Quick Answer: Why seafood is expensive in Singapore?

Why is fish so expensive in Singapore?

In the lead-up to the festive season, prices of fresh seafood have spiked by 30 to 40 per cent due to high demand and low supply, said Mr Goh Thiam Chwee, Chairman of the Singapore Fish Merchants’ General Association. … That’s why the prices go up every year.”

Why is cod fish so expensive in Singapore?

If you are wondering about the rather hefty price tag on cod, it is because there is limited harvesting allowed on this fish to prevent its extinction. So, treasure each cod fillet you can get your hands on, because it might be gone soon.

Where does Singapore get its seafood from?

Malaysia and Indonesia dominate the supply of warmwater fish and seafood to Singapore. Other major suppliers of warmwater fish and seafood include Thailand, Vietnam, Myanmar, China and India.

How much seafood does Singapore eat?

In 2020, the population of Singapore consumed around 22 kilograms of seafood per person. Seafood consumption in Singapore has remained relatively constant in the last ten years.

Is fish expensive in Singapore?

A serving of fish at most hawker stalls costs almost twice as much as that of meat.

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What is the cheapest fish to buy?

White-fleshed fish is usually inexpensive, has a mild flavor, cooks quickly and it takes on pretty much whatever sauce or herbs you cook it in. The most popular kinds of white fish include cod, tilapia, haddock, catfish, grouper, bass and snapper.

Why is cod so cheap?

Andrew Franks, managing director of suppliers Fish Fanatics, told the magazine: “The decline of cod sales is due to people being far more aware of declining stocks and the product becoming more scarce, which in turn is making cod more expensive and a treat rather than an everyday meal.”

Do I need a licence to sell fish from home in Singapore?

Fishes, along with cats, dogs, and rabbits are among the more common pets in Singapore. While owning them as pets is legal, keeping them for business purposes and selling them without a licence apparently aren’t.

Can I import fish to Singapore?

Generally, only licensed traders are allowed to import, export, or transship ornamental fish. Exceptions apply to travellers taking ornamental fish into or out of Singapore for personal purposes (i.e. as pets).

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