Monthly Average Price Trends (2020-2025)
This chart displays the monthly average price trends for fresh crab in retail, highlighting significant price fluctuations over the five-year period.
Key Insight:
Average prices peaked in December 2021 at $15.47/lb before declining to $8.10/lb in April 2024, representing a 48% decrease from peak pricing.
Retail Fresh Crab Monthly Average Price ($/lb)
About This Analysis
This analysis examines retail fresh crab pricing trends on a monthly basis from January 2020 through January 2025. The data reveals significant price volatility with a dramatic peak in late 2021 followed by substantial declines through 2023-2024.
The price spike in 2021 coincided with supply chain disruptions and increased demand for at-home seafood consumption during pandemic restrictions. The subsequent price normalization reflects market adjustments, increasing supply availability, and changing consumer purchasing patterns.
Data source: Retail Fresh Monthly Sales Data