- Today's US Lobster Price Per Kg/lb
- US Lobster Wholesale Prices
- US Lobster Market Insights
What is the price of lobster per kilogram/pound in US today?
The retail price range for US lobster is between US$ 17.35 and US$ 50.31 per kilogram or between US$ 7.87 and US$ 22.82 per pound(lb). Click here to see today's exact prices of lobster in US
The retail price range in Euro for lobster is between EUR 15.92 and EUR 46.16 per kilogram or between EUR 7.22 and EUR 20.93 per pound(lb) in Washington and New York.
See the Latest lobster Prices in US Today
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Wholesale prices
In 2024, the approximate wholesale price range for US lobster is between US$ 12.14 and US$ 35.22 per kilogram or between US$ 5.51 and US$ 15.97 per pound(lb).
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US Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from the US over the last five years has been quite varied. In 2017, the price was 13.76 US$/kg, followed by 13.66 US$/kg in 2018. In 2019, the price rose to 15.00 US$/kg, and then dropped to 14.21 US$/kg in 2020. 2021 saw a significant increase to 18.58 US$/kg, and the most recent year, 2022, saw a slight decrease to 17.67 US$/kg. Based on this data, it is predicted that the export price per kilogram of Lobster from the US in 2023 will be around 17.50 US$/kg, and in 2024 will be around 17.25 US$/kg.
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US Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into the US over the last five years has been quite varied. In 2016, the price was at its highest at $121.21, before dropping to $13.76 in 2017. The price then remained relatively stable, with a slight increase to $15.00 in 2019, before dropping to $14.21 in 2020. The most recent year, 2021, saw a significant increase to $18.58. Looking ahead, it is likely that the import price per kilogram of Lobster into the US will remain relatively stable over the next two years. We predict that the price in 2023 will be around $17.67, and in 2024 it will be around $18.58.
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Export values for US lobster
The total values in export for lobster in US were US$ 799,851, US$ 695,237, US$ 729,785 and US$ 636,139 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
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Prices of other produce in the Seafood category in US: Sea Bass, Sea Bream, , Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, & Octopus.
See prices of lobster in other countries across North America: Canada lobster, US lobster, Anguilla lobster, Antigua and Barbuda lobster, Bermuda lobster, Bonaire, Sint Eustatius and Saba lobster, St.Pierre and Miquelon lobster, United States Minor Outlying Islands lobster, Cayman Islands lobster & Greenland lobster.
US lobster - Production, Exports, Imports, Seasons and HS Codes
The amount of lobster sold by US in 2020 was 34,500 metric tons. In 2019 US sold 42,402 tonnes of lobster. Through 2019 alone, the demand for US lobster (seafood category) has shrunk, with a change of -20.648 percent compared to the year 2018. Between 2017 and 2019, lobster's exports went down by -16.11 pc earning the nation US$636.14m for the year 2019. US' lobster exports are classified as:
- Rock lobster and other sea crawfish "Palinurus spp., Panulirus spp. and Jasus spp.", whether in shell or not, live, fresh or chilled (HS code 030631)
- Lobsters "Homarus spp.", even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. lobsters in shell, cooked by steaming or by boiling in water (HS code 030622)
- Rock lobster and other sea crawfish "Palinurus spp., Panulirus spp. and Jasus spp.", even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. in shell, cooked by steaming or by boiling in water (HS code 030621)
- Lobsters "Homarus spp.", whether in shell or not, dried, salted, smoked or in brine, incl. lobsters in shell, cooked by steaming or by boiling in water (HS code 030692)
- Rock lobster and other sea crawfish "Palinurus spp., Panulirus spp. and Jasus spp.", whether in shell or not, dried, salted, smoked or in brine, incl. in shell, cooked by steaming or by boiling in water (HS code 030691)
- Frozen Norway lobsters "Nephrops norvegicus", even smoked, whether in shell or not, incl. lobsters in shell, cooked by steaming or by boiling in water (HS code 030615)
