What is the price of crab per kilogram/pound in US today?
The retail price range for US crab is between US$ 16.32 and US$ 69.24 per kilogram or between US$ 7.40 and US$ 31.40 per pound(lb). Click here to see today's exact prices of crab in US
The retail price range in Euro for crab is between EUR 14.97 and EUR 63.53 per kilogram or between EUR 6.79 and EUR 28.81 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US crab is between US$ 11.43 and US$ 48.47 per kilogram or between US$ 5.18 and US$ 21.98 per pound(lb).
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US Crab Export Prices - Historical, Trends and Prediction
The export price per kilogram of Crab from the US over the last five years has seen a steady increase. In 2011, the price was 9.59 US dollars per kg, and by 2020, it had risen to 12.07 US dollars per kg. This represents an increase of 25.7% over the period. The highest price was in 2020, at 12.07 US dollars per kg, while the lowest was in 2012, at 8.62 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Crab from the US in 2023 will be 10.33 US dollars per kg, and in 2024 will be 11.00 US dollars per kg.US Crab Import Prices - Historical, Trends and Prediction
The import price per kilogram of Crab into the US over the last five years has seen a steady increase. In 2012, the price was 8.62 US dollars per kg, and by 2020, it had risen to 12.07 US dollars per kg. This represents an increase of 3.45 US dollars per kg, or 40.1% over the eight-year period. The highest price was seen in 2020, with a slight decrease in 2021 to 9.79 US dollars per kg. However, the price has since recovered to 10.33 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Crab into the US will continue to increase in the coming years. We can predict that the import price per kilogram of Crab into the US in 2023 will be around 11.00 US dollars per kg, and in 2024, it will be around 11.50 US dollars per kg.Export values for US crab
The total values in export for crab in US were US$ 21,723, US$ 11,527, US$ 15,788 and US$ 16,697 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in US: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
See prices of crab in other countries across North America: Canada crab, US crab, Anguilla crab, Antigua and Barbuda crab, Bermuda crab, Bonaire, Sint Eustatius and Saba crab, St.Pierre and Miquelon crab, United States Minor Outlying Islands crab, Cayman Islands crab & Greenland crab.
US crab - Production, Exports, Imports, Seasons and HS Codes
The quantity of crab sold by US in 2020 was 1,099 metric tonnes. In 2019 US shipped 1,451 tonnes of crab. For the year 2019 alone, the demand for US crab (seafood category) has increased, flactuating by 12.481 per cent compared to the year 2018. Between 2017 and 2019, crab's exports grew by 33.86 pc netting the nation US$16.70m for the year 2019. US' crab exports are categorised as:
- Crab, prepared or preserved (excluding smoked) (HS code 160510)
- Crabs, fresh or chilled, dried, salted, smoked or in brine (HS code 0306Xe)
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US crab export values
In 2019, US exported crab valued at 16.70m USD, a growth of 5.78% from 2018's total crab export of 15.788m USD. The yearly increase in value of US crab between 2017 to 2018 was 36.965 pc.
The yearly change in the volume of US' crab exports between 2017 and 2019 was 33.86 per cent when compared to a variation of 12.481% in the growth rate between 2018 and 2019.
Export markets for US crab ( in '000$ )
US brought in 32,259 tonnes of crab in 2019.
Price changes drive demand for crab in US
The prices of crabs in the US have sustained a downward trend in the period 2023 to 2024. For example, by mid of 2023, the prices of US crabs had fallen by about 19%. According to a report by Circana, which scanned nationwide retail data on crabs’ sales during this period, US crabs were costing just 8 dollars a pound on average by June, 2023.
By April of 2024, the prices had fallen by about 30% from a similar period in 2023. As expected, these price changes have led to an increase in demand that has been stable for some time now.
But unlike in 2023 when the US crab market experienced volatility in prices, there has been relative crab price stability in 2024 which is expected to last till around May at the start of the US crab season. The price could then rise from June till the end of 2024 after stocks start to fall.
Current reports by Fish, Food and Allied Workers Union (FFAW) and Seafood News, put the retail price of US crabs at about $5.45 a pound on the lower side, by March, 2024.
Which type of crab can you buy, and what are the prices to expect?
Across the US crab market, you will find 5 major types of crabs. Each carries a different price and this is important to understand when shopping for crabs.
These are the different crabs and the corresponding average prices:
1. Dungeness Crab
Current retail price of fresh, whole dungeness crab in US: $ 5.9 per pound
The most abundant in the United States. It's oval in shape and the color varies frm yellow to purple. Their claws have hooks, and this is the standout feature that distinguishes them from other types of crab.
In some years, the harvest for dungeness crab in the US easily surpasses 50 million pounds!
2. Snow Crab
Current retail price of snow crab clusters in US: $9.03 per pound
Medium-sized with smooth, rounded shells that are typically a light red or orange color. They have long, thin legs and four pairs of walking legs, as well as two claws. Their most distinguishing feature is a white patch on their abdomen, which is why they are called snow crab.
In the US, snow crab are manly found in Alaska.
3. Blue Crab
Current retail price of fresh blue crab in the US: $12.5 per pound
Just as the name suggests, these crab are known for their bright blue claws and olive green or brownish shell. The shell can reach up to 9 inches in width.
They have four pairs of walking legs and a pair of paddle-like swimming legs. Males and females are easily distinguished by their abdomens, known as the "apron." The male's apron is long and slender, resembling the Washington Monument. The mature female's apron, on the other hand, is broad and rounded, similar to the dome of the US Capitol.
4. King Crab
Current retail price of whole king crab in the US: $13 per pound
The largest of them al, they have a spiky, reddish-brown shell that can grow up to 11 inches wide and a leg span of nearly 6 feet.
They have three pairs of walking legs and one pair of massive claws. The right claw is typically larger than the left.
5. Stone Crab
Current price of stone crab claws in the US: $35-$75 per pound
*Stone crab claws are normally sold in four sizes: medium, large, jumbo, and colossal. Medium size is the cheapest whereas colossal is the most expensive.
Stone crab have a spiky, reddish-brown shell that is adorned with gray spots and a tan underside. They stand out for their two claws, one noticeably larger than the other. The larger claw, often tipped in black, boasts exceptional strength. Stone crab are abundant in Florida.
Important to note that stone crab are mainly harvested for their claws. Once the claws are harvested, the crab are returned back to the waters.
If you are eager to try the most expensive, then you may want to go for either the Giant Spider Crab which can easily go for more than $12,000. You can also grab frozen Alaskan Red king crab, which is among the biggest crab in US waters weighing 28 pounds. It costs 180 dollars apiece while a leg pound goes for 34 dollars and above.
Because catching and processing crab takes chunks of time, crab meat will always be rather costly! So, grab the opportunity now when demand and pricing are enjoying stability.