Marine ornamental fish imports in the European Union: an economic perspective

Abstract

AbstractThe marine ornamental fish trade (MOFT) is a worldwide industry that targets a remarkable quantity and diversity of reef fish species and provides an important source of revenue for exporting countries, particularly developing nations in Southeast Asia. Here we provide, for the first time, an economic assessment of the MOFT to the European Union (EU), one of the key players of the marine aquarium trade, along with the USA and Japan. Data from EUROSTAT (the European Statistical System) was analysed for the MOFT between 2000 and 2011. Results show that this industry was not affected by the economic crisis and accounted for a total of 135 million Euros during the study period. Both the UK and Indonesia have been reinforcing their importance as leading importer and exporter countries, respectively. The long‐term temporal pattern of the MOFT by EU and non‐EU countries is described, as well as its diversity and evenness between importing and exporting countries. The present economic assessment also identifies the key players of this industry, and ultimately contributes to management and conservation practices that may enhance the sustainable use of world's coral reefs.