Journal of Aquaculture Research & Development

Export trend of Nigerian ornamental fish industry

5^th Euro Global Summit on Aquaculture & Fisheries

March 30-31, 2017 Madrid, Spain

Akinsorotan A M

Federal University Oye Ekiti, Nigeria

Posters & Accepted Abstracts: J Aquac Res Development

Abstract:

The ornamental fish sector is extensive and form an important aspect of global international trade in fisheries. Inspite of being in the fore front of export in Africa, Nigeria remains resilient, undeveloped and unappreciated of the industry. This study aims to (1) identify the various indigenous and exotic ornamental fish species being exported from Nigeria (2) to provide an overview of the trends in the Nigerian ornamental fish export industry. 40 indigenous fish species and exotic fish species have been found to get exported from Nigeria. The export trend of the industry for seven years (1995 - 2012) shows a declining state which also reflected in the annual and compound annual growth rate. Ornamental fish industry has enormous potential in tropical countries like Nigeria. The trade can be expanded with new technologies and new policies will have to be developed which will help in attaining a sustainable and viable industry and open a vibrant foreign exchange earnings for the country.

Biography :

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