Economists say that the fish market is a near-perfect example of market competition. This is due in part to product differentiation—fish suppliers will sell their product to restaurants, hotels, grocery stores, and markets. Tropic Fish Hawaii in Honolulu is the largest seafood distributor in Hawaii. They buy their fish from local fisherman and auctions, providing their clients with a premium selection of fresh and frozen bluefin tuna, yellowfin tuna, marlin fish, mahi-mahi, and much more. 

The fish market is a centralized market which matches buyers to sellers. When selling to informed buyers who are well-versed in market prices, bartering is standard. The value of fish is at its peak when the fish is as fresh as possible. Therefore, if a fish is not at peak freshness, demand for the product declines and the price drops. Weather conditions have a significant effect on supply, and therefore on the price of the product—some types of fish are typically more in demand than others, such as bluefin or yellowfin tuna and mahi-mahi. Different buyers will also favor certain types of fish depending on what their clients demand. 

Fish suppliers operate according to the supply and demand set by the market. Marine life fare is a straightforward product that cannot be manipulated by marketing—therefore, competition is determined by factors such as quality, freshness, sourcing, and quantity. 

Tropic Fish Hawaii provides businesses around the world with the best quality, sustainable, fresh and frozen fish, and they work hard to provide their clients with the best prices possible. Tropic Fish Hawaii uses sustainable practices and partnerships to preserve the quality of their product and the integrity of the market. Call today at (808) 591-2936 to learn more their products and services, and how they can offer you superior prices and fare.