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European consumption of Crawfish in decline as lobster industry booms - by Sean Roach
Europe's large crustacean prices remained fairly stable with a large drop in the demand and supply of crawfish being offset by increased lobster consumption, says a new Food and Agriculture Organisation (FAO) report. The trends from country to country in the EU suggest that the dwindling volume of crawfish reaching consumers could be a direct result of the increases in lobster imports in many markets.
Globefish notes that import values through the first half of this year have strongly correlated with the volume of imports. While crawfish has taken a dive in France by 41 per cent the price of crawfish in that market is also down 30 per cent, another worrying note for suppliers. Offsetting the lack of crawfish in France is the increase of live and frozen lobster imports. While live lobster only saw a 1 per cent increase, frozen lobster imports doubled to 220 tonnes from January to May. This increased volume has also been accompanied by moderate price increases, stated Globefish.
Globefish states that the increased Spanish import volume is mirroring the growing supply from Benelux, Canada and Ireland. The growing live lobster market in Spain is attributed to the increase in sales from the USA, where volumes have jumped a third to almost 700 tonnes.
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