Recently, there has been a lot of good news in the Golden Pompano market! In fact, since the farming harvest season in 2022, the price of Golden Pompano has been rising all the way. In the past month, it has risen sharply, and the industry has recovered. People in this industry, especially farmers, have regained their confidence. In this post, we'll look at some predictions for the price of Golden Pompano.

What is the approximate amount of Golden Pompano in China at present?

According to the "2022 China Fishery Statistical Yearbook" data, in 2021, the current annual farming volume of Golden Pompano in China exceeds 240,000 tons, which is the highest over the years, and the farming volume in 2022 dropped significantly. If it is calculated on the basis of 200,000 tons per year, and the average survival rate is 70%, then more than 500 million or almost 600 million seedlings are needed every year.

What is the reason for the sharp rising of Golden Pompano price this year?

The main reason is that Golden Pompano is a good fish, because it grows in the sea, and it’s quality and taste are very good.

Second, the Golden Pompano industry has developed rapidly for more than 10 years. After so many years of promotion, more and more consumers recognize this fish.

Third, the number of seedlings is low this year, resulting in a shortage in the fish market and a large demand at the sales side. The supply of Golden Pompano is less than the demand. The above points are the reasons for the rising in fish prices this year.

What will the price of Golden Pompano be like in 2023?

It is expected that the price of commercial Golden Pompano fish in 2023 will not be bad, at least it will remain high on the basis of the same period this year. Because all products prices are generally rising, such as feed price may rise more than 20%.

In addition, people in the industry have been vigorously promoting this fish for many years. From China national media such as CCTV to local government departments and practitioners, they have been working for this fish in many ways. So far, the market has ushered in a good momentum. The current annual output reaches 200,000 tons. The Golden Pompano is popular and rich in nutrition. It is a high-quality sea fish with high cost performance. In the future, the output of this good fish may exceed 1 million tons, and the market still has a lot of space for growth.