Properly cooking Japanese eel can take years to master. When it’s prepared in the kabayaki style it can cost over $90. Despite the price of eel, demand remains high. But the global catch of Japanese eel has declined by more than 75% since 1980, so prices can vary widely each year. In January 2018, young eels, also called glass eels, cost around $35,000 per kilogram.
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Why Japanese Eel Is So Expensive | So Expensive