Due to changes in the global trade pattern, Japan's purchases of Norwegian snow crab will decrease

Published 2025년 2월 11일

Tridge summary

The US government's imposition of tariffs on imports from Canada, Mexico, and China is likely to have a significant impact on the global seafood market. The tariffs are expected to lead to a decrease in prices for Canadian lobsters and Mexican wild brown shrimp in Japan. The future market prices for Canadian frozen snow crab in Japan are uncertain, hinged on the supply and demand in the US. Additionally, the tariffs could result in a reduction in the supply of Norwegian snow crab available to Japan, as more of it is likely to be exported to the US, where demand is increasing.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The US government's recent announcement of a 25% tariff on imports from Canada and Mexico and an additional 10% tariff on imports from China is expected to affect the seafood market. Japanese trading companies expect prices for Canadian lobsters and Mexican wild brown shrimp to fall. Future market prices for Canadian frozen snow crab in Japan may be affected by supply and demand in the ...
Source: Foodmate

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