What is the price of lobster per kilogram/pound in Australia today?
The retail price range for Australia lobster is between US$ 50.56 and US$ 88.48 per kilogram or between US$ 22.93 and US$ 40.13 per pound(lb). Click here to see today's exact prices of lobster in Australia
The retail price range in Australian Dollar for lobster is between AUD 76.05 and AUD 133.10 per kilogram or between AUD 34.49 and AUD 60.36 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia lobster is between US$ 35.39 and US$ 61.93 per kilogram or between US$ 16.05 and US$ 28.09 per pound(lb).
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Australia Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from Australia over the last five years has seen a steady decline. In 2017, the price was 59.30 US dollars per kg, and in 2021, it had dropped to 40.15 US dollars per kg. The lowest price was recorded in 2020, at 50.37 US dollars per kg. Looking ahead, we predict that the export price of Lobster from Australia will remain relatively stable, with a slight decrease in 2023 to 38.28 US dollars per kg, and a further decrease in 2024 to 36.41 US dollars per kg.Australia Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into Australia over the last five years has been relatively stable. In 2017, the price was 59.30 US dollars per kg, followed by 64.02 US dollars per kg in 2018. In 2019, the price dropped to 59.64 US dollars per kg, and then decreased further to 50.37 US dollars per kg in 2020. The price then dropped to 40.15 US dollars per kg in 2021, and 38.28 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Lobster into Australia in 2023 will be around 33.02 US dollars per kg, and in 2024 will be around 28.76 US dollars per kg.Export values for Australia lobster
The total values in export for lobster in Australia were US$ 544,808, US$ 537,351, US$ 578,610 and US$ 542,002 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Australia: Sea Bass, Sea Bream, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of lobster in other countries across Oceania: Fiji lobster, French Polynesia lobster, Guam lobster, Micronesia lobster, New Caledonia lobster, Papua New Guinea lobster, Samoa lobster, Solomon Islands lobster, Tonga lobster & Vanuatu lobster.
Australia lobster - Production, Exports, Imports, Seasons and HS Codes
The quantity of lobster shipped by Australia in 2020 was 6,675 tonnes. In 2019 Australia sold 9,088 tonnes of lobster. Through 2019 alone, the interest in Australia lobster (seafood category) has improved, flactuating by 0.55321974 per cent compared to the year 2018. Between 2017 and 2019, lobster's exports went up by 0.29% earning the exporter US$542.00m for the year 2019. Australia's lobster exports are categorised as:
- 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 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)
- 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)
- 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)
- 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.", 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.", 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)
- Lobster (HS code 0306Xd)
- Lobster, prepared or preserved (excluding smoked) (HS code 160530)
- 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)
- 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)
- 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)
- Norway lobsters "Nephrops norvegicus", whether in shell or not, live, fresh or chilled (HS code 030634)
- Lobsters "Homarus spp.", whether in shell or not, live, fresh or chilled (HS code 030632)
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Australia lobster export values
In 2019, Australia supplied lobster costing 542.00m USD, a contraction of -6.33% from 2018's total lobster export of 578.61m USD. The annual change in value of Australia lobster between 2017 to 2018 was 7.678%.
The per year change in the amount of Australia's lobster exports between 2017 and 2019 was 0.29 percent compared to a variation of 0.55321974% in the period between 2018 and 2019.
Australia's stake of the world's total lobster's exports in 2019 was less than 1%. Australia holds number 33 in world exports of lobster.
Export markets for Australia lobster ( in '000$ )
Import/Export Trends
Australia is a net importer of lobster. The annual growth of Australia lobster in value between 2015 to 2019 was 37%, per annum, while annual growth in quantity was 62%, per annum.
Australia procured 1,011 tonnes of lobster in 2019.
Rock lobster available most of the year!
If rock lobster is your fare, you will be happy to know that this crustacean is available most of the year in the Land Down Under. The caveat is that the best live specimens among these crawfish will leave a hole in your pocket of at least A$80 (U$51.5) per kg. This goes for frozen lobster, as live lobster averages A$76.50 per 900 grams.
It may seem a bit expensive at above US$50 a kilo but it is official that the seafood had its heyday in 2018 when Australia exported US$750 million. Then, it was not hard to land a plate with a lobster costing above A$80 a kg. Because of the lucrative import price of A$100 a kilo of this crustacean to China in 2018, most harvests went into exports, making home remainders expensive. In 2020, the retail prices fell to their lowest amid the pandemic only to pick up in 2022 to date.
Popular lobster in Australia
If you were to choose the best rock lobster in Australia, here are the four top marine species:
1. Western Rock Lobster
Current price: A$80 to A$129.9 (US$51.18-83.11) per kg
Scientifically known as Panulirus cygnus, this is an ocean and farmed species that thrives on the marine coasts of western Australia. It is colourful, vivacious and a creature of temperate waters. As one of the most fished rock lobsters in Australia, there is a limit for only catching those under 3 kg, though the species matures to 5 kg total weight. The fishing season for these spiny lobsters occurs after winter spawning over.
2. Tropical Rock Lobster
Current price: starts from A$81 (US$51.83) per kg
Though not as glossy-looking as the western rock lobster, the Panulirus ornatus species boasts the widest distribution in Australian waters. The crawfish inhabit muddy seas and shallow waters that are less than 50 metres deep. They are relatively large at more than 1.5 kg when mature. Thanks to their amazing texture and great taste, they come as some of the more expensive lobsters for their size.
3. Eastern Rock Lobster
Current price: A$87.5 (US$55.97) and above
Huge and monstruous, the Eastern rock lobster (Sagmariasus verreauxi) have a widespread habitat that stretches from New South Wales-Queensland marine shores to Tasmania. They inhabit plankton seas where they can hide in the weed. They are large, with each specimen weighing 8 kg. They reach 26 cm long or 1 metre when including their antennae and carapace.
4. Southern Rock Lobster
Current price: From A$88.99 (US$56.94) to A$139.99 (US$89.57) per kg
Also known as Tasmanian southern rock lobster, Jasus edwardsii measure 23 cm including their peripheries such as carapace. They are ornate-looking, with a scarlet-purplish tint that can brighten to orange and yellow depending on habitat. The species thrives on molluscs and other crustaceans.