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    Home > Food News > Food Articles > This year the global crab market may face a situation where demand exceeds supply

    This year the global crab market may face a situation where demand exceeds supply

    • Last Update: 2021-03-19
    • Source: Internet
    • Author: User
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    From SeafoodNews March 9 news, foodmate.
    net/tag_2463.
    html" class="zdbq" title="U.
    S.
    related food information" target="_blank">the US foodmate.
    net/tag_1660.
    html" class="zdbq" title="Food information related to the food industry" target="_blank">Food Industry Association released the "2021 foodmate.
    net/tag_667.
    html" class="zdbq" title="Seafood related food information" target="_blank">seafood energy report" clearly the foodmate.
    net/tag_4622.
    html" class="zdbq" title="Seafood related food information" target="_blank">seafood industry in 2020 experienced, seafood in foodmate.
    net/tag_1133.
    html" class="zdbq" title="Retail related food information" target="_blank">retail sales growth of 28.
    4%, an increase of more than foodmate.
    net/tag_1357.
    html" class="zdbq" title="Agricultural related food information" target="_blank">agricultural products ( (Increased by 11.
    3%) and foodmate.
    net/tag_1499.
    html" class="zdbq" title="Meat related food information" target="_blank">meat (increased by 18.
    7%), the largest annual growth rate is foodmate.
    net/tag_1383.
    html" class="zdbq" title="Crab related food information" target="_blank">crab (increased by 60.
    2%) and foodmate.
    net/tag_1150.
    html" class="zdbq" title="Lobster related food information" target="_blank">lobster (increased by 59.
    9%).
     
      In 2021, a major question for crab importers and sellers is whether this growth can be sustained.
    Unfortunately, the number of crabs available in the market this year is not sufficient.
     
      The world's crab resources are sustainably managed, and the catch is limited by quotas.
    In 2020, the retail supermarket industry will benefit from the closure of the catering service industry and the transformation of the sales market to retail.
    The catering industry will return to the market this year and regain some crab resources.
     
      Although the resources of Russian crabs are very good, the processed king crabs and snow crabs sold to the United States must compete with the live crab market in Asia, because the Russian Far East live crabs sold in Asia account for more than 40% of the resources.
     
      Russia:
     
      Data from the crab industry in the Russian Far East on March 2 showed that there were 53 fishing boats in operation, including 9 blue king crab fishing boats, 17 gray-eyed snow crab fishing boats, 8 golden king crab fishing boats, and 14 deep-sea snow crab processing fishing boats.
     
      During the Chinese New Year, the number of live crabs shipped to China and South Korea continued to be strong.
     
      Norway:
     
      In January, the export volume of live king crab was 279 tons, an increase of 27% year-on-year.
    The main export markets were South Korea, Hong Kong, and the growing Vietnam.
     
      In 2021, the quota for snow crabs has increased by 46% to 6,500 tons, and the quota for king crabs has increased to 1,930 tons.
     
      Alaska:
     
      The fishing season of Alaska Greyeye Snow Crab generally starts in January.
    The initial period is relatively slow, but now it is accelerating.
    As of March 2, 42% of the catch has been caught.
    Golden King Crab fulfilled 71% of the quota in western Aleutian.
     
      Canada:
     
      Canada’s important snow crab fishery resources look good, and the official quota by region and opening date will be announced at the end of March.
    In 2020, the snow crab quota is 69,900 tons, and the completed volume is 65,567 tons.
    foodmate.
    net/tag_2463.
    html" class="zdbq" title="U.
    S.
    related food information" target="_blank">U.
    S.
    foodmate.
    net/tag_1660.
    html" class="zdbq" title="Food information related to the food industry" target="_blank">Food Industry foodmate.
    net/tag_667.
    html" class="zdbq" title="Seafood related food information" target="_blank">Seafood, foodmate.
    net/tag_4622.
    html" class="zdbq" title="Seafood related food information" target="_blank">Seafood foodmate.
    net/tag_1133.
    html" class="zdbq" title="Retail related food information" target="_blank">Retail, foodmate.
    net/tag_1357.
    html" class="zdbq" title="Agricultural related food information" target="_blank">Agricultural Products, foodmate.
    net/tag_1499.
    html" class="zdbq" title="Meat related food information" target="_blank">Meat, foodmate.
    net/tag_1383.
    html" class="zdbq" title="Crab related food information" target="_blank">Crab, foodmate.
    net/tag_1150.
    html" class="zdbq" title="Lobster related food information" target="_blank">Lobster
     
      In 2021, a major question for crab importers and sellers is whether this growth can be sustained.
    Unfortunately, the number of crabs available in the market this year is not sufficient.
     
      The world's crab resources are sustainably managed, and the catch is limited by quotas.
    In 2020, the retail supermarket industry will benefit from the closure of the catering service industry and the transformation of the sales market to retail.
    The catering industry will return to the market this year and regain some crab resources.
     
      Although the resources of Russian crabs are very good, the processed king crabs and snow crabs sold to the United States must compete with the live crab market in Asia, because the Russian Far East live crabs sold in Asia account for more than 40% of the resources.
     
      Russia:
     
      Data from the crab industry in the Russian Far East on March 2 showed that there were 53 fishing boats in operation, including 9 blue king crab fishing boats, 17 gray-eyed snow crab fishing boats, 8 golden king crab fishing boats, and 14 deep-sea snow crab processing fishing boats.
     
      During the Chinese New Year, the number of live crabs shipped to China and South Korea continued to be strong.
     
      Norway:
     
      In January, the export volume of live king crab was 279 tons, an increase of 27% year-on-year.
    The main export markets were South Korea, Hong Kong, and the growing Vietnam.
     
      In 2021, the quota for snow crabs has increased by 46% to 6,500 tons, and the quota for king crabs has increased to 1,930 tons.
     
      Alaska:
     
      The fishing season of Alaska Greyeye Snow Crab generally starts in January.
    The initial period is relatively slow, but now it is accelerating.
    As of March 2, 42% of the catch has been caught.
    Golden King Crab fulfilled 71% of the quota in western Aleutian.
     
      Canada:
     
      Canada’s important snow crab fishery resources look good, and the official quota by region and opening date will be announced at the end of March.
    In 2020, the snow crab quota is 69,900 tons, and the completed volume is 65,567 tons.
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