The fishkeeping industry
Worldwide, the fishkeeping hobby is a multi-million dollar industry, and the United States is considered the largest market in the world, followed by Europe and Japan. In 1994, 56% of U.S. households had pets, and 10.6% owned ornamental freshwater or saltwater fish, with an average of 8.8 fish per household. In 1993, the retail value of the fish hobby in the United States was $910 million.
From 1989 to 1992, almost 79% of all U.S. ornamental fish imports arrived from Southeast Asia and Japan. Singapore, Thailand, the Philippines, Hong Kong, and Indonesia were the top five exporting nations. South America was the second largest exporting region, accounting for 14% of the total annual value. Colombia, Brazil, and Peru were the major suppliers. The remaining 7% of ornamental fish imports came from other regions of the world.
Approximately 201 million fish worth $44.7 million were imported into the United States in 1992. These fish comprised 1,539 different species; 730 freshwater species, and 809 saltwater species. The freshwater fish accounted for approximately 96% of the total volume and 80% of the total import value. Of the total of all trade, only 32 species had import values over $10,000. These top species were all of freshwater origin and accounted for 58% of the total imported value of the fish. The top imported species are the guppy, neon tetra, platy, betta, Chinese algae eater, and goldfish.
Several large companies are focused primarily or extensively on supplying the fishkeeping hobby, producing products such as fish food, medicine, and aquarium hardware. Among the largest of these are Eheim, Tetra, Sera, all based in Germany; Hikari, a Japanese company; Fluval, part of the Canadian Rolf C. Hagen group; Interpet, a British company that also owns the Red Sea brand; and the American company Aquarian, owned by Mars, Incorporated but usually trading under the Waltham petfoods brand.
This guide is licensed under the GNU Free Documentation License. It uses material from the Wikipedia.
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