US fresh, frozen, ambient seafood sales drop in June 2023

Sales of fresh, frozen, and ambient seafood in U.S. retail stores all decreased in June in spite of prices for the first two categories dropping in the period.

Fresh seafood sales fell 2.8 percent to USD 624 million (EUR 555 million) in June. Frozen seafood sales fell harder, dropping 5.3 percent to USD 627 million (EUR 558 million), according to Circana data provided by Lakeland, Florida, U.S.A.-based 210 Analytics

The decrease in sales comes despite frozen seafood prices dropping 7.5 percent and fresh seafood prices falling 3.2 percent in the month, driven by a significant decline in shellfish prices – most notably crab, which saw its average price plummet 19.2 percent.

“Deflation pulled dollar sales below June 2022 levels, as consumer demand has not yet caught up with ... 

Photo courtesy of Sobey's