Angulas, the Spanish word for baby eels is one of Spain’s most expensive foods, but no one seems to understand why. They hardly have any taste at all, their texture is best described as slimy and they look like limp worms on a plate. So why are people paying hundreds of euros to eat angulas at expensive restaurants?
Legend has it that in the past angulas were used as fodder for chickens and pigs, and there is historical evidence that they were once a staple food of the working class in northern Spain. But today they sell for astronomical prices of up to 1,000 euros ($1,150) per kilo, so only the richest of the rich can afford them. So what happened? Well, scarcity definitely played a big part in their surprising transformation. River dams, the general degradation of the environment and overfishing have seriously affected the baby eel population, and the rarer they got the more expensive they became. They may not taste like anything, but apparently many people like to act like snobs every once in a while, so they pay a premium to enjoy a food that most people can’t afford.