Scrambling of global snow crab market continuing into 2023

Published on
January 17, 2023
Boiled snow crab.

A drop in supply is meeting with tepid markets to paint a bleak picture for the global snow crab market in 2023.

The United States, Canada, Norway, and Russia are the world’s major suppliers of snow crab. But a cataclysmic decline in U.S. snow crab stocks, along with lower quotas in Norway, plunging prices in Canada, and the political fallout from Russia’s invasion of Ukraine, have combined to put a significant dent into supply predictions for the coming year ... 

Photo courtesy of TMON/Shutterstock

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