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    Home > Food News > Food Articles > The price of imported portunus from the United States has risen by 80%, and demand has not yet capped

    The price of imported portunus from the United States has risen by 80%, and demand has not yet capped

    • Last Update: 2021-11-01
    • Source: Internet
    • Author: User
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    Year to date, the international swimming crab meat prices have been rising, according to the US Food price information site Urner Barry data last week, the blue swimming crab BSC (Portunus pelagicus) Pap sterilization crab meat prices rose to $ 43.
    75- $ 44.
    50 / lb, compared with 10 months ago, up 80 % Above
    .
    However, the price ceiling seems to go beyond that
    .
    According to the statistics of the National Oceanic and Atmospheric Administration (NOAA), the United States imported 17,526 tons of portunculus in the first eight months of this year , an increase of 15% year-on-year and an increase of 5% year-on-year; imports reached US$450 million, an increase of 53% year-on-year.
    This is an increase of 20% compared to the same period in 2019
    .
    The increase in the volume and price of swimming crabs is a true reflection of the rising demand in the US market
    .
    "For whatever reason, the demand has been rising, and more and more people are going out shopping, especially shrimp, crab and shellfish
    .
    " A source said
    .
    Troy Turkin, chief operating officer of Florida crab importer Supreme Crab & Seafood, believes that the second half of the year is usually the peak season for retailers to purchase.
    If there is not enough stock before December, there may be no goods to sell during the Christmas holidays
    .
    Pre-holiday procurement starts in August and September.
    Because of the supply chain interruption, importers will start hoarding as much as possible to ensure the supply before the holidays
    .
       Turkin said that in general, it takes 30 days to ship from Indonesia to the United States, but due to port delays and container shortages, the shipping cycle will be extended by two weeks to 45 days
    .
       On October 12, JJ McDonnell, an importer from Maryland, USA, issued a notice to customers: “Usually, in September and October, the demand for food and beverages in the United States is weak
    .
    It began to stock up on holidays and holidays
    .
    Indonesia’s production is still limited, and the fishing industry has entered the off-season.
    The catch is mainly small-sized, resulting in scarcity of large-sized products.
    Processing and transportation logistics problems are still severe, and container delays have caused a significant increase in costs
    .
    In the past one In September, the average price of large-size swimming crab meat increased by 4-5%
    .
    "   Turkin believes that taking into account the immediate demand and supply pressures, it seems unlikely that the price of swimming crab will drop before the end of the year, unless there are three obvious improvements in the market in the first quarter of 2022: 1) Indonesia's production in January and February increased, and the supply of large-scale specifications increased significantly.
    ; 2) Supply chain problems have been improved; 3) Demand is weak again
    .
       "It seems unlikely at the moment because the demand has been rising
    .
    As long as the supply chain problem persists , consumers will have to pay for the increased costs.
    I people are unlikely to get better before the end of the year.
    The reality is that the product cannot To meet existing demand, prices will remain high
    .
    Even if prices are lowered, it will be a gradual process
    .
    ” Turkin said, “The good thing is that the American public can understand the current situation, from cars to electronic products, everything.
    There is pressure on supply
    .
    "   Another source said that the wholesalers had lowered their prices two months ago, but only a few weeks later the supply began to be short, and the merchants were even willing to purchase higher prices.
    "I was shocked.
    The demand has been continuing, and we still Without seeing the top of it, we seem to be entering the peak of demand.
    Too many customers call us for goods, and many are not our regular customers
    .
    "   China's production is sluggish   According to Urner Barry's data, pasteurized Chinese red portunus haanii (Portunus haanii) are offered at $26.
    25-$27.
    25/lb, 73-87% from the previous week on January 12
    .
       JJ McDonnell reported that since the start of the fishing of portunus, the production has been generally sluggish in September.
    It is difficult for fishermen to find wild crabs, and the prices of all sizes have increased
    .
    Importers not only have to bear 25% import tariffs, but also high transportation costs
    .
    China’s fishing season will end in a few months.
