Japan's COVID-19 epidemic continues to worsen live eel sales

Published 2020년 7월 20일

Tridge summary

The article highlights the impact of the COVID-19 pandemic on Japan's food industry, particularly on live eel sales. With the government's call for reduced travel and many restaurants temporarily closing, the eel industry faces a significant downturn. Despite a bumper eel seedling harvest in East Asia, the domestic market for live eels is shrinking, leading to an oversupply and a drop in prices for Japanese live eels exported from China and Taiwan. The future of promoting live eels in the Japanese market looks challenging due to these challenges.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After the May 1st Golden Week holiday, all walks of life have returned to their jobs. This year, affected by the new crown epidemic that has swept the world, many tourist attractions have become a bit deserted. Today, despite the domestic epidemic The situation continues to improve, but the overseas epidemic situation is still grim. As of now, the number of confirmed cases of new coronary pneumonia worldwide has exceeded 3.8 million. On the 4th of this month, the Japanese government once again announced that Japan’s nationwide state of emergency was extended until May 31. As the government urges the public to reduce travel as much as possible, many Kabayaki shops and specialty stores in Japan have seen a sharp drop in passenger traffic, and some restaurants have even temporarily closed operations. Live eel sales are even more difficult. It is worth mentioning that due to the impact of the epidemic, even the food and beverage industry Revenue has fallen sharply, but the food ...
Source: ZG3N

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.