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China is the world's largest eel breeding and processing market, and has formed a relatively complete industrial chain from seedling, breeding, feed production, roasted eel processing and export trade. However, at present, as eel fry are scarce resources, and the artificial propagation of eel is still in the laboratory stage, the eel fry used for farming is completely caught by wild seedlings, which also results in limited production supply.
Data show that by June 4, 2021, 58,805 kg of eel fry were captured in East Asia. 38,000 kg of eel larvae were collected from mainland China, accounting for 64.6% of the total. In East Asia, 58,805 kg of eel seedlings were put into ponds. Among them, 30,00kg of eel larvae were collected from mainland China, accounting for 51.0% of the total.
China, meanwhile, is the world's largest exporter of eels, and it is growing steadily. According to the data, from January to September of 2021, China exported 53,900 tons of eel products, up 42.3% year on year. Exports amounted to $1.04 billion, up 46% year on year.
From the breakdown of products, the export volume and consumption amount of roasted eel were the highest.
From January to September of 2021, the export volume and consumption amount of roasted eel in China reached 45,900 tons and 899.7 million DOLLARS respectively. Frozen eel exports were the lowest with 331.7 tons and 3.77 million dollars, respectively.
In terms of growth rate, grilled eel and frozen eel exports increased significantly due to the strong demand for grilled eel in The Japanese market.
Data show that from January to September 2021, China's roasted eel exports and consumption value increased by 52% and 65.2% year-on-year, respectively. Frozen eel exports and value increased by 77.9% and 62.9%, respectively.
On the one hand, the live eel is affected by the epidemic, and the barbecue business with live eel as raw material is weak, and the demand for live eel products is declining.
On the other hand, the eel production increased significantly for two consecutive years, which led to the decline in the price of live eels out of the pond and the decline in the export amount. From January to September 2021, China exported 7,294 tons of live eels, up 1.8 percent year on year. Exports were $128 million, down 20.1% year on year.
From the regional point of view, the main export to Japan, Malaysia, the United States and other regions. The annual demand for Eel in Japan is about 136,000 tons, but the domestic production of eel is far from meeting the demand of the domestic market.
More than 80% of eel products are imported every year, and this part of eel demand gap mainly depends on the import of eels from Mainland China and Taiwan, which is the first export market of eel products in China.
Exports to the American market have been growing since it was developed in 2000, rising from less than 500 tons in 1997 to around 2,500 tons today。
While Japan still leads China in eel exports, its share is less than 50 per cent. According to the data, China exported 53,909,423 tons of eels from January to September 2021, with an export value of $1.04155 million.
Among them, 26,000 tons were exported to Japan, with an export value of $517 million, up 25.6% and 23.9% year-on-year, accounting for 48.52% and 49.7% of the total export volume and total export volume respectively.
Malaysia, the United States and other markets maintain rapid growth. According to the data, from January to September 2021, China's exports to Malaysia reached 7,441 tons and 148 million US dollars respectively, with a year-on-year growth of 175.8% and 201.5%. Exports to the US reached 5,121,674 tons and us $0.939 million, up 207.7% and 205.66% year-on-year.
The potential of Belarus and other markets should not be underestimated. Data show that from January to September 2021, China's exports and exports to Belarus reached 976,220 tons and usd 0.15.15 million respectively, up 124.94% and 154.21% year-on-year.
Eel production in China is mainly concentrated in fujian, Guangdong, Jiangxi, Zhejiang and Shandong provinces.
The eel industry in Fujian ranks first in terms of the number of breeding varieties, eel production, eel production, eel feed production and eel export earnings, with its unique advantages in fishery resources, high degree of industrialization, continuous innovation in aquaculture technology and eel processing technology, and continuous market expansion.
At present, the eel industry has developed into a global industry, facing the global consumer market. At the same time, eel is also an advantageous aquatic product exported by China, and its industrial construction is also supported by national policies.
In addition, the price of eel has generally remained stable in recent years. Taking the circulation price of American eel in mainland China as an example, by December 17, 2021, the circulation price of 1.5-p American eel was 67 yuan/kg, 2P 76 yuan/kg, 2.5-P 87 yuan/kg, 3P 92 yuan/kg, 4P 92 yuan/kg, and 5P 102 yuan/kg.
Therefore, in the future, China's eel industry has good market development prospects and profitability, and is optimistic about the future development prospects.
