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Record-high king crab prices not slowing retail sales

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Crab sales at U.S. retailers have hit record highs, with the category as a whole up over 60 percent, and king crab has been buoyed by the surge.
Customers at the retail level are buying record numbers of king crab, according to Michael Kotok, the president of Buffalo, New York, U.S.A.-based Arctic Fisheries. Kotok was speaking during the National Fisheries Institute’s Global Seafood Market Conference webinar series; SeafoodSource is providing exclusive coverage of the GSMC webinar series, which will be providing exclusive market-focused content throughout 2021.
Despite the price-spikes – 9-12 count leg and claw crab is selling for as much as USD 28 (EUR 23) per pound – customers are still buying, Kotok said. ....

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