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Evaluation of International Trade Statistics on Giant Clams and Related Products and the Market for Giant Clam Meat

Author

Listed:
  • Stanton, John
Abstract
This study examines whether international trade statistics can be used to provide a useful estimate of the extent of trade in, and the potential market for, giant clam meat. It evaluates the contribution of two reports which assessed potential export markets for giant clam meat. It also discusses the value of investigating the potential export market demand for giant clam meat using possible substitutes as a guide. International trade statistics are found to be insufficiently disaggregated to draw any conclusions as to the volume of trade. In addition, even if the commodity could be distinguished, assessment of any country's potential market demand for giant clam meat would require an accompanying in­depth market analysis. The two previous studies of the potential export market demand for giant clam meat used differing methodologies and reached different conclusions. At one extreme, Compass suggested a very large potential export market to many countries based on a diverse range of clam meat uses. At the other extreme, Dawson conducted a market analysis in only four countries which focussed on identifying a narrow range of existing and potential uses. This study examines the use of giant clam adductor muscle as a possible substitute for other seafood products using a characteristics approach and a review of studies of own-price, cross and income demand elasticities for seafoods. Substitution possibilities exist but the review suggests that market expansion, based on securing market share from adjacent commodities in characteristics space, may be difficult. Aggressive pricing to establish a market is likely to be counter-productive.

Suggested Citation

  • Stanton, John, 1990. "Evaluation of International Trade Statistics on Giant Clams and Related Products and the Market for Giant Clam Meat," Research Reports and Papers in Economics of Giant Clam Mariculture 206478, University of Queensland, School of Economics.
    • Handle: RePEc:ags:uqsegc:206478
    DOI: 10.22004/ag.econ.206478
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    References listed on IDEAS

    as
    1. Tacconi, Luca & Tisdell, Clem, 1992. "Economics of Giant Clam Production in the South Pacific - Fiji, Tonga and Western Samoa," Research Reports and Papers in Economics of Giant Clam Mariculture 206554, University of Queensland, School of Economics.
    2. Tisdell, Clem, 1989. "Aquaculture as a use of the Coastal Zone: Environmental and Economic Aspects, Giant Clam Farming as a Development," Research Reports and Papers in Economics of Giant Clam Mariculture 206399, University of Queensland, School of Economics.
    3. Firdausy, Carunia & Tisdell, Clem, 1989. "Seafarming as a Part of Indonesia's Economic Development Strategy - Seaweed and Giant Clam Mariculture as Cases," Research Reports and Papers in Economics of Giant Clam Mariculture 206397, University of Queensland, School of Economics.
    4. Tacconi, Luca & Tisdell, Clement A., 1991. "Aid for Village-Based Rural Projects in LDCs: Experiences, Project Appraisal and Selection, ACIAR and Giant Clam Culture as a Case," 1991 Conference (35th), February 11-14, 1991, Armidale, Australia 146403, Australian Agricultural and Resource Economics Society.
    5. Tisdell, Clem & Tacconi, Luca & Barker, J.R. & Lucas, J.S., 1991. "Economics of Ocean Culture of Giant Clams: Internal Rate of Return Analysis for Tridacna gigas," Research Reports and Papers in Economics of Giant Clam Mariculture 206543, University of Queensland, School of Economics.
    6. Tacconi, Luca & Tisdell, Clem, 1992. "Exports and Export Markets for Giant Clam Products in the South Pacific: Fiji, Tonga and Western Samoa," Research Reports and Papers in Economics of Giant Clam Mariculture 206555, University of Queensland, School of Economics.
    7. Tisdell, Clem, 1991. "A Report on the Test Marketing of Giant Clams as Aquarium Specimens in Brisbane, Australia," Research Reports and Papers in Economics of Giant Clam Mariculture 206547, University of Queensland, School of Economics.
    8. Tisdell, Clem, 1990. "Exploring the Demands for Farmed Giant Clams and their Components: Approaches and Problems," Research Reports and Papers in Economics of Giant Clam Mariculture 206476, University of Queensland, School of Economics.
    9. Tisdell, Clem, 1989. "Pacific Giant Clams and their Products: An Overview of Demand and Supply Factors," Research Reports and Papers in Economics of Giant Clam Mariculture 206474, University of Queensland, School of Economics.
    10. Firdausy, Carunia & Tisdell, Clem, 1990. "The Potential Demand for Giant Clams in Indonesia and their Status: A Report on a Survey of Four Coastal Villages in Bali and Java," Research Reports and Papers in Economics of Giant Clam Mariculture 206485, University of Queensland, School of Economics.
    11. Tisdell, Clem, 1992. "Interest of Asian Restaurants in Queensland in Using Giant Clam Meat in their Cuisine and their Knowledge of it," Research Reports and Papers in Economics of Giant Clam Mariculture 206559, University of Queensland, School of Economics.
    12. Tisdell, Clem, 1989. "Market for Giant Clam Shells: Report on a Survey of Retailers and Wholesalers in Southeast Queensland, Australia," Research Reports and Papers in Economics of Giant Clam Mariculture 206396, University of Queensland, School of Economics.
    13. Tisdell, Clem & Wittenberg, Rene, 1989. "Market for Giant Clams as Aquarium Specimens: Report on a Survey of Retailers of Supplies for Saltwater Aquariums, Southeast Queensland, Australia," Research Reports and Papers in Economics of Giant Clam Mariculture 206398, University of Queensland, School of Economics.
    14. Tisdell, Clem & Lucas, J.S. & Thomas, W.R., 1990. "An Analysis of the Cost of Producing Giant Clam (Tridacna Gigas) Seed in Australia," Research Reports and Papers in Economics of Giant Clam Mariculture 206480, University of Queensland, School of Economics.
    15. Vuki, Veikila & Tisdell, Clem & Tacconi, Luca, 1991. "Socio-economic Aspects of Giant Clams in the Lau Group, Fiji and Farming Prospects: Results of Field Research," Research Reports and Papers in Economics of Giant Clam Mariculture 206544, University of Queensland, School of Economics.
    16. Tisdell, Clem, 1990. "Progress Report No 1 to ACIAR Project No. 8823," Research Reports and Papers in Economics of Giant Clam Mariculture 206483, University of Queensland, School of Economics.
    17. Firdausy, Carunia & Tisdell, Clem, 1990. "Assessing Species for Mariculture in Developing Countries: A Review of Economic Considerations," Research Reports and Papers in Economics of Giant Clam Mariculture 206479, University of Queensland, School of Economics.
    18. Tacconi, Luca & Tisdell, Clem, 1992. "Domestic Markets and Demand for Giant Clam Meat in the South Pacific Islands - Fiji, Tonga and Western Samoa," Research Reports and Papers in Economics of Giant Clam Mariculture 206553, University of Queensland, School of Economics.
    19. Pollock, Nancy J., 1992. "Giant Clams in Wallis: Prospects for Development," Research Reports and Papers in Economics of Giant Clam Mariculture 206557, University of Queensland, School of Economics.
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