The market for shrimp products is approaching saturation, while the market for fish maw and mitten crab products has greater potential.

In the next 2-3 years, the aquarium and pet markets are expected to achieve strong growth, especially compared to the already saturated cat and dog market, there is still huge room for improvement in the penetration rate of aquarium pets.

In August 2024, the top three imported aquatic products were crustaceans, frozen fish, and mollusks, with imports of 718.5 million US dollars, 358.8 million US dollars, and 177.0 million US dollars, accounting for 48.2%, 24.1%, and 11.9% of the total aquatic product trade imports,

The company responded on the investor interaction platform that the losses in the first half of 2024 were mainly due to the company's compliance capacity compensation and tight fund.

The output value of freshwater ornamental fish was 10.216 billion yuan; the output value of marine ornamental fish was 1.684 billion yuan.

The output values ​​of fishing tackle, bait, ornamental fish, fishery medicine and aquarium equipment, and ornamental fish industry are 14.583 billion yuan and 11.899 billion yuan, respectively, accounting for 15.66% and 12.77%

Will the fish market rise due to holiday consumption as the National Day holiday is coming?

The production of marine aquaculture reached 14.9124 million tons, a year-on-year increase of 5.01%; The output of freshwater aquaculture was 20.0577 million tons, a year-on-year increase of 4.07%.

China's tuna import and export trade continued to grow in July 2024. Although the growth rate of imports has slowed down, the performance of exports has been very strong and the growth rate has expanded significantly

The United States is the world's largest ornamental fish market. About 10% of the population raises ornamental fish, a total of about 10 million people, and 40% of aquarium enthusiasts own several aquariums.