Mainland China and Hong Kong have become the largest shark fin market with 90% consumption, according to the statistics from WildAid.

The 2007 global consumption of shark fin market has quadrupled the number of ten years ago, revealed by international trade monitoring data. Beijing is probably the biggest mainland market with 2.5 tons daily consumption of dried shark fins, which indicates about 1,000 tons annual consumption.

Most of the shark fins in domestic market are imported from Indonesia, Philippine, Japan and Spain due to the scarce fishery resources in China’s inland sea. Wu Huihan, vice president of Guangzhou’s Dried Seafood Guild, said that China had only one or two fishing companies with the ownership of large marines for shark-hunting.

Source: Morning Whistle Jan 2013

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