|The major consuming countries for eel are Japan, Korea, Hongkong, Macau, South East Asia, EU, USA and Canada, and the major eels products are roast eels, fresh eels and frozen eels, of which roast eels account for 98%. |
Japan is the biggest consuming country in the world, with annual consumption of 130,000-140,000 tons and imports of 110,000-120,000 tons of which 100,000 tons is from China.
Korea's annual fresh eels consumption is 10,000-13,000 tons, mainly from mainland China and Taiwan.
The annual consumption of roast eels in Hongkong, Macau and South East Asia is 1000 tons, fresh eels 3000 tons.
In Europe the annual consumption is 20,000 tons, while the volume of roast eels in U.S.A and Canada is 2,000-4,000 tons.
At present, Japanese market is nearly saturated, but potential remains in other markets such as Korea, Europe, etc.
China's advantages in the culture of eels include:
1. rich resources: China has more suitable water surface than Japan and Taiwan;
2. low costs: The average cost of eels in China is 30-35 yuan/kg, while in Taiwan it is 35-47 yuan/kg, and Japan 70 yuan/kg;
3. high industrialization level. Annual output is 200,000 tons, 400,000 feed and 100,000 roast eels processing capability;
4. high market share. China's market share is 80% in the world market and 85% in Japanese market.