ANALYSIS: Blue Swimming Crab Market Continues Downward Move
The blue swimming crab meat market saw April imports lower than March by 7.4 percent, but overall year-to-date imports are significantly higher, up 50 percent. Currently, imports stand at a 33.2 percent increase over the 3-year average for the same time period.
Indonesia, which holds over a 45 percent market share, is now 41 percent higher YTD and sits at 11.5 million pounds imported so far this year. The Philippines, which holds an 11 percent market share, is 90 percent higher with 2.8 million pounds...
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