The definitive answer to why a gem tang costs so much

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Pieces of the Ocean

Pieces of the Ocean

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Isn't it also true that there's a limit on how many gem tangs you can bring in per shipment? I was always under the impression that part of the high cost was to compensate for the fact that you are forced to buy a bunch of common "filler" fish at very high prices to finish off the box, and then you have to sell those fish basically at cost and rely on the few gem tangs to make a profit. (Full disclosure- I've seen the Mauritius export list; these fish are expensive right from the get-go.)

I thought it was cause the few shipping fish out of Mauritius are smart and only ship one gem tang per order of so much bread and butter fish (I don't know the exact amount). I understand they come from far away but it's more smart business than location. I honestly don't think Gems or zebra tangs are all that scarce. The fact that they only come from one location though, and the amount of collectors are limited gives the exporters all the leverage to limit how many leave the country. Prices would be half if they shipped whole boxes of gems.

If it was simply a madder of location, Austrailian fish would be just as bad.

The requirement to carry bread & butter fish in order to receive a high end fish is common in the trade and not unique to Mauritius. Same with corals.

I thought it was illegal to fish those waters for gem tangs? Thats why they were so expensive?

I believe you meant to say fishing in those waters are regulated. The gems we have here were legally collected.

Maneeka Gurroby talks about how her family collect the gem tang in Mauritius during MACNA 2014. There is a very limited amount of permits given out by the government that allows the collection of gem tangs. This in part limits the supply and is a contributing factor (in addition to all of Kenny's points) to the cost.

Heres the BRS link to the talk for anyone interested. It's quite fascinating really.

http://www.bulkreefsupply.com/video...s-in-Mauritius-by-Meneeka-Gurroby-MACNA-2014/

Yeah I saw that. Thanks for posting this helpful link. Yeah being regulated also contributes to limited supply which when exceeded by demand common economics come into play.
 

revhtree

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Nice thread!
 

Reefer with SeaHorses

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Very interesting post and lot of great information! I had not considered costs incurred from divers to shipping and final arrival for sale and I'm even in transportation. Guess I did not realize how far some creatures come.
 

Diesel

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Interesting!
And I'll follow.

Gem and the 2 B's.
DSC_0959-L.jpg
 

4FordFamily

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Thanks for the write up. I think my thread was the original. Interesting that you posted this because just today my boss and I were chatting about this process.
 

Diesel

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Seems we have the same 3 fish. What else you have in that tank?

That's not possible, the fish I have are in my tank.
Maybe we got identical fish I can agree.
My tank is under stocked, but I've a Yellow Tail Damsel too.
2 Bellus Angels, Flame Angel, 3 different kind Leopard Wrasses, Magnificent Fox, Blond Naso.
 

Friday24

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I can understand that certain fish will cost more money because of where they are collected and the expense to collect and safely ship the fish, however if a Gem Tang comes from Mauritius and costs on average a around $2000 then why can you pick up a Jewelled Leopard Wrasse that comes from the same place for $200-$300? I would lean more toward supply and demand, the same reason there is actual "value" to anything.
 

ReeferAlex

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That's not possible, the fish I have are in my tank.
Maybe we got identical fish I can agree.
My tank is under stocked, but I've a Yellow Tail Damsel too.
2 Bellus Angels, Flame Angel, 3 different kind Leopard Wrasses, Magnificent Fox, Blond Naso.

Nothing wrong with bread and butter. Enjoy.
 

Sahye

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Up to now i know only 1 exporter of gem tang and himself he said its very difficult to get them
 

Sahye

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I think I saw a thread asking this a while ago. And I get asked this question almost every time a customer sees our gem tangs. Having dealt directly with the supplier and those in the chain of custody through which gem tangs go through, I am in a position to give true insights as to why it costs so much, and hopefully clear the air for many that are simply baffled by these prices.

The high price of a fish is brought on by the tangible effort and risks it takes to collect (depth) and/or transport (location) the fish to the trade. This applies to all saltwater fish species collected in the wild. In the case of gem tang it is mostly location.

If you don't already know, gem tangs are collected in Mauritius only. If you look it up on the map, it is practically in the middle of nowhere. The closest lands to it are Reunion, Madagascar, Mayotte, Comoros, and Seychelles - and they are all islands!

Here's the map that shows the location of Mauritius:
mauritius_map.jpg


Mauritius is actually a world-class destination island. Looking at the map makes you wonder how you would even get there. For a long time airport authorities tried to establish the island's exclusivity by allowing only Air Mauritius and established national carriers such as like British Airways and Air France, which restricted access and kept ticket prices exaggeratedly high. In recent years that policy has loosened up a bit but the effect lingers. I do not know how much a plane ticket costs but it is definitely not like flying to Indonesia.

So let's imagine having to fly from Mauritius to LAX. You are already getting an idea of where this is going. And of course, flying only one fish half-way around the world makes no sense. For what we're paying on freight, we need to order a few boxes of fish to make this trip worthwhile. And this is required by all exporters simply because they rely on volume to make their margin. Those in the freight business know how much freight can cost. We are basically shipping water, and freight is charged by weight. See where this is going?

By the time the boxes arrive at LAX, everyone that has anything to do with the shipment will need to be compensated, from the diver, driver, packer, airport freight workers, etc. Not to mention fuel (expensive) for the boat to go out to collect, and equipments etc. And it has not even gotten to the store yet. And the wholesaler will have to make money (surprise) and they also have to account for any losses occurred after a 20+ hour flight. Guarantee policy on a import shipment is not like your P.O.T.O. Conditioned policy. I'll just leave it at that.

Then finally, a reputable retailer would have to condition the fish, take on more risks and incur more expenses before the customer even lays eye on it. After all is said and done, you're looking at a price the reflects the amount of tangible effort it took to bring this gem tang safely from the ocean to our aquarium, while compensating everyone that participated in that effort.

To put this in perspective, in Europe, the gem tang costs about 1/3 as much and a yellow tang is priced like a purple tang in Europe.

Final note - whenever someone says a fish is "rare", it does not mean it's rare in the wild. If it was I'm pretty sure we wouldn't be allowed to collect it. There are no rare fish in the hobby. We just have fish that take a lot of effort to make available to the hobby.

I hope this helped answer any question people have about the high prices of our fish. Now someone please explain to me why the bounce mushroom costs more than a gem tang. Is it from Mars?

Kenny
Myself i'm from mauritius and i know only 1 guy who export gem tang and it would be b cool if u could let me have yr contact cause need to fill ma tank a bit. So wanted to compare price
 

Sahye

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Ma
I can understand that certain fish will cost more money because of where they are collected and the expense to collect and safely ship the fish, however if a Gem Tang comes from Mauritius and costs on average a around $2000 then why can you pick up a Jewelled Leopard Wrasse that comes from the same place for $200-$300? I would lean more toward supply and demand, the same reason there is actual "value" to anything.
Mam pretty difficult to collect them cause they live in pretty deep waters and when they are brought in they usually die of stress
 

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