Since the beginning of June, fresh Venezuelan crabmeat prices have remained stable and relatively inexpensive. However, this changed last week as production in Lake Maracaibo dropped by 25-30%, according to several industry sources. Prices experienced a surge at the start of last week and rose further over the weekend.
Despite this week’s increase, fresh jumbo lump remains a significant value, selling at the $21 mark, which is $14 less a pound than comparable Indonesian pasteurized jumbo. Fresh Venezuelan lump prices have risen, but only marginally. Fresh super claw prices have remained consistent. We have four weeks left until crabbing halts in Lake Maracaibo for two months.
Prices are subject to change.
7/17/23
