What Are the Prospects for Rice Field Eel Farming? Market Conditions and Profit Analysis
The rice field eel farming industry will become one of the most advantageous industries in the next ten years. As people's quality of life improves, the tender flesh of rice field eel is favored by more and more people. Imports from Japan, South Korea and other countries are growing at 15% per year, and economically developed regions in China such as Beijing, Shanghai and Hong Kong, China often face awkward shortages. At present, wild rice field eel resources are mainly distributed in Sichuan, Anhui, Hunan, Hubei and other places; in other regions, wild rice field eel can only be found in scattered spots. According to expert predictions, wild rice field eel will gradually disappear after 5 years. Demand is rising year by year while resources are rapidly shrinking, causing a serious imbalance between market supply and demand, which has made rice field eel farming one of the hottest farming industries.
From the price changes of rice field eel, it can be seen that prices are rising year by year. According to expert analysis: "Now is not the peak period for rice field eel prices. The peak period for rice field eel prices generally occurs during the Spring Festival. This year's rice field eel prices may see a new breakthrough during the Spring Festival."
The continuous rise in rice field eel prices has led many "seedling speculation" operations to appear on the market. They claim they can artificially breed rice field eel fry and sell them at high prices. At present, artificial breeding technology for rice field eel is still immature, and artificially bred fry are far from meeting market demand. Many seedling speculation operations buy up cheap wild rice field eel in large quantities on the market and pass them off as artificially bred fry to earn high profits.
What will the future market for rice field eel be like? Rice field eel is tender and delicious, with very high nutritional value. The special substance it contains, "eel hormone", can lower blood sugar and regulate blood sugar, and has a relatively good therapeutic effect on diabetes. It is precisely because of the high nutritional value of rice field eel that market demand is very high, especially in China's southeast coast and the Yangtze River Delta region.
According to surveys, domestic demand for rice field eel reaches as high as 3 million tons each year, and demand in Japan, South Korea and other places reaches 200,000 tons. However, domestic annual output of rice field eel is far from meeting market demand. Every year during the Spring Festival, the daily supply-demand gap for rice field eel in the Shanghai-Nanjing-Hangzhou region reaches as high as about 100 tons. Therefore, now is a good time to develop rice field eel farming.