What is the price of lobster per kilogram/pound in Egypt today?
The retail price range for Egypt lobster is between US$ 5.87 and US$ 9.78 per kilogram or between US$ 2.66 and US$ 4.44 per pound(lb). Click here to see today's exact prices of lobster in Egypt
The retail price range in Egyptian Pound for lobster is between EGP 183.45 and EGP 305.75 per kilogram or between EGP 83.20 and EGP 138.66 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt lobster is between US$ 4.11 and US$ 6.85 per kilogram or between US$ 1.86 and US$ 3.11 per pound(lb).
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Egypt Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from Egypt has seen a significant increase over the last five years. In 2016, the price was 17.69 US $ per kg, and in 2021, it was 25.33 US $ per kg. This represents an increase of 43.3%. The highest price was seen in 2012, when it was 32.00 US $ per kg. The lowest price was seen in 2013, when it was 3.44 US $ per kg. The price in 2020 was 18.31 US $ per kg, and in 2021, it was 25.33 US $ per kg. This represents an increase of 38.3%. Based on this trend, it is likely that the price of Lobster from Egypt will continue to increase in the coming years, and it is predicted that the price in 2023 will be around 28.00 US $ per kg, and in 2024, it will be around 31.00 US $ per kg.Egypt Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into Egypt over the last five years has been quite volatile. In 2016, the price was 17.69 US dollars per kg, followed by a sharp drop to 14.24 US dollars per kg in 2017. In 2018, the price rose to 20.84 US dollars per kg, before dropping again to 18.31 US dollars per kg in 2020. The most recent year, 2021, saw a significant increase to 25.33 US dollars per kg. Based on this data, it is likely that the import price of Lobster into Egypt will remain relatively high in the coming years. We can predict that the price in 2023 will be around 24.00 US dollars per kg, and in 2024 it will be around 26.00 US dollars per kg.Export values for Egypt lobster
The total values in export for lobster in Egypt were US$ 789, US$ 1,449, US$ 2,287 and US$ 2,707 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Egypt: Sea Bass, Sea Bream, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of lobster in other countries across Africa: Algeria lobster, Angola lobster, Botswana lobster, Burundi lobster, Cameroon lobster, Cape Verde lobster, Central African Republic lobster, Comoros lobster, DRC Congo lobster & Benin lobster.
Egypt lobster - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt sold 8,160 tonnes of lobster. Across 2019 alone, the interest in Egypt lobster (seafood category) has climbed, changing by 725.911 % compared to the year 2018. Between 2017 and 2019, lobster's exports increased by 3767.3 pc earning the exporter US$2.71m for the year 2019. Egypt's lobster exports are classified 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 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.", 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)
- Norway lobsters "Nephrops norvegicus", whether in shell or not, live, fresh or chilled (HS code 030634)
- 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)
- 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)
- 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 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.", whether in shell or not, live, fresh or chilled (HS code 030631)
- Lobster, prepared or preserved (excluding smoked) (HS code 160530)
- Lobsters "Homarus spp.", whether in shell or not, live, fresh or chilled (HS code 030632)
- 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)
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Egypt lobster export values
In 2019, Egypt sold lobster worth 2.71m USD, an improvement of 18.50% from 2018's total lobster export of 2.287m USD. The yearly change in value of Egypt lobster between 2017 to 2018 was 57.833 percent.
The annual/yearly variation in the amount of Egypt's lobster exports between 2017 and 2019 was 3767.3 pc when compared to a variation of 725.911% in the growth rate between 2018 and 2019.
Export markets for Egypt lobster ( in '000$ )
Egypt purchased 77 tonnes of lobster in 2019.