Blue crab imports continue to decline
June 18, 2009
After weathering one of its most volatile seasons ever last year, the blue crab market is slowly recovering.
In the first three quarters of 2008, prices soared for all grades of the crustacean, reaching USD 23 (EUR 16.53) per pound for jumbo lump and USD 9 (USD 6.47) for claw meat before settling at USD 14 (EUR 10) and USD 6 (EUR 4.31), respectively.
Volatility in last year’s blue-swimming crab (Portunus pelagicus) market was largely linked to poor harvests in Indonesia, Vietnam, Philippines…