Tag Archives: U.S. consumers
Price outlook diverges for Canada’s top 2 seafoods – Snow crab prices plunged by 60 % in 2022
Canada’s lobster industry is poised to claw its way out of a down year, say analysts, while unsold snow crab stuck in cold storage remains an anchor dragging on the bottom line. Snow crab sales sank and prices plunged 60 per cent in 2022, thanks in part to U.S. consumers who stayed away from luxury seafood as they were battered by inflation. Lobster also took a hit last year, with prices down 30 per cent. The value of Canadian live lobster exports dropped as well, but volumes actually ticked up slightly. Kelly Zhuang of World Link Food Distributors in Nova Scotia says 800 tonnes of live lobster is flown to China from Halifax and Moncton per week. And more charters are expected.>click to read< 13:55
An East Coast Perspective on Coronavirus Impacts
This was initially to be about how the New Jersey commercial fishing industry was coping with the coronavirus crisis. However, there is a seemingly infinite number of websites running commentaries on the national and/or international aspects of the ongoing pandemic in general and, surprisingly, as it specifically applies to and as it affects commercial fishing and the seafood industry. Considering this, sharing more than an overview of what the New Jersey industry, or at least that part of it that I have been in touch with, would probably not have much of an impact. But happily, at this point it seems that U.S. consumers aren’t really as averse to preparing quality seafood at home (when it isn’t available or is only limitedly available elsewhere) as most of us have believed. >click to read< By Nils Stolpe 12:05
Americans ate more salmon than tuna last year
Salmon’s big gains with U.S. consumers came in a year when overall per capita consumption of seafood was almost flat, with the total per capita consumption of 14.5 pounds up from 14.4 pounds in 2012. Read the rest here 07:07
