Julian Wu has written a case study on eel farming in Taiwan.
Wu notes that eels are a high-value product suitable for intensive pond cultures. Taiwan’s main export market for eel is Japan, taking up 90% of the eel exports. Eel farming is at the top of the fishery industry in terms of export value.
The first experimental eel farm in Taiwan was established in 1952. Small-scale commercial eel farming on the island began in 1958. The first large-scale expansion of eel farming took place in 1964, in the form of a nursery operation, raising glass eels to stocking size fingerlings for Japanese eel farms. Throughout the history of eel farming in Taiwan, the industry has mainly been developed for exploiting the eel market in Japan. The first exportation of market-size eels to Japan, however, did not begin until 1970.
In 30 years, eel farming in Taiwan has developed into one of the largest segments of the aquaculture industry on the island.