ANALYSIS: Crab Meat Industry Facing Roadblocks as Prices Sit at All-time Highs
Container shortages, delays, rising raw material costs, and continued allocation remain the major themes in the pasteurized crab meat market. The largest producing countries’ locations in Southeast Asia make the industry vulnerable and exposed to continuing logistical challenges and constant COVID-19 hurdles within the countries.
Current quotations for both the blue and red swimming crab meat markets are far and away at all-time highs. Colossal blue swimming crab meat is 86.6 percent higher than the same time period in 2020 and 92.8 percent higher than...
To Read Full Story Login Below.