Product Code: ETC385528 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The market for aquarium fish in Indonesia is a niche segment within the broader ornamental fish industry. The country is known for its diverse aquatic life, making it a popular source for exotic and colorful aquarium fish species. The export of aquarium fish is a significant contributor to the ornamental fish industry`s revenue. The outlook for this market is optimistic, with opportunities for expansion in both domestic and international markets as interest in aquarium keeping continues to grow.
The Indonesia Aquarium Fish market is influenced by various factors. Firstly, the popularity of ornamental fish in the aquarium hobbyist community has driven domestic and international demand. Indonesia is known for its diverse range of colorful and unique aquarium fish species. Secondly, the export of aquarium fish to global markets contributes significantly to the country`s economy. Sustainable harvesting and breeding practices are essential drivers to maintain the health of aquatic ecosystems while meeting market demand. Furthermore, the growth of online sales channels has expanded market reach and accessibility for both local and international buyers.
The aquarium fish market in Indonesia faces challenges due to the collection of fish from the wild. Unsustainable harvesting practices can deplete natural fish populations and damage coral reefs. Export regulations and restrictions imposed by destination countries also impact the trade. Ensuring ethical and sustainable sourcing of aquarium fish while meeting international standards is a major challenge.
The Indonesian aquarium fish market faced challenges due to the pandemic. Restrictions on travel and movement limited the export of these fish, affecting international sales. However, with the easing of restrictions and growing demand for pet fish, the market is gradually recovering. Local sales have also increased as more people have turned to aquariums for entertainment during lockdowns.
The Indonesian aquarium fish market is thriving due to the popularity of ornamental fish worldwide. Local players like CV Bahagia and CV Marbun Karya Nusantara are significant contributors to this market. They specialize in breeding and exporting various species of tropical fish, catering to both the domestic and international markets.