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Japan eel prices fall, but smuggling and conservation concerns persist

Created at 22 Jul · 10:21 PM1 source↑ Market-relevant
IN SHORT

Japanese eel prices have decreased this summer compared to last year, easing fears of menu disappearances. However, ongoing concerns about smuggling and the difficulty in distinguishing eel species mean international pressure to regulate trade remains high, particularly ahead of a global forum discussing endangered wildlife trade.

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Key Numbers

17species of eels worldwide
85percent of global eel consumption in East Asia
61,000tons of eel consumed in Japan last year
75percent of Japan's eel consumption imported
2,000-3,000kilometers west of Japan where Japanese eels reproduce
5-15years eels live in freshwater
10percent of 1960s levels for glass eel catches in Japan
80,000eels kept in reservoirs at a high-tech aquaculture farm
10months for eels to increase weight a thousandfold
5,250yen for Unaju (eel over rice) dish
$34approximate USD price for Unaju
15years ago Unaju dish cost half its current price
3times Japanese eel population has tripled across East Asia since 1990

Who's Involved

Yukiko Takahashi
52-year-old saleswoman commenting on eel as a luxury dish
Tomoyuki Takashino
Chef discussing the rising prices and tradition of eel dishes
Takayuki Hiranuma
President of a high-tech aquaculture farm concerned about CITES listing
European Union
Proposed listing all eel species under CITES
Panama
Proposed listing all eel species under CITES
Honduras
Proposed listing all eel species under CITES
IUCN
Listed Japanese and American eels as endangered
Tokyo University of Marine Science and Technology
Provided study on Japanese eel population increase
Japan eel prices fall, but smuggling and conservation concerns persist

↳ Why This Matters

The declining populations of eels and the international debate over their trade highlight the challenges of balancing culinary traditions with global conservation efforts, impacting both consumer access to popular dishes and the livelihoods of those in the aquaculture and fishing industries.

Key facts

  • Japanese eel prices have fallen this summer, easing concerns that arose from a previous EU proposal.
  • Japan opposes a proposal to list all eel species under CITES, which would impose stricter trade regulations.
  • Eel populations are declining globally due to pollution, habitat loss, and overfishing.
  • The Japanese eel is classified as endangered by the IUCN.
  • Aquaculture in Japan relies on the capture of glass eels, with catches significantly reduced from historical levels.
  • A global forum will discuss listing eels under CITES Appendix II, requiring export permits for regulated trade.

Japanese eel prices have seen a notable decrease this summer, a welcome development after fears last year that a European Union proposal could lead to the dish disappearing from menus. However, the international pressure to regulate the trade of eels remains high due to persistent smuggling and the difficulty in distinguishing between species. The issue is set to be discussed at a global forum in Uzbekistan that regulates trade in threatened wildlife.

Eels, known as 'unagi' in Japan, are a popular and traditional dish, especially during the summer months, often consumed for stamina. Despite their popularity, eel populations are declining worldwide, attributed to factors such as pollution, habitat destruction, and overfishing. The Japanese eel, along with the American variety, is listed as endangered by the International Union for Conservation of Nature (IUCN), while the European eel is considered critically endangered.

Japan is strongly opposed to a proposal by the EU, Panama, and Honduras to list all 17 species of eels under the Convention on International Trade in Endangered Species (CITES). Such a listing would significantly restrict international trade, requiring export permits. Up to 85 percent of global eel consumption occurs in East Asia, with Japan being a major importer. The country imported nearly three-quarters of the 61,000 tons of eel consumed there last year.

Nearly all eels consumed in Japan are from aquaculture, which depends on the capture or import of glass eels, as they do not reproduce in captivity. Catches of glass eels in Japan have plummeted to less than 10 percent of their 1960s levels. Restaurants have seen prices for eel dishes, such as Unaju, more than double over the past 15 years, reflecting supply fluctuations and the luxury status of the dish.

Japan argues that it has implemented fishing quotas and farming permits. It also points to a study by Tokyo University of Marine Science and Technology suggesting that the Japanese eel population has tripled across East Asia since 1990. The country is also cooperating with China, South Korea, and Taiwan on conservation efforts.

Frequently asked questions

Japanese eel prices are down this summer compared to last year, potentially due to market adjustments after previous concerns or changes in supply dynamics.

The primary concern is the declining global eel populations, leading to proposals for stricter trade regulations under CITES due to their endangered status.

Japan opposes the proposal to list all eel species under CITES, arguing that it has implemented its own conservation measures and citing a study indicating population increases.

Japan's aquaculture relies on capturing and raising glass eels, as eels do not reproduce in captivity. However, glass eel catches have drastically declined.

What Happens Next

01A global forum in Uzbekistan will discuss listing all eel species under CITES Appendix II.
02Japan will continue to argue for its conservation measures and oppose stricter international trade regulations.

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How It Developed

Japanese eel prices are down this summer compared to the previous year.
A European Union proposal last year had raised fears about the availability of grilled eel dishes.
Persistent smuggling and challenges in distinguishing eel species continue to be concerns.
Japan is strongly opposed to a proposal to list all 17 species of eels under CITES, which would restrict trade.
Eel populations are declining globally due to factors like pollution, habitat destruction, and fishing.
The Japanese eel is listed as endangered on the IUCN Red List.
Nearly all eels consumed in Japan come from aquaculture, relying on glass eel capture.
Glass eel catches in Japan have significantly decreased since the 1960s.

Sources

T1
Japan eel prices down sharply, but unagi smuggling concerns lingerNikkei Asia
T2
Japan's eel delicacy faces global conservation pressurefrance24.com
T2
Strong returns in Japan, but eel market still strugglingseafoodsource.com

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