Crab Price Trends
Crab
Price movements
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Norway | Crab, Red King, Leg & Claw, 16-20 ct..
M-o-M Change
Year-on-year Change
Canada | Crab, Snow, Cluster, Newfoundland, 5-8 oz..
M-o-M Change
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Canada | Crab, Snow, Cluster, Gulf Lawrence, 10 oz..
6 month Change
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Canada | Crab, Snow, Cluster, Gulf Lawrence, 8 oz..
6 month Change
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China | Crab Meat, Red, Pasteurized, 16 oz. Colossal..
6 month Change
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SE Asia | Crab Meat, Blue, Pasteurized, 16 oz. Coloss..
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Market watch:
- Norway snow crab: 2026 quota is set at 27.2 million pounds (12,336 MT), representing a 3% decrease from 2025. Imports for the new season have started to slowly flow into the market. Last year, Norway had a market share of 9%, and the majority of the product landed in March and April of 2025. Currently, Norwegian product has remained active in spot markets, with recent price action reflecting divergent undertones. Norwegian 5-8s moving higher while 10-ups declined, suggesting market participants are navigating mixed sentiment as new-season inventory begins to emerge in USA markets.
- Alaskan snow crab: Quota for the 2025-2026 season is up 97% from the previous season, but the volume is only 8.37 million pounds, which represents a little more than 5% market share. Therefore, when placed in the context of the overall North American supply, Alaska's allocation remains a relatively small volume contributor. The perception of the product remains premium, and market participants report that much of the product may be headed towards contracts and may not hit the open spot market.
- Canadian snow crab: Continues to dominate USA import volumes, underscoring the critical importance of quota decisions in Newfoundland, the Gulf, Nova Scotia, and Quebec. Through December 2025, Canada had shipped 120.1 million pounds to the USA market.
- Newfoundland received a modest 3% reduction to 134.5 million pounds (61,004 tonnes), marking the third-highest quota on record despite the decrease. Such outcomes represent a potential tightening of supplies heading into the new season, particularly as previous-season inventory continues to deplete, as is typical. Current market activity reflects these supply pressures: thin inventories on 5-8s, limited Alaskan spot product, and ice-related delays in Quebec and the Gulf have already begun to shape trading dynamics.
Crab
Price forecast
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