product is exported to markets in North America, together with a number of countries in Europe and Asia. These markets are continuing to expand.


Examples of expenditures by the professional seafood industry which benefit businesses that service the industry are:

  • An average mub crab fishery business spends at least $100,000 per annum in the operation of a licence, while an average barramundi business can spend up to $150,000.
  • An average shark vessel can spend up to $200,000 per annum and a prawn trawler can spend significantly more.
  • Tens of millions of dollars are spent on fuel each year by vessels that harvest waters adjacent to the Northern Territory.