April 24, 2020 — With many restaurants shuttered, and typical export pipelines closed, demand for lobster and other Maine seafood is way down, leaving Maine’s $674 million-a-year commercial fishing industry scrambling to find new markets and short-term economic relief to survive the pandemic.
“It appears that we have a long road ahead,” Patrice McCarron, the director of the Maine Lobstermen’s Association, said in the group’s latest newsletter. “While the timeline for the coronavirus and its corresponding economic disaster are unknown, we must prepare for long-term impacts.”
The pandemic has forced the closure of almost one out of three restaurants, according to the latest reports. The restaurant industry, along with food service, consumes about 80 percent of U.S. seafood. It’s worse for lobster, a luxury item, which counts casinos and cruise ships among its biggest customers.
This comes on the heels of the $485 million-a-year Maine lobster industry’s struggle to replace the market it lost in the trade war with China, which had accounted for 1 out of every 3 pounds of lobsters exported overseas, and Canada’s sweet trade deal with the European Union.