ANALYSIS: Supply Constraints and Price Pressures Define 2025 Red King Crab Market
The global red king crab market is currently experiencing significant supply constraints and upward pricing pressure, which is reflected in both imported and domestic product availability. In Norway, the market has remained firm throughout the month, driven primarily by a quota reduction of approximately 60 percent. This sharp decrease in allowable catch has rendered supplies extremely tight, with buyers facing a “very dry” market situation. As a result, prices have continued to climb, and further cost increases are anticipated due to a...
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