Why 6 Of The World's Priciest Seafoods Are So Expensive | So Expensive | Insider Business
Вставка
- Опубліковано 15 тра 2024
- From the rainbow-hued pearl lobsters of Indonesia and the baby eels of Spain to the giant Copper River King salmon of Alaska and Nigeria's cod stockfish, dried thousands of miles away in the cold winds of Norway, we uncovered the stories behind 6 of the world's most expensive kinds of seafood.
Editor’s Note: Katey St. John was also an editor on this video.
Chapters:
0:00 Intro
0:50 Lobster
7:27 Copper River King Salmon
19:42 Pearl Lobster
27:37 Stockfish
38:05 Baby Eels
52:00 Oysters
MORE INSIDER BUSINESS VIDEOS:
Why White Asparagus Is So Expensive | So Expensive Food | Insider Business
• How Farmers Transform ...
Why Kamebishi 20-Year-Aged Soy Sauce Is So Expensive | So Expensive | Insider Business
• Why 4 Tbsp. Of The Wor...
Why Grade A Maple Syrup Is So Expensive | So Expensive Food | Insider Business
• Why Grade A Maple Syru...
------------------------------------------------------
#insiderbusiness #seafood #soexpensive
Business Insider tells you all you need to know about business, finance, tech, retail, and more.
Visit our homepage for the top stories of the day: www.businessinsider.com
Insider Business on Facebook: / businessinsider
Insider Business on Instagram: / insiderbusiness
Insider Business on Twitter: / businessinsider
Insider Business on Snapchat: / 5319643143
Insider Business on TikTok: / businessinsider
Why 6 Of The World's Priciest Seafoods Are So Expensive | So Expensive Food | Insider Business - Наука та технологія
I live on Cape Cod and work at a seafood restaurant. I LOVE lobster and lobster rolls. But I cannot believe people still buy them at these prices. We are a little bit better than the restaurant seen here. It's 5 oz for 30$ . I have a few buddies that have licenses for lobster. It can be absolutely cutthroat though. They have had traps and pots stolen, lines cut, all sorts of thievery.
So much respect for Kyle making Forbe's 30 under 30. Insane work ethic.
look for: cassavas in vaginas..
Dropping that Salmon would be like dropping a thousand dollar😂 bill. We'd all be cussing too lol
Some might even jump in forgetting where they are🤑
King salomon?
The stock fish episode shocked me. Imagine having an entire country as a guaranteed forever customer
Yup. Nigeria 🤣
They could've seen the original full length episode
You eat it for 5k
It's crazy just a little aluminum boat and a couple of rods add a pinch of skill and viola you can make a living. There's brokers at every doc. It's wild.
Baby eels of this genus are called elvers. As a child brought up near the River Severn in the UK they were a staple food source, but now correctly protected, as is the fishing rights.
Due to elvers still being eaten, eels are an endangered species. When will people learn?
Nah, I stopped buying restaurant Lobster Rolls when they went over $20 for 6oz Lobster Roll. They had a record harvest in 2017 and STILL RAISED PRICES!! At $34 for a 4oz Lobster Roll, they can ALL go out of business for all I care!! I'll keep catching them myself.
Yup, same
Thank you, your food videos are so interesting in showing different cultures around the world. Who knew Norway and Nigeria had such a connection?
It’s fascinating right? And that story that the food became popular because it was initially exported as rations is actually very similar to very many other foods. Like it’s very common for a food to become like a cultural delicacy simply because it was very popular at a time of famine
He would love to thank all of you. I am replacing/represent
Ed's Lobster Rolls is raking in cash. He's getting each lobster for probably $8, and it takes only one lobster to make a roll, which he charges $34 for. $26 profit on 150 a night is almost 4 grand. I sell crack and even I don't see profits like that!
😂😂😂
You’re missing all his other costs…
@@Hwd371 He doesn't just sell lobster rolls, so I'm also missing all of his other income.
@@ExecratedPlaysGamingwould it surprise you to learn ed also sells Crack!
You need to add the to his income but he also makes it himself so he had to buy Columbian coke.... gotta spend money to make money.
@@iancasleton6356 The profit margins for crack are really good, especially if you're buying high quality soft direct from the source.
I find Kyle so inspiring, I hope he is doing well
😮😮😮😮😮!a
Lost me when the lobsters were cooked with an extra spice added---rubber bands.
Thank you for this great content !
The outside shell of a lobster is absolutely beautiful to look at.
