Toyosu Fish Market $275,000 USD Bluefin Tuna Sale Signals F&B Recovery

Its $1,300 USD per kg price is up from 2021’s $974 USD per kg.

Food & Beverage
25.0K 1 Comments

News of Toyosu Fish Market‘s January 5 tuna auction in Tokyo has just indicated that prices are recovering for tuna. Recorded in the worst stages of the pandemic for Japan, where a 208-kilogram bluefin sold for ¥20.84 million JPY ($202,580 USD at the time, currently just $157,763 USD), prices for tuna were roughly $974 USD per kg — a far cry from 2019’s $11,151 USD/kg price seen at Tsukiji.

This time around, things seem to be recovering as a giant 212 kg bluefin tuna was sold for ¥36 million JPY ($275,000 USD) which brings the price per kg up to the $1,300 USD mark. This increase in demand signals a return of the F&B industry in Japan brought on by an increase in tourism.

In other food news, check out the ranking of world cuisines for 2022.

Read Full Article

What to Read Next

Netflix Reveals Trailer for Dystopian Sci-Fi Film 'JUNG_E'
Entertainment

Netflix Reveals Trailer for Dystopian Sci-Fi Film 'JUNG_E'

From the director of ‘Train to Busan’ and ‘Hellbound.’

Eastbay is Now Holding a 70 Percent Off Closing Sale
Footwear 

Eastbay is Now Holding a 70 Percent Off Closing Sale

Clearing remaining stock before shutting down the 40-year-old business.

Meta Fined Over $410 Million USD in the EU for Illegally Requiring Users To Accept Personalized Ads
Tech & Gadgets 

Meta Fined Over $410 Million USD in the EU for Illegally Requiring Users To Accept Personalized Ads

The social media giant has violated the General Data Protection Regulation.

A Paris Exclusive Off-White™ x Nike Air Force 1 Low is Rumored to Release
Footwear

A Paris Exclusive Off-White™ x Nike Air Force 1 Low is Rumored to Release

Coming in “Ghost Grey.”

Logic Has an Album With Unreleased J Dilla Beats
Music

Logic Has an Album With Unreleased J Dilla Beats

Adding that “maybe it’ll see the light of day one day.”


Sony Focuses on Accessibility With "Project Leonardo" Customizable PlayStation 5 Controller Kit
Gaming

Sony Focuses on Accessibility With "Project Leonardo" Customizable PlayStation 5 Controller Kit

“There is no one ‘right’ form factor.”

G-SHOCK Links Up With Preduce Skateboards for Special DW 5600 Watch
Watches

G-SHOCK Links Up With Preduce Skateboards for Special DW 5600 Watch

Celebrating Thailand and the skateboard brand’s 20th anniversary.

adidas and Thom Browne Go to Court Over Three Stripes Trademark Dispute
Fashion

adidas and Thom Browne Go to Court Over Three Stripes Trademark Dispute

adidas is seeking nearly $8 million USD in damages and profits from Browne.

New U.S. Representative Robert Garcia Will Bring A Copy of 'Superman' #1 to His Swearing-In Ceremony
Entertainment

New U.S. Representative Robert Garcia Will Bring A Copy of 'Superman' #1 to His Swearing-In Ceremony

The comic book — which will be placed under the US Constitution and can sell for seven figures — came from the Library of Congress.

Nike Reinforces Its Air Max Scorpion With Protective Gaiters
Footwear

Nike Reinforces Its Air Max Scorpion With Protective Gaiters

Go crazy, gorpcore fans.

More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.