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Norwegian Crabs Face Declines While Coldwater Prawn Hits Historic Record

NORWAY
Monday, June 08, 2026, 02:00 (GMT + 9)

The Norwegian Seafood Council (Norges sjømatråd) has presented its export balance for May 2026, revealing a mixed performance across the shellfish sector. While king crab and snow crab experienced contractions due to quota restrictions and international price pressures, the coldwater prawn sector achieved record-breaking figures driven by surging Asian demand. Source: Norwegian Seafood Council King Crab: Volume Drop Triggered by Conservation Closures Norway exported 59 tonnes of king crab (Paralithodes camtschaticus) in May, generating an export value of NOK 31 million (approximately US$ 2.92 million). These figures represent a 55% drop in volume and a 44% decline in value—equivalent to NOK 24 millones (US$ 2.26 million) less—compared to the same month last year. ... FULL STORY

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