Japanese salmon roe prices surge to record high amid global supply shortage

Published 2024년 11월 29일

Tridge summary

Poor harvests in Hokkaido, the Russian Far East, and Alaska have led to a surge in the price of salmon roe in Japan, reaching the highest level since the late 1980s. The wholesale price of domestic soy sauce-cured salmon roe has increased by 80% to 90% year-on-year, reaching 11,500 to 13,000 yen per kilogram. The decline in fish size and reduced catches in Hokkaido and Russia have contributed to the supply shortage, which has been worsened by Japan's reliance on imported roe. The price of salmon roe in Russia has also risen sharply, and Alaska's salmon production has seen a significant decrease. As a result, retail prices in Japan are expected to rise further, potentially reaching 1,980 to 2,980 yen per 100 grams in the next few months.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Affected by poor harvests in Hokkaido, the Russian Far East and Alaska, the price of salmon roe (also known as "caviar" or "ikura") in Japan has soared to the highest level since the economic bubble period in the late 1980s. According to industry sources, the wholesale price of salmon roe in the Japanese market has risen sharply, and the price of domestic soy sauce-cured salmon roe has reached 11,500 to 13,000 yen (about 74.78 to 84.53 US dollars) per kilogram, an increase of 80% to 90% year-on-year. The autumn salmon fishing season in Hokkaido is coming to an end, but the catch has hit a record low, further driving up the price of salmon roe. According to a wholesaler at Tokyo's Toyosu market, the production of autumn salmon roe in Hokkaido this year is expected to be only 1,500 tons, far lower than the 2,500 to 3,000 tons in normal years. In addition, data from the Japan Fisheries Research and Education Agency shows that As of the end of October, the total catch of autumn salmon ...

Source: Foodmate