Global Crab Trade is Repricing Power - Here's Where It's Concentrating

The global crab market now operates on two pricing centers: frozen in the United States, live in China.
As outlined in last month's report, the global crab trade is becoming increasingly concentrated. The central question for 2026 is how that concentration reshapes pricing power across the major markets.
Full-year 2025 data across all major producing and consuming regions confirm a meaningful expansion in global trade flows. The United States imported 140 million pounds of frozen king and snow crab, reinforcing its role as the dominant pricing center...
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