- Frozen lobsters "Homarus spp.", even smoked, whether in shell or not, incl. lobsters in shell, cooked by steaming or by boiling in water (HS code 030612)
- Lobster (HS code 0306Xd)
- Norway lobsters "Nephrops norvegicus", even smoked, whether in shell or not, live, fresh, chilled, dried, salted or in brine, incl. lobsters in shell, cooked by steaming or by boiling in water (HS code 030625)
- Lobsters "Homarus spp.", whether in shell or not, live, fresh or chilled (HS code 030632)
- Norway lobsters "Nephrops norvegicus", whether in shell or not, live, fresh or chilled (HS code 030634)
- Norway lobsters "Nephrops norvegicus", whether in shell or not, dried, salted, smoked or in brine, incl. lobsters in shell, cooked by steaming or by boiling in water (HS code 030694)
- Lobster, prepared or preserved (excluding smoked) (HS code 160530)
- Frozen rock lobster and other sea crawfish "Palinurus spp.", "Panulirus spp." and "Jasus spp.", even smoked, whether in shell or not, incl. rock lobster and other sea crawfish in shell, cooked by steaming or by boiling in water (HS code 030611)
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US lobster export values
In 2019, US sold lobster worth 636.14m USD, a contraction of -12.83% from 2018's total lobster export of 729.785m USD. The annual change in value of US lobster between 2017 to 2018 was 4.969 per cent.
The per year change in the amount of US' lobster exports between 2017 and 2019 was -16.11 pc in comparison to a variation of -20.648% in the period between 2018 and 2019.
US' stake of the world's total lobster's exports in 2019 was 1.7 pc. The country holds number 10 in world exports of lobster.
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Export markets for US lobster ( in '000$ )
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Import/Export Trends
US is a net importer of lobster. The annual growth of US lobster in value between 2015 to 2019 was -7%, per annum, while annual growth in quantity was -28%, per annum.
US brought in 55,414 tonnes of lobster in 2019.
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The most expensive lobster
Pearl lobsters are widely considered to be some of the most expensive type of lobsters, way more more expensive compared to the price of maine lobsters. According to an analysis by Rene Anna Kim and Clancy Morgan at Business Insider, the price of wild-caught pearl lobsters was approximately $99 per kilogram as of January 2023. In comparison to Maine lobster, this price for the wild pearl was over 6 times more when compared to the price of Maine lobsters during the same period.
Which month is lobster cheapest in the US?
Lobster is generally cheapest in late spring to early summer (May to June) when lobster harvests peak in some regions. We particularly recommend May as the most appropriate month to buy lobster at a friendly price.
This period coincides with the lobster molting season. Lobsters are more active and easier to catch during this time.
Molting is the process where lobsters shed their old exoskeleton to grow a new, larger one.
How fresh is lobster by the time it’s delivered to customers?
The freshness level of lobster depends on where you buy it from. If you are going to buy your lobster from a supermarket or a typical grocery store, then the lobster may not be nearly as fresh compared to when you buy your lobster directly from a company that sources their fish directly from source. Such companies get fresh lobsters daily from the waters and hand select them for dispatch to customers.
Supermarkets and grocery stores, on the other hand, may have preserved the lobster for a couple of days by the time you place your order. But this does not mean that the lobster from supermarkets or grocery stores is not good. It's just that they may not be as fresh compared to those that arrive straight from the waters and into your kitchen on the same day.
Regardless of where you are going to buy your lobster from, remember to always check out the reviews and thoughts from especially the regular customers.
How is lobster packed for delivery to consumers?
A single lobster is typically placed in a mesh or breathable bag to keep it secure. This prevents movement and reduces stress during transport.
For example, Maine Lobster company Lobster Anywhere packs their lobster in rock seaweed or seawater soaked newspaper. This package is then put in a reusable Styrofoam cooler with ice cold gel packs before being shipped.
