Wednesday, December 31, 2014

New markets for ornamental fish

Daily News - 31/12/2014


Some 40 regular export companies in Sri Lanka have successfully taken a 2.7 % share out of the US$ 400 million global market. Promising new global markets have opened for ornamental fish in 2013. The promising and profitable new markets come from the Middle East such as Qatar, Iran and Lebanon who have strongly increased their demand for ornamental fish

Sri Lanka's ornamental fish industry which commands about 2% market share in the global ornamental fish industry should enhance nutrition and disease management, water management, selective breeding and genetic enhancement if the country needs to further increase its share in the global market, industry officials said.

The government of Sri Lanka has taken various measures to enhance the value chain to boost international ornamental fish earnings in a better manner and to become a premium product supplier to the high end of the market. Sri Lanka exports to more than 40 countries and major buyers include countries such as Argentina, Canada and the USA.


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