I'm going to put this back on topic a bit. Eric states that by some estimates the ornamental fish trade is worth billions per year. He must have gotten that from an article Doug Robbins wrote in Advanced Aquarist on advances in aquaculture, http://www.advancedaquarist.com/2005/11/media because Eric sites that article as a source of inspiration for Coralmania. The following is a quote from that article.
" We will have another chance. The front page story in West Hawaii Today of July 26, 2005 reads "Marine biologist receives grants to raise reef fish." Carolyn Lucas reports that expert marine hatchery biologist Syd Kraul, owner of Pacific Planktonics at the Natural Energy Laboratory here, is researching ways to successfully produce high value ornamental reef fish in captivity for the aquarium industry. Estimates are that the market has a potential annual worth up to $15 billion worldwide."
I have to agree with Steve on this one. A lot of the inflated numbers we see on the trade come from the business plans of people seeking grants. If spawner is reading this I want to point out that they are suggesting the cultured fish market has a potential $15 billion dollar value. They are not including supplies. At least it doesn't appear that way to me. If you believe the 30% per year growth figure I guess you can get from $200 million to $15 billion. I have to admit it does sound good in the business plan when you are seeking investors. :wink:
PS
Here is Eric's quote from Coralmania: "The global wholesale trade in marine species for aquaria amounts to $200-330 million, with some retail estimates today in the billions, and includes primarily fish, corals, sponges, anemones, mollusks, crustaceans and live rock"
" We will have another chance. The front page story in West Hawaii Today of July 26, 2005 reads "Marine biologist receives grants to raise reef fish." Carolyn Lucas reports that expert marine hatchery biologist Syd Kraul, owner of Pacific Planktonics at the Natural Energy Laboratory here, is researching ways to successfully produce high value ornamental reef fish in captivity for the aquarium industry. Estimates are that the market has a potential annual worth up to $15 billion worldwide."
I have to agree with Steve on this one. A lot of the inflated numbers we see on the trade come from the business plans of people seeking grants. If spawner is reading this I want to point out that they are suggesting the cultured fish market has a potential $15 billion dollar value. They are not including supplies. At least it doesn't appear that way to me. If you believe the 30% per year growth figure I guess you can get from $200 million to $15 billion. I have to admit it does sound good in the business plan when you are seeking investors. :wink:
PS
Here is Eric's quote from Coralmania: "The global wholesale trade in marine species for aquaria amounts to $200-330 million, with some retail estimates today in the billions, and includes primarily fish, corals, sponges, anemones, mollusks, crustaceans and live rock"