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Global Appetite for Norwegian Crabs and Coldwater Prawns Hits Supply Wall

NORWAY
Monday, May 11, 2026, 02:00 (GMT + 9)

Limited Stocks and Seasonal Closures Drive Prices Up as Major Markets Compete for Dwindling Volumes The latest trade data reveals a complex landscape for the Norwegian seafood industry. While international demand for premium shellfish remains robust, a combination of seasonal closures and limited availability led to a significant dip in export volumes this April. Despite the squeeze on supply, the willingness to pay—particularly in the United States and China—continues to keep valuations resilient. Source: Norwegian Seafood Council King Crab: Off-Season Scarcity Drives Value Norway exported 47 tonnes of king crab in April, generating a total value of approximately $2.78 million (NOK 30 million). This represents a 25% decline in value (down $927,000) and a sharp 50% drop in volume compared to the same peri... FULL STORY

India Indian Shrimp Industry Buckles Under Weight of New US Tariffs May 11, 00:10 Escalating Trade Barriers Force Farmers to Halt Harvests as Latin American Competitors Gain Ground NEW DELHI ... FULL STORY		Japan Tokyo’s Bluefin Market Erupts: Prices Skyrocket 88% Following Holiday Lull May 11, 00:10 Supply Bottlenecks Drive Fresh Tuna Costs to New Heights While Frozen Bigeye Hits Historical Records TOKYO &n... FULL STORY

Norway Norwegian Cod Exports Hit 17-Year Low as Prices Skyrocket May 11, 00:10 Historic supply crunch sends export volumes plunging to 2009 levels while luxury "Skrei" reaches rec... FULL STORY		Netherlands Nutreco Scales Intelligent Shrimp Ecosystem to Protect Global Producers Against Market Volatility May 8, 06:10 Eruvaka Expansion Reaches 12 Countries as AI-Driven Precision Secures US$1.25 Billion in Crop Value AMERSFOOR... FULL STORY

Japan
Rising Costs and Global Instability Threaten Japan’s Surimi Heritage
May 11, 01:00
Raw Material Surges and Logistics Bottlenecks Push Retail Prices to Record Highs as Production Hits Historic Lows TOKYO — The Japanese surimi i... FULL STORY

Norway
Norwegian Pelagic Exports Hit Record Highs for Herring While Mackerel Supplies Tighten
May 11, 00:20
Fillet Demand Drives Unprecedented Revenue Growth Despite Falling Mackerel Volumes OSLO — The Norwegian seafood industry is witnessing a dramat... FULL STORY

Worldwide
Global Shrimp Tug-of-War: Asian Prices Plummet as Ecuador Holds the Line
May 11, 00:10
Inventory Glut and Stiff Competition Force Asian Suppliers to Slash Rates Amidst Market Saturation The global shrimp market is witnessing a widening ... FULL STORY

MORE NEWS

Peru May 11, 00:00 (GMT + 9):
	IN BRIEF - CALAMASUR to Host Webinar on Jumbo Squid Management and Illegal Fishing Control in the South Pacific

Myanmar May 8, 06:00 (GMT + 9):
	Myanmar Shrimp Exports Increase to Over 10,000 Tons

Cyprus May 8, 05:10 (GMT + 9):
	Mediterranean Nations Pledge Decade-Long Rescue Plan for Marine Life

Japan May 8, 00:10 (GMT + 9):
	Market Gridlock: Why Salmon Prices Have Hit a Standstill at FIS

Spain May 8, 00:10 (GMT + 9):
	Bilbao Becomes the Global Epicenter of Responsible Fishing with the 'Sustainable Tuna Experience'

Russian Federation May 8, 00:10 (GMT + 9):
	Russia’s High-Tech Crab Processor Hits the High Seas

Norway May 8, 00:10 (GMT + 9):
	Norwegian Salmon and Trout Volumes Fall in April

Spain May 8, 00:00 (GMT + 9):
	Other media \| Faro de Vigo: Crew abandonment, a growing scourge with 8 cases per week: from the Vigo-based 'Dux' to the Turkish 'Diamond'

Argentina May 8, 00:00 (GMT + 9):
	Other Media \| La Voz de Galicia: Conarpesa, a subsidiary of Wofco, implements a $7 million investment plan in Argentina

Norway May 8, 00:00 (GMT + 9):
	Other Media \| SalmonBusiness: AKVA Group: secures major smolt and RAS contracts during strong first quarter

Worldwide May 8, 00:00 (GMT + 9):
	Other Media \| fishfarmingexpert: Feed: fishmeal and fish oil production fell in Q1 2026

Peru May 7, 06:00 (GMT + 9):
	SONAPESCAL: 'Government opens the door to 150 presumably illegal fishing vessels'

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SONAPESCAL: 'Government opens the door to 150 presumably illegal fishing vessels'
Peru A few weeks before the end of its term, PRODUCE issued a regulation that, in practice, increases the fishing effort on resources that have already been exploited to their maximum capacity since 2021. ...

Bilbao Becomes the Global Epicenter of Responsible Fishing with the 'Sustainable Tuna Experience'
Spain International experts and sector leaders reinforce the International Declaration for Tuna Sustainability at a key meeting for the future of the Atlantic. BILBAO – In an effort to secu...

Seafood and Aquaculture Potential: The US$1.9 Billion Investment Opportunity in Southern Morocco
Morocco World Bank Identifies Seafood Sector as a Primary Driver for 166,000 New Jobs RABAT – A series of strategic reports released by the World Bank Group, including the Morocco Growth and Jobs Repor...

Russia’s High-Tech Crab Processor Hits the High Seas
Russia Fed. In a landmark move for the Russian maritime industry, the innovative crab-catching and processing vessel Kildin has officially been commissioned, marking a new era for the nation’s fishing fleet...