What is the price of lobster per kilogram/pound in Canada today?
The retail price range for Canada lobster is between US$ 22.63 and US$ 30.04 per kilogram or between US$ 10.26 and US$ 13.63 per pound(lb). Click here to see today's exact prices of lobster in Canada
The retail price range in Canadian Dollar for lobster is between CAD 30.55 and CAD 40.55 per kilogram or between CAD 13.85 and CAD 18.39 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada lobster is between US$ 15.84 and US$ 21.03 per kilogram or between US$ 7.18 and US$ 9.54 per pound(lb).
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Canada Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from Canada over the last five years has seen a steady increase. In 2017, the price was 19.41 US$ per kg, and in 2021, it had risen to 26.7 US$ per kg. The highest price was seen in 2021, with a price of 26.7 US$ per kg, while the lowest price was seen in 2013, with a price of 17.74 US$ per kg. The price in 2020 was 18.5 US$ per kg, and in 2022, it was 21.78 US$ per kg. Based on this data, it is predicted that the export price per kilogram of Lobster from Canada in 2023 will be around 24.14 US$ per kg, and in 2024, it will be around 25.46 US$ per kg.Canada Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into Canada over the last five years has been relatively stable. In 2017, the price was 19.41 US dollars per kilogram, and in 2018, it increased slightly to 20.08 US dollars per kilogram. In 2019, the price dropped slightly to 20.03 US dollars per kilogram, and in 2020, it decreased further to 18.50 US dollars per kilogram. However, in 2021, the price increased significantly to 26.70 US dollars per kilogram, and in 2022, it decreased again to 21.78 US dollars per kilogram. Based on this trend, it is predicted that the import price per kilogram of Lobster into Canada in 2023 will be around 22.50 US dollars per kilogram, and in 2024, it will be around 23.00 US dollars per kilogram.Export values for Canada lobster
The total values in export for lobster in Canada were US$ 1,624,278, US$ 1,639,358, US$ 1,718,905 and US$ 1,953,306 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Canada: Sea Bass, Sea Bream, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & 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.
Canada lobster - Production, Exports, Imports, Seasons and HS Codes
The volume of lobster shipped by Canada in 2020 was 84,321 tons. In 2019 Canada exported 97,528 tonnes of lobster. In 2019 alone, the market for Canada lobster (seafood category) has climbed, changing by 13.907 percent compared to the year 2018. Between 2017 and 2019, lobster's exports went up by 15.48% bringing Canada US$1,953.31m for the year 2019. Canada's lobster exports are categorised as:
- 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)
- 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)
- 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)
- 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)
- Lobsters "Homarus spp.", whether in shell or not, live, fresh or chilled (HS code 030632)
- Lobster, prepared or preserved (excluding smoked) (HS code 160530)
- Lobster (HS code 0306Xd)
- 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)
- 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)
- 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", whether in shell or not, live, fresh or chilled (HS code 030634)
- 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)
- 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)
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Canada lobster export values
In 2019, Canada sold lobster valued at 1,953.31m USD, a surge of 13.64% from 2018's total lobster export of 1718.905m USD. The yearly growth in value of Canada lobster between 2017 to 2018 was 4.852 percent.
The annual/yearly change in the volume of Canada's lobster exports between 2017 and 2019 was 15.48 per cent when compared to a variation of 13.907% in the growth rate between 2018 and 2019.
Canada's stake of the world's total lobster's exports in 2019 was 1.2%. Canada holds position 12 in world exports of lobster.
Export markets for Canada lobster ( in '000$ )
Import/Export Trends
Canada is a net importer of lobster. The annual growth of Canada lobster in value between 2015 to 2019 was -3%, per year, while annual growth in quantity during the same period was -5%, per annum.
Canada ordered 25,960 tonnes of lobster in 2019.
Canadian lobster options
Canada lobster comes in three forms: live, frozen or prepared meat. The live and prepared options are the costliest, while frozen, which is available whole or in per-pound measure is the most accessible.
If you are after wild-caught live-in-shell lobsters, you may need to know that these weigh at least 700g per piece.
There are two types of these lobsters to select:
Wild caught hard shell lobster, which according to Royal Greenland, has firm red exoskeleton, delicate white meat and unique aroma. The hard shells thrive mainly in Newfoundland and Nova Scotia waters.
Wild caught soft shell lobster, on the other hand, has more tender meat than the hard-shelled one and is great for frozen cooking
When it comes to size, most customers prefer Atlantic “halves.” These come from the Atlantic coast of PEI and New Brunswick. Weighing 1.61 ib (680-793 grams) on average, these halves are easily the least costly per-pound pricing offers in the Canadian lobster market. There is also an even cheaper selection in “quarters” that average around 566 to 675 grams.