News On Japan

Octopus Prices Surge, Surpassing Tuna as Global Demand Soars

Octopus Prices Surge, Surpassing Tuna as Global Demand Soars

OSAKA - The popular Osaka street food takoyaki, often enjoyed as a budget-friendly delicacy, might soon become a luxury out of reach.

At the Takoyaki Museum, a well-known destination featuring some of Osaka's most famous takoyaki shops, both Japanese locals and foreign tourists alike can be seen savoring the dish.

A family visiting from Belgium was trying the cheese fondue-flavored takoyaki, a creative twist on the traditional recipe.

Tourists from abroad shared their thoughts: "It’s delicious. We wanted our children to experience Japanese food, so we chose takoyaki. It's their first time in Japan," one parent said. "Very good! It’s nothing like what we tried before – so tender and tasty," another visitor commented, fully enjoying their experience.

However, as inbound tourism surges, the price of octopus, the key ingredient in takoyaki, has spiked dramatically.

Statistics from the Ministry of Internal Affairs show that retail prices for octopus in the Tokyo metropolitan area have reached 507 yen per 100 grams, surpassing tuna's 499 yen for the first time.

At a long-established takoyaki shop in Tokyo called "Takoyaki Nagao," which has been in business for 15 years, the freezer was stocked with freshly purchased octopus – around 100 kilograms in total. The cost of this purchase was approximately 200,000 yen, a more than twofold increase from ten years ago.

Nagao Seiji, the manager of Takoyaki Nagao, remarked: "It used to cost less than 100,000 yen, including shipping. Now, I have to handle the shipping myself, and it comes to around 200,000 yen."

He also mentioned, "The air conditioning is currently broken. I haven't called for repairs because I’m afraid of how much it will cost. If they say 'it'll be 200,000 yen,' it would be a big blow. I’ll wait until spring when it gets warmer to fix it."

Why, then, has the price of octopus risen so steeply?

Masakazu Watanabe, the manager of Marukawa Fishery, a fresh fish store in Tokyo, explained, "It seems there is high demand overseas, which is driving down supply. Quite a lot is being exported to the United States."

As we approach the New Year, a period when demand for octopus typically peaks, the price hike could pose challenges.

Watanabe noted, "For New Year’s celebrations, octopus is an essential item as a symbol of good fortune. Rising prices make things harder for our customers."

Once a food beloved for its accessibility, octopus might one day become a high-priced delicacy – a possibility many hope won’t come to pass.

Source: FNN

News On Japan
POPULAR NEWS

Typhoon No. 15 (Chan-hom) is increasingly likely to make landfall between Fukushima and Ibaraki prefectures on the Pacific coast of eastern Japan from the evening through the night of August 11, after moving northwest over waters east of Japan at about 15 kilometers per hour as of 9 a.m. on August 10.

Raccoons are increasingly invading homes across Japan, damaging roofs and wiring, contaminating buildings with large amounts of urine and feces, and raising concerns over agriculture, native wildlife and the spread of disease as their population continues to expand.

Nagasaki marked the 81st anniversary of the U.S. atomic bombing on August 9 with a memorial ceremony near the hypocenter, where Mayor Shiro Suzuki declared nuclear weapons an "absolute evil" and called on the Japanese government to uphold its Three Non-Nuclear Principles.

Transport services were gradually returning to normal on August 9 after Typhoon No. 13 caused widespread cancellations and shutdowns across Okinawa, although air travel remained disrupted as airlines worked to restore schedules and accommodate passengers stranded during the opening days of Japan's busy Obon holiday period.

Typhoon No. 13 was moving slowly west on the night of August 8 and was expected to approach the Chinese mainland by the night of August 9, but Okinawa, Amami and parts of southern Kyushu remained at risk from strong winds, intermittent heavy rain and dangerous seas even as the storm's center moved farther away.

MEDIA CHANNELS
         

MORE Food NEWS

Japan's cat cafes, now numbering around 300 nationwide, trace their origins to Neko no Jikan in Osaka's Nakazaki-cho district, where founder Yoko Yoshida combined the quiet atmosphere of a manga cafe with the companionship of cats to create what is regarded as the country's first cat cafe in 2004.

We explore the streets around Nishiki Market, stroll through Teramachi and Shinkyogoku, take a sweet break, and slow down beside the Kamo River before ending the day with a bowl of ramen that is anything but ordinary.

Water spinach, a heat-resistant leafy vegetable that can cost about half as much as spinach and be regrown at home from leftover stems, is attracting attention in Japan as households look for affordable ways to cope with rising summer vegetable prices.

A banana grower in Okinawa is working to transform the fruit into a major local industry after recognizing the potential of a market that depends almost entirely on imports despite strong consumer demand.

Shipments of Kyotango Melons, a luxury fruit known for its juicy texture and refined, rich sweetness, have reached their seasonal peak in Kyotango, Kyoto Prefecture.

Wasabi, an essential condiment on Japanese dining tables, is seeing rising demand as its popularity grows among foreign consumers drawn to its distinctive flavor and ability to enhance food.

A cafe where visitors can interact with nine giant dogs weighing more than 50 kilograms each is set to open next week in Tondabayashi, Osaka Prefecture, offering close encounters with the animals as well as dining excursions accompanied by a favorite dog.

A tiny aquatic plant known as wolffia is emerging as a potential next-generation protein source, offering rapid growth, high nutritional value and a significantly smaller environmental footprint than soybeans or beef.