High nutritional value, growing market demand, preference for import standards, and price factors work together to make China the main driving force of the global salmon market.
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 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%