The one about the eels put me off a bit. That kilo of babies would make a ton of adult eels (which are still expensive). It's a bit like asking for lark's tongues or some other frou frou dish. Yes, we get that you're rich, but can you stop killing the future to prove it?
You do realize that eels are invasive right?
Very well said! It's sad
@@nyctotheusMaybe in the US, but in Europe eels and lampreys go for very high prices.
To turn the eels into adults would require more than a ton of fish, so in reality it’s not actually THAT wastefull
It is still bad for the environment though as it is a lot of dead eels for not much food, so they kill a lot of eels, which is bad
Stock fish really does add a noticeable depth of flavour to dishes. Cool! Always love your voice and narration! Great episodes..
I've been working in Norway, those heads are rotten and stinky, I can't imagine someone eat them
The "stockfish really does add a noticeable depth of flavor" comments are making me think Norway is trying to expand their market.
Very few country can produce real stock-fish because it requires a particular climate while salt fish is now produced even in China and South America. Norway is loosing markets due to higher prices
❤i really enjoyed the documentary!!
The angula baby eel was a put off. They pay €6000 fine for fishing but pay €7000 for kilo of first caught? Over fishing and the fact that they’re babies? How can it survive. That one was depressing as
I live in Maine. We get our lobster from the source and cook it at home. Some days lobster is cheaper than chicken here.
That is true boat price can be $4.50 a pound
Growing up in Alaska has ruined eating salmon from anywhere else
So true! When I was in Scotland for a tour we had salmon at a restaurant and when the chef heard where we’re from he said, “If I had known you guys were from Alaska I’d have just made chicken!”
This video is a bit misleading giving the impression that almost all of the export of stock fish from Norway goes to Nigeria. In the first quarter this year, Norway exported 1100 metric tons, and of that, 720 metric tons went to Italy, and the remainder went mostly to Nigeria and Croatia.
Think they going on whose the major purchasers
Hi you should fix your timestamps in your description because they aren't clickable rn
Salmon always make me think of vikings of Norway........
Viking fractions always command a lot of respect to be able to fight the waves and strikes fear in Europe
There is a difference here. I must say that it is very good and meaningful
Shellfish, like spidercrabs, lobster etc. used to be poor man's food in Galicia in NW Spain not that long ago. It was plentiful but did not adapt to traditional preservation methods (salting and drying) so it was of no use. Oysters had a bit more demand because they were lightly fried and pickled.
3:27
That's a big damn lobster claw
There’s bunch of cod fish on the oceans coast, but never knew it was a delicacy 😂 and trout, taste better then salmon where I’m from
Hi diana. I have been in the same situation with long covid and developed other immune related diseases after covid. My life was torn appart for over a year but the good news is it can be beaten. I cant believe how i feel now after what i went through but im doing great again and i know you will get there too. Just take it easy keep fighting and have hope and know that it will pass and you will feel good and be able to make awesome videos again. Just takes time. Im rooting for you😊
Insider business did a good job finding these great people to give us a great video👍
Cool! Always love your voice and narration! Great episodes.
In the part from Lofoten Norway: you filmed coalfish coming up on the blue transportbelt, not cod. 😂
Could you add chapters to this in the description please?
20:52 thought it was the dude from GEOGRAPHY NOW 😂
The rich messed up the prices lobster was for the poor people
A lobster roll costs 13 dollars where I live. I’m also on the coast of maine😂. Usually I can flag down a lobster boat and they’ll practically give it to you
I went down to Portland today . I saw them go for $34 a roll because we were on the wharf. I went 2 block inwards and they were $12😂😂. I prefer crabs over lobstah regardless tho.
Depends on the crab @@puttingwarheadsonforeheads9872
Love crab rolls over lobster rolls and Portland is my home.
Stockfish is also impotant to Venetian cooking. it is integral to the dish of baccala and polenta
Seems to me it's a downward spiral. Exploitation reduces numbers, prices rise, so more go out to exploit the higher prices. And down the stocks go.
🎶 Fish heads, fish heads, rolly polly fish heads. Fish heads, fish heads, eat'em up, yum! 🎶
I just want to congratulate the narrator on pronouncing “Lofoten” it was superb!
You should try Fiji lobsters.
Not cold enough to freeze the fish? Not sure you understand basic science if you think -15C isn't going to freeze a dead fish. -15C is 5F = 25 degrees under freezing = FROZEN FISH!
That’s the windchill lol the temp will fluctuate and dry them without freezing them
@@maryeliza099 You must be a bit slow...
