Ornamental fish business booming
Ornamental fish business booming
Debbie A. Lubis, The Jakarta Post, Jakarta
As most businesses suffer hardship following the economic
crisis which began in 1997, the ornamental fish business enjoys
an ever-increasing growth in demand, especially from the export
markets.
Surprisingly, this business is only popular in Jakarta and
Bali and a few other coastal areas in Java.
Not many people realize its potential, although the industry
reaped some US$11.3 million in foreign exchange export revenue
last year alone.
This year, export revenue is expected to increase due to
continuing demand from regular buyers, especially in Japan, the
US and Europe.
Most interestingly, those buyers are especially seeking
ornamental fish from Indonesian waters, according to the chairman
of the Indonesian Coral, Shell and Ornamental Fish Association
(AKKII), Suyatno.
However, despite the demand, exporters here face unnecessary
impediments to supplying overseas clients.
Unlike their competitors in neighboring countries, Indonesian
ornamental fish exporters are still facing serious problems and
difficulties in packaging the fish and marketing techniques, but
most of all in bureaucratic hurdles with certain government
departments.
Deddy Mulyadi, general manager of Aqua Marindo, said that one
of the most costly elements, among other things, for
businesspeople here was getting the export license from the
Ministry of Maritime Affairs and Fisheries.
"You may be arbitrarily charged anywhere from Rp 5 million to
Rp 10 million to get an export license. It all depends on the
officer's mood, there doesn't seem to be a set criteria," Deddy
said.
Indonesia's most sought-after freshwater ornamental fish
include the Red Dragon (Sclerophages Formosus) from Kalimantan,
the Clown Loach (Botia Maracantha, Botia Hymenophysa) from Jambi,
the Celebes Rainbow Fish (Telmatherina Ladigesi) from Sulawesi
and the (Sclerophages Jardini) from Papua, Suyatno said.
In fact, Indonesia has more than 100 species of freshwater
ornamental fish and more than 200 species of marine ornamental
fish.
The buyers usually select the ornamental fish based on their
rarity, fascinating eyes, size, extraordinary length, tail shape
and enchanting colors.
For some people who believe that such fish may bring wealth,
fortune, prestige and happiness, they will dare to pay high
prices.
For example, some popular Koi fish sell for up to Rp 5 million
(US$500), and a Lou Han Golden (Cichlasoma) can fetch up to Rp
400 million (US$40,000).
There have been many success stories from businessmen in this
sector, especially the exporters.
Masman is one of them. He has been in the business since 1978,
starting with an initial budget of Rp 25 million (about US$12,000
at that time).
"Now I can earn $150,000 per month from exporting marine
ornamental fish," he said.
He said that he bought most of his fish from farmers in
coastal areas in some regions like Pulau Seribu in Jakarta,
Pangandaran in West Java, Lampung, Jepara in Central Java, Padang
in West Sumatra, Manado in North Sulawesi, Makassar in South
Sulawesi and Biak in Papua.
He exports approximately 15 tons of marine ornamental fish
every month to Europe, the US, Japan, Singapore and Taiwan.
"Most buyers from European countries prefer small marine
ornamental fish like the Clown Fish while Asian buyers like the
big ones," he said.
Ferry, another exporter, said that every month his company
exported 500 cases of freshwater ornamental fish mainly to
Europe, Japan, United States, Singapore and Australia.
He said that most European customers mostly bought Betta
Imbellis from his company while Americans purchased Lou Han fish.
He said his company had been breeding the freshwater
ornamental fish for several years in some of its breeding farms
in Jakarta, Bogor and Blitar in East Java as well as Bali.
In addition to the success stories, there are surely some
people who have failed in the business. Those people are usually
beginners, who entered the business through breeding.
As for the first-time exporters, the competition is more from
foreign exporters rather than from domestic exporters here.
Currently, Indonesia supplies 9 percent of European ornamental
fish demand and 6 percent of demand in the United States.
Indonesia's major competitors in the ornamental fish business
are Singapore, Sri Lanka, Thailand, Brazil, Hong Kong, Malaysia
and the Philippines.