Hi Faruk, no problem with the questions. However, what I am saying are just my personal opinion, it may not reflect the truth.
In Singapore, there use to be a healthy number of about 150+ shops. When the flowerhorn fish craze landed in Singapore, there was a sudden surge in the number of shops (300-400), causing the price of tanks, stands, cabinets etc to plunge rapidly. To grab the piece of cake, everybody slashes equipment price as the fish fetches good margins. The introduction of cheap china brands probably make things worse.
Eversince the flowerhorn fever subsided, many shops closed down. The freshwater hobby left the impression of tank+fish+blackjavafern-onwood in the mind of many people. The prices never went up again and most planted shops do not have expensive fishes now to help them with the upkeeping. Not many people will spend more then S$5 on a single piece of fish because you can't figure out lottery numbers from their body.
Plants are not really expensive here and they are quite readily available. With everything in low margin, and with most of the shops competing to attract customers with low price, it is without doubt that those with less financial backing will fall. On top of these, with the widespread of Internet trading, most hobbyists grow and sell among themselves. The shops can only hope to sell cambobas and hardy hygrophilas to the old aunties and uncles who doesnt expect much. With high rents, low margin for practically everything, I expect more will steer to selling higher margin products or be closing.
However, the planted hobby's been around for so long. I am sure there will be a rebounce. Its just a matter of time.
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