What percentage share of North American landings does the Canadian lobster fishery account for?
Answer
Over 60%
The sheer scale of the Canadian lobster fishery grants it a commanding position in the overall North American seafood market. Specifically, this fishery is credited with yielding a significantly higher volume, accounting for more than 60% of all lobster landings across North America. This massive supply volume inherently influences market dynamics, typically contributing to a lower general price point for Canadian lobster when compared to the lobster sourced from Maine, which benefits from a smaller overall harvest volume.
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