    If supply is to be secured, production must now be increased
    .
       In the first eight months of 2021, the United States imported 1,655 tons of portunus from China, an increase of 44% year-on-year, and the import value was US$25.
    4 million, an increase of 37% year-on-year
    .
    Portun Crab Food Price Sterilized Crab Meat   However, the price ceiling seems to go beyond that
    .
    According to the statistics of the National Oceanic and Atmospheric Administration (NOAA), the United States imported 17,526 tons of portunculus in the first eight months of this year , an increase of 15% year-on-year and an increase of 5% year-on-year; imports reached US$450 million, an increase of 53% year-on-year.
    This is an increase of 20% compared to the same period in 2019
    .
    import   The increase in the volume and price of swimming crabs is a true reflection of the rising demand in the US market
    .
    "For whatever reason, the demand has been rising, and more and more people are going out shopping, especially shrimp, crab and shellfish
    .
    " A source said
    .
       Troy Turkin, chief operating officer of Florida crab importer Supreme Crab & Seafood, believes that the second half of the year is usually the peak season for retailers to purchase.
    If there is not enough stock before December, there may be no goods to sell during the Christmas holidays
    .
    Pre-holiday procurement starts in August and September.
    Because of the supply chain interruption, importers will start hoarding as much as possible to ensure the supply before the holidays
    .
       Turkin said that in general, it takes 30 days to ship from Indonesia to the United States, but due to port delays and container shortages, the shipping cycle will be extended by two weeks to 45 days
    .
       On October 12, JJ McDonnell, an importer from Maryland, USA, issued a notice to customers: “Usually, in September and October, the demand for food and beverages in the United States is weak
    .
    It began to stock up on holidays and holidays
    .
    Indonesia’s production is still limited, and the fishing industry has entered the off-season.
    The catch is mainly small-sized, resulting in scarcity of large-sized products.
    Processing and transportation logistics problems are still severe, and container delays have caused a significant increase in costs
    .
    In the past one In September, the average price of large-size swimming crab meat increased by 4-5%
    .
    "   Turkin believes that taking into account the immediate demand and supply pressures, it seems unlikely that the price of swimming crab will drop before the end of the year, unless there are three obvious improvements in the market in the first quarter of 2022: 1) Indonesia's production in January and February increased, and the supply of large-scale specifications increased significantly.
    ; 2) Supply chain problems have been improved; 3) Demand is weak again
    .
       "It seems unlikely at the moment because the demand has been rising
    .
    As long as the supply chain problem persists , consumers will have to pay for the increased costs.
    I people are unlikely to get better before the end of the year.
    The reality is that the product cannot To meet existing demand, prices will remain high
    .
    Even if prices are lowered, it will be a gradual process
    .
    ” Turkin said, “The good thing is that the American public can understand the current situation, from cars to electronic products, everything.
    There is pressure on supply
    .
    "   Another source said that the wholesalers had lowered their prices two months ago, but only a few weeks later the supply began to be short, and the merchants were even willing to purchase higher prices.
    "I was shocked.
    The demand has been continuing, and we still Without seeing the top of it, we seem to be entering the peak of demand.
    Too many customers call us for goods, and many are not our regular customers
    .
    "   China's production is sluggishChina's production is sluggish   According to Urner Barry's data, pasteurized Chinese red portunus haanii (Portunus haanii) are offered at $26.
    25-$27.
    25/lb, 73-87% from the previous week on January 12
    .
       JJ McDonnell reported that since the start of the fishing of portunus, the production has been generally sluggish in September.
    It is difficult for fishermen to find wild crabs, and the prices of all sizes have increased
    .
    Importers not only have to bear 25% import tariffs, but also high transportation costs
    .
    China’s fishing season will end in a few months.
    If supply is to be secured, production must now be increased
    .
       In the first eight months of 2021, the United States imported 1,655 tons of portunus from China, an increase of 44% year-on-year, and the import value was US$25.
    4 million, an increase of 37% year-on-year
    .
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