Even at lower prices, U.S. seafood sales continued to plummet in November

Meat

Seafood

United States

Market & Price Trends

Published Dec 13, 2023

Tridge summary

Fresh seafood prices dropped in November, particularly shellfish and shelf-stable seafood. However, sales and volumes declined in all segments of seafood. Fresh salmon and crab were the top-selling species at retail in the U.S. in November, but overall fresh seafood sales fell 5.7 percent to USD 417 million (EUR 387 million) and sales volume dropped 7 percent for the month ending 26 November compared to November 2022.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Prices on fresh seafood – particularly shellfish – and shelf-stable seafood continued to drop in November, but sales and volumes declined in all segments, according to data from research firm Circana.Fresh seafood prices declined 2.4 percent in November, according to Circana OmniMarket Integrated Fresh and 210 Analytics. Shellfish prices dropped 10.3 percent on average, with fresh crab prices falling 19.9 percent in November and fresh shrimp prices dropping 11 percent. Fresh catfish prices fell 4.3 percent.“Prices came down across the board in comparison with November 2022, with the one exception of fresh finfish,” Roerink told SeafoodSource. Not all seafood categories declined in prices. Fresh finfish prices rose 2.7 percent, lobster prices jumped 7.2 percent, and fresh salmon prices rose 5.1 percent. Overall, the cost of seafood remained elevated compared to other proteins, according to Roerink. In November, the average price of chicken was USD 2.99 (EUR 2.79) per pound, while ...

Source: Seafoodsource