The average winter temperature in Norway is -6.8 degrees Celsius, but the climate varies by region. In general, winter temperatures range from 0 to -10 degrees Celsius (32 to 14 degrees Fahrenheit - Meaning it is freezing 99% of the season...). For example, in Oslo, temperatures average 32 degrees Fahrenheit from late November through March, with January being the coldest month at -2 degrees Fahrenheit. However, temperatures have been recorded as low as -25 degrees Fahrenheit (minus 18 degrees Celsius).
Yes, wind chill can cause frostbite. Frostbite occurs when skin and the tissue beneath it freeze, first affecting exposed body parts with limited blood circulation, like the fingers, toes, nose, and ears. Wind chill values near -25°F can lead to frostbite within 15 minutes, while -20°F or colder is considered dangerous and can cause frostbite in less than 30 minutes...
Nice try though! Why try to prove someone wrong when you don't understand basic science?
@@tipsysmichigander6483 you must not understand the environment. It’s very dry, so the conditions dry the fish extremely well. Lots of factors at play. I’ve lived in northern Canada my entire life and I have a science degree. It’s not just about the temperature
@@maryeliza099 I live in the UP and spend most my time in Alaska and Canada. Not sure why where you live is important to understanding science - almost as if you tried to use the point that you live in a cold place to back up your fake claim to having a science degree ( lol what science?)
Again you're wrong and certainly don't have a science degree - You would articulate your point if you did...
I've actually studied climatology - it is more than apparent you have not.
Again - I just laid out the very basic science for you. Enlighten us if you're so sure I'm wrong.
Geezus those salmons are giant as hell.
4:39 this kids way too happy holding this depressed looking dead lobster 😭🤦🏼♂️ R.I.P Buddy 🦞
why boil the lobsters with the rubber bands still on their claws? Wouldn't that affect the taste?
Back in the days of the American colonies, lobsters (then, bycatch, meaning things that were caught while you were fishing for something else) were used to feed servants. There's a document where servants petitioned to be fed lobster no more than three times per week.
I wouldn't want to eat lobster every day either. Lobster is overrated in my opinion. Crab legs are leagues above in taste. But they are both bottom feeders; they build their mass from decaying sea life ( and whatever humans dump in the ocean or harbor)
Good chefs cull a lobster with a cut through the brain right before cooking it No fine conciable chef boils them alive head first it is frowned upon today. Besides: they are kept and chilled and that stab only takes a sec.
Change your tampon and grow a set.
Ummmmmm.
I'm guessing you've never worked the line in a restaurant...
Your concerns for that timed dish's last 1 second of life is of no concern to people moving as fast as they can...
Its so cruel way lobsters are handled and just evil to cook alive
Plz stop stitching together old videos and just pay your writers
No.
Don't hate the player hate the game!😂
What they eat that dried fish?
I had a rainbow lobster before. Costed me just over $400 for a 5 pounder.
I’ll bet that tasted like crap- 🤮
@@judysuprtrkr3423 It was the best lobster I ever had.
Jesus Christ man😭💀
These are actually cheap in Brooklyn NY, Chinatown 8 av
Do not be mislead by the name, “American Lobster.” America has several species of lobster, and each is very different. The sweet, clean, and coveted lobster here in New England (Maine, in particular) bears little resemblance to the inferior spiny or rock lobster found lower down the east and gulf coasts. Maine lobster per se is actually greatly undervalued (less than $13/in-shell pound, but depends on total weight) when compared to today’s inflated deli meat ($19/lb for Boar’s Head roast beef) and even run-of-the-mill steak! What IS ferociously expensive is the perishable shipping and ice-packing required to send our lobsters any distance. Another background cost is the new and outrageous regulation that has shut down much of the New England lobster fishing, under the guise of protecting other species - whales. Canada has swept into US territorial waters (!) to steal as much as they can. And despite outrage by our lobstermen, the Biden administration has taken a blind eye so as not to upset Trudeau.
Canadian and Maine lobsters are the same species. While there are differences because of the environment, there is no hard line.
@@kiwibread101 You are correct. I was speaking from a US, specifically New England, perspective.
Love from UK
don't boil lobster, steam instead in small amount of water, never to go mushy, dead or alive, and ive cooked alot
herring will have no impact on the lobster prices or will have very little. They eat scraps from any fish and all the lobster fisherman i know use maceral mostly but a lot of the charter boats and the fisheries for haddock, pollock and other white fish we have around here, lots of scraps from that get used for lobster bait. i personally have 5 traps myself and i just use the scraps from when i fish for the bait but you can also you a ham steak or even the scraps from when you eat lobsters. basically herring is just one of the many things used for lobster bait.
