Reliable stats are hard to come by but here's a study that actually has some good resources and is aimed at lowering fish mortality in the trade thus the data can be probably taken with a smaller grain of salt (i.e. honest mistakes, not a lobbying hit job)
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.588.5182&rep=rep1&type=pdf
We can't hide from the fact that mortality rate is high even before fish get to our tanks. However, our hobby's impact on the reefs by most reliable analysis, excluding cyanide use, is pretty trivial when compared to commercial over-fishing, trawling etc and not to mention climate change. Environmental organizations forget or ignore that as of 2016 there was only a handful long-term "sustainable" fisheries left in the world (I can't find the study but believe the number was as low as 10 - don't quote me until I can confirm though). Instead they focus their firepower and resources on us as it's easier to incite an emotional response over a dead brightly colored fish than billions of dead "grayish looking fish." The amount of energy expended in commercial fishing has been growing almost exponentially since the 70s vs. the yield. Almost none of the highly valued fish are sustainably caught anymore. But one doesn't hear calls to ban say tuna fishing

In contrast, there is only a handful of ornamental fish that are on the IUCN's red list primarily due to this hobby.
The only silver lining from the Hawaiian "phaseout"/ban is that it may encourage investments in aquaculture. However, given the high cost of captive breeding, the endeavor is unlikely to succeed unless we're willing to pay more. Take flame angels as an example, a captive bred specimen retails anywhere between $150 and 200 vs. $20-50 for a wild caught fish. The profit margin on the captive bred is also significantly lower, even when adjusted for a shorter supply chain.