lautnusantara.com Coral trout is a highly valued fishery commodity in the global market, particularly in East and Southeast Asia. Its status as a "premium fish" is based on several key factors:

1. Very High Selling Price:

• Coral trout, especially those exported live, command a much higher selling price than other marine fish. Prices can reach tens to hundreds of dollars per kilogram, depending on the species (such as tiger grouper, mouse grouper, or sunu grouper), size, and quality.
• In markets like Hong Kong and China, live coral trout is a mainstay in high-end restaurants and is often served at important events and lavish banquets, driving up its price.

2. Strong and Stable Market Demand:

• Demand for coral trout, especially live, continues to increase. This is driven by economic growth and increasing purchasing power in China, Hong Kong, Singapore, and Taiwan.
• Coral grouper is a symbol of status and luxury in culinary dishes, especially in Chinese culture, where fresh, live fish is considered a delicacy.

3. Superior Taste and Meat Quality:

• Coral grouper meat is highly valued for its soft texture, savory flavor, and minimal fishy odor. This fish is highly versatile and suitable for various cooking methods, such as steaming, frying, or grilling.
• The high nutritional content, including protein and Omega-3, also makes it attractive to health-conscious consumers.

4. Challenges and Opportunities in Cultivation:

• The wild population of coral grouper continues to decline due to overfishing. This has prompted the industry to shift to aquaculture to meet market demand.
• Coral grouper cultivation, although challenging, offers a very promising business opportunity. Indonesia, as an archipelagic nation with abundant marine resources, is strategically positioned to develop coral grouper cultivation. However, obstacles such as the availability of seeds, high feed costs, and the long maintenance period (around one year) remain challenges that must be overcome.

5. Main Export Markets:

The main export destinations for live coral grouper from Indonesia and other producing countries are:

• Hong Kong: The main hub for live grouper trading, which is then distributed to China.
• Mainland China: The largest market with massive demand, especially for restaurants and celebrations.
• Singapore and Malaysia: Stable markets with high demand.
• Japan, South Korea, and the Middle East: Potential markets showing growing demand.

With its unique characteristics, high selling price, and increasing demand from premium markets, coral grouper consistently holds its position as one of the most valuable fishery commodities in global trade.

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