Love seeing a restaurant owner tell everyone of his guests how he rips them off 😆. Especially for Maine lobster 👎
I'm sorry but like how did that kid just grab a lobster out of some sand..... 4:35 I thought they were very hard to find...
Never knew King Salmon were that huge!
King salomon from Africa is huge, you should see long dong silver. He is huge also
Not enough commercials.
So the birds try eat the fish before the few days 30:32
Damn i love this Channel. Thanks for the free world tour !
So lobsters are related to cockroaches, spider, and woodlice. Wonder if that ever be considered when eating it.
I live in Maine and i can kayak out to the lobster barge and buy them from them for 3 bucks a pound!!!! or you can just go buy them from the docks as well for cheap like 5 bucks a pound. people go 1/2 mile inland and pay 14.99lb
Well the top 6 priciest seafoods would obviously be "So Expensive"...
how to corner the alaskan king crab market: get a massive cargo ship sized boat to set pots. sell the pots to the fishermen and charge them a redemption fee that they can get back when the pot is returned.
I can fish out 3 Lobsters a day on a normal fishing licence(6 dollars a month)
I ain't paying 🦐
you're not a commercial fisherman though SMFH -.-
Kyle was funny and strangely wholesome even while slaughtering fish and cussing like a… well… a sailor😅
I haven't tried lobster I'm so poor
It’s not that hard way easier than a Maryland blue crab . Yet picked crab is way cheaper than lobster . Chefs want to make money .
Stock fish really does add a noticeable depth of flavour to dishes
lol, you just boiling it with that band on?
Damn i love this Channel. Thanks for the free world tour !. Well the top 6 priciest seafoods would obviously be "So Expensive"....
Please provide audible translation so we could listen as a podcast.
Nigerian imported 8.9 million dollars worth of stock fish in 2015.
I thought that was about half a day sales revenue in tsukiji market.😂
Yummy lobster house .
Tropical Lobster is much tastier than any claw Lobster.
Wow I live in New England and I think our claw lobster is great man i gotta try tropical lobster
Yeah they’re the best I went spear fishing for them and also got a slipper lobster
Their like giant shrimp 🦐
The lobster guy looks like the man who was “feeling pretty glonky”
How could they not include king crab? 4-5 lbs of fresh legs will cost you a few hundred dollars (depends where you live).
Edit: Not to mention one of the, if not, best tasting sea foods.
Never heard of king Crab? King Saloman here in Africa is well known king
@@stravis3269king crab is imported from Alaska so it’s definitely not accessible in a lot of countries unless they pay a really lot of money
Makes me want to see a movie about human eating lobster mutants hellbent on revenge
I would be easier to breed the eels than rely on probabilities
Is that NRG Ethos big bro or something 10:08
One of Kyles shoulders are lower than the other from using hand net…
The restaurant dude saying you get 4oz out of a 1.5lb lobster is a liar holy shit.. you get at least 8
Yet another replayed video just bunched up with others we’ve already seen.
Hey, when will you talk about the real company Cannafarm Ltd that brings profit?
"Hard to catch..." lol I throw a trap in the water (they love cat food) , come back later.... really difficult.
Soo Indonesia wants a monopoly on lobsters.
Prison food? I’ll go to prison for that. Give me some lobster any day!
I eat lobster once a year at Xmas. I love it so much but so expensive!
Too bad summer lobster is so much sweeter then the winter season it really makes a huge difference also soft shell VS hard shell. I'm spoiled living on the Maine coast my whole life
incorrect on that cod the temperature is below freezing thats why they dry
No one wants something untill someone makes it into something.
It must not be that hard to catch lobster if they gettin caught everyday 😂😂😂
why? you have dumped wastes of all types in sea
Telling some tall tales a lb of lobster live ,is 10-15 dollars here in West Virginia and the 38 dollars for a 4oz roll is price gouging...
Hb caviar?
45:02 Post nut clarity goes crazy 😂
fishing too the end... no mind about the populations and rescources... ahhh the ship is expensive, the diesel and omg .. frightning all factors cruel... think, without fish... only driving a very unusual boat...
Guy has bills got to pay some how
It is because cod stocks crashed that Lobster numbers skyrocket, not due to climate change... But what happens when we overfish lobster?
Maine used to have big cod stocks.
Why not go all you can eat lobster buffet? and pay $40 eat like 9-10 lobsters rather than paying $30 for just one small lobster sandwich!
Tried explaining he lives in NYC and has a coke habit and fam to support. It's expensive
I'm really hungry now.
is called "Cedazo"