Figure 8
Pack Year Front-Loading and H2 Inventory Depletion
Monthly Canadian snow crab imports to US (M lbs), HS 0306144020, by pack year month
115.9M
Apr–Sep 2025-26
up 12.8% from prior year
1.6M
Oct–Jan 2025-26
down 75% from prior year
98.7%
Share shipped Apr–Sep
highest on record
The 2025-26 pack year shows extreme front-loading. Tariff uncertainty drove buyers to move product onto US contracts during the season months, depleting the pipeline by fall. October through January shipments fell 75% year over year. By contrast, the 2022-23 pack year had unusually heavy H2 shipments as processors liquidated pandemic-era inventory at falling prices. The 2026 season will start with minimal carryover inventory in the US supply chain.
Source: Seafood Datasearch from US Census Bureau (HS 0306144020)