Seafood Again Sets Sales Records

January 14, 2022

By Laine Welch

 

Sales of frozen and fresh seafood in the U.S. hit all-time highs in 2021, primarily driven by inflation.

 

SeafoodSource reports that retail sales surpassed 2019 and 2020 as more Americans opted for seafood due to its proven health benefits.

 

Data from market trackers IRI and 210 Analytics showed fresh fish sales climbed 6.4% in 2021 compared to 2020 and a whopping 25.5% versus 2019, topping $7 billion. Fresh shellfish sales rose 0.5% versus 2020 and 37.6% from 2019. 

 

Frozen seafood sales rose 2.8% compared to 2020 and soared by nearly 41% from 2019, reaching $7.2 billion.

 

Sales of canned or other “shelf-stable” seafood declined 11.4% in 2021; however, the category still produced $2.5 billion for the year. 

 

The consumer price index increased 6.8% through November 2021, the highest since June 1982, according to the Bureau of Labor Statistics. In December 2021, the average price per unit across all food and beverage sales was up 8.3% compared to December 2020.

 

Frozen seafood prices rose 4.2% per unit and 5.7% per volume for the year. Fresh seafood prices increased 6.8% in 2021 and dollar sales increased 1.8%.

 

“Robust demand got fresh seafood very close to the ‘new record’ finish line and inflation pushed it to new records,” said Anne-Marie Roerink of 210 Analytics.

             

Fish watch - The largest harvest ever of 45,164 tons (90.3 million pounds) is set for the 2022 Sitka Sound sac roe herring fishery, which typically opens in March. Likewise, a record 65,107 tons of roe herring (130.2 million pounds) can be taken at Togiak in Bristol Bay, the state’s largest herring fishery that usually begins in May.

 

Find more at www.alaskafishradio.com

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