U.S. Imports of Snow Crab From Canada, Norway, and Greenland Soar in March
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A high percentage of consumers are expressing concern about the state of the economy. Their concerns are effecting purchasing decisions and leading to lower demand for premium seafood products such as snow and king crab to the benefit of cheaper proteins.
Prices for king crab and snow crab were at unsustainable levels in 2022 resulting in supply exceeding demand. In the case of snow crab this is changing as the 2023 lower prices had a positive effect on sales and demand. U.S. imports are up...
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