Japan: Russian Crab Exports in 2023 Expected Frozen and Live 50-50
In 2022, the share of live crabs in Russia's crab exports increased by 10% from the previous year to 40%. The increase is because the United States, the country with the most significant demand for frozen crabs, has imposed an embargo on Russian products. As the dollar price of frozen crabs fell to half the price since last spring due to the embargo, it became clear from statistics that Russian producers turned to exporting high-priced live crabs. A Japanese trading company speculates...
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