25 C

BFAR exec cites potential of PH ornamental fish trade industry

Must read

- Advertisement -

THE Department of Agriculture-Bureau of Fisheries and Aquatic Resources (DA-BFAR) recently said it aims to increase the country’s competency in the global ornamental fish trade.

During the first ornamental fish summit of the National Fisheries Research and Development Institute (NFRDI), DA-BFAR officer-in-charge Demosthenes Escoto said the ornamental fish trade offers a wide opportunity for livelihood of Filipino fishers.

“This summit, apart from being monumental, is timely and relevant to the fisheries sector, as it gains the momentum towards recovery from the adverse socio-economic setbacks brought by the Covid-19 pandemic… Not everyone realizes that aside from the therapeutic benefits of petting ornamental fish, the ornamental fish business is actually a lucrative industry worldwide, with its prospects for livelihood and trade,” he said.

Escoto said the ornamental fish industry is showing a steadily increasing trend, being considered the second largest hobby worldwide.

The BFAR expressed confidence that the country’s ornamental fish trade will more likely boom and provide livelihood to fishers and even hobbyists.

The BFAR noted that the country is considered “one of the major players in the ornamental fish industry,” including the production of goldfish, koi, angelfish, guppy, and molly, among others.

“The Philippines is… one of the largest exporters in the world, with an average export of 5,215 metric tons from 2009 to 2016,” Escoto added.

Annually, the Philippines can produce a volume of 23,216,618 pieces of ornamental fish (both marine and freshwater), with a value of over PHP283.1 million.

Native ornamental fish

Besides the country’s capacity to competitively export marine ornamental fish, Escoto emphasized the need to develop the breeding of native or indigenous ornamental fish.

“Formulate breeding prorams to improve the quality of our freshwater ornamental fish, we must also be able to produce our own native ornamental fish species to be globally competitive. These initiatives will not only benefit local aquarists but will also increase the number of ornamental fish hobbyists in the country,” he said.

Currently, there are about 2,000 species of ornamental fish worldwide, 65 percent of which are produced by Asia, coming from Singapore, Sri Lanka, Malaysia, and Thailand.
In an expert presentation, DA-NFRDI Senior Science Research Specialist Frederick Muyot said the freshwater ornamental industry was developed as early as the 1980s. However, the Philippines has not yet posted significant progress in this area.

“Until now, we have not developed it into a booming industry, unlike our neighboring countries like Thailand, Singapore, and Malaysia, Indonesia, and China. Although if we look at it, there is a wide prospect for development for us, local and export market, and we have not yet tapped our export market,” he said.

He said the Philippines has a high production volume of freshwater ornamental fish. However, it is important to have a native production to increase the country’s competency in the global trade.

The Davao Region, Central Visayas, and Calabarzon (Cavite, Laguna, Batangas, Rizal, and Quezon) are the top three major players and producers in the ornamental industry.

“So ‘yung ornamental fish industry is malaki ang opportunity dun (There’s a huge opportunity in the ornamental fish industry)… We have a very large local market… and then export trade… steadily increasing po ang demand ng (of) ornamental fish… The export trade for freshwater ornamental fish is a highly competitive market that requires high-quality fish and competitive prices,” he said.

Major markets of ornamental fish include the United States of America, Hong Kong, Taiwan, Japan, China, Canada, and other European Union countries.

Considering this, the NFRDI said it is important for the government to pursue livelihood programs including the provision of agricultural inputs, breeding materials, and ornamental fish breeders, conduct training and seminars, perform fish fair exhibits, as well as intensify collaboration with the local government units.| – BNN / S. Sevillano / PNA

- Advertisement -
- Advertisement -

More articles

The 67th Session of the Commission on the Status of Women held on 6-17 March 2023 at the UNMHeadquarters in New York gathered representatives of member states, UN entities and non governmental organizations for the first in-person session since...
THE fans and critics have spoken. “AIR” is a real winner.  “AIR,” directed by Ben Affleck and featuring a star-studded cast led by Matt Damon, closed out the South by Southwest Festival to a wild standing ovation and rave reviews...
By JOENALD MEDINA RAYOS MOTORISTS and commuters plying the Balagtas-Bolbok Diversion Road in Batangas City who are always caught in heavy traffic especially during rush hours may find solace in the near future as the Depart-ment of Public Works and...
- Advertisement -

Latest article

- Advertisement -