
Snow Crab Landings Also Fall From Previous Week
Fresh snow crab landings followed a similar downward trend.
In week 17, 62 tonnes were delivered with a total value of NOK 5.2 million (approx. €445,000/£380,000). This compares with 100 tonnes and NOK 8 million (approx. €685,000/£585,000) the previous week.
No frozen snow crab landings were recorded during the week.
All fresh volumes landed in week 17 were traded immediately upon landing, indicating continued market demand despite reduced supply.
Year-To-Date Volumes Show Strong Growth
Despite the weekly drop, year-to-date figures remain significantly higher than last year in volume terms.
A total of 3,805 tonnes of fresh snow crab have been traded so far this year, with a value of NOK 264 million (approx. €22.6 million/£19.3 million) and an average price of NOK 69.47 per kg (approx. €5.95/£5.10).
At the same point last year, 1,325 tonnes were traded at a value of NOK 111 million (approx. €9.5 million/£8.1 million), with a higher average price of NOK 83.57 per kg.
The data suggests increased supply is placing downward pressure on prices, even as total volumes expand.
Frozen Product Volumes Continue to Lag
Frozen snow crab volumes remain behind last year’s levels.
So far this year, 3,203 tonnes of frozen claws have been delivered, compared to 5,800 tonnes at the same stage last year.
Of the current year’s total, 1,513 tonnes have been sold at a value of NOK 271 million (approx. €23.2 million/£19.8 million).
This compares with 2,242 tonnes sold for NOK 475 million (approx. €40.7 million/£34.7 million) during the same period last year.
Overall Value Declines Despite Higher Fresh Volumes
Total sales value for snow crab so far this year stands at NOK 535 million (approx. €45.8 million/£39.1 million).
This is down from NOK 585 million (approx. €50.1 million/£42.8 million) at the same point last year.
The figures point to a market where increased fresh volumes are not translating into higher overall value, raising questions about price sustainability as the season progresses.


