What is the price of lobster per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong lobster is between US$ 15.93 and US$ 18.03 per kilogram or between US$ 7.22 and US$ 8.18 per pound(lb). Click here to see today's exact prices of lobster in Hong Kong
The retail price range in Hong Kong Dollar for lobster is between HKD 124.47 and HKD 140.91 per kilogram or between HKD 56.45 and HKD 63.91 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong lobster is between US$ 11.15 and US$ 12.62 per kilogram or between US$ 5.06 and US$ 5.72 per pound(lb).
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Hong Kong Lobster Export Prices - Historical, Trends and Prediction
The export price of Lobster from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $14.90, which increased to $15.20 in 2019. In 2020, the price rose to $15.50, and in 2021, it further increased to $15.90. The highest export price per kilogram was recorded in 2022, at $16.30. Looking ahead, it is likely that the export price of Lobster from Hong Kong will continue to increase in the coming years. However, it is difficult to predict the exact prices for 2023 and 2024.Hong Kong Lobster Import Prices - Historical, Trends and Prediction
The import price of Lobster into Hong Kong has seen a steady increase over the past five years. In 2018, the price per kilogram was $7.90, which increased to $8.20 in 2019. In 2020, the price rose to $8.50, and in 2021 it further increased to $8.90. The most recent data shows that the import price of Lobster into Hong Kong in 2022 was $9.30 per kilogram. Overall, the import price of Lobster into Hong Kong has seen a steady increase of $0.40 per kilogram over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price of Lobster into Hong Kong in 2023 will be around $9.70 per kilogram, and in 2024 it will be around $10.10 per kilogram.Export values for Hong Kong lobster
The total values in export for lobster in Hong Kong were US$ 13,781, US$ 13,092, US$ 19,431 and US$ 18,072 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Hong Kong: Sea Bass, Sea Bream, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of lobster in other countries across Asia: Kazakhstan lobster, Kyrgyzstan lobster, Tajikistan lobster, Turkmenistan lobster, Uzbekistan lobster, China lobster, Hong Kong lobster, Macao lobster, North Korea lobster & Mongolia lobster.
Hong Kong lobster - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong exported 963 tonnes of lobster. In 2019 alone, the market for Hong Kong lobster (seafood category) has gone down, flactuating by -17.833 per cent compared to the year 2018. Between 2017 and 2019, lobster's exports grew by 51.65 percent bringing the nation US$18.07m for the year 2019. Hong Kong'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)
- 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)
- Lobsters "Homarus spp.", whether in shell or not, live, fresh or chilled (HS code 030632)
- 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)
- Lobster, prepared or preserved (excluding smoked) (HS code 160530)
- 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 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)
- 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 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)
- Lobster (HS code 0306Xd)
- 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)
- 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)
- Norway lobsters "Nephrops norvegicus", whether in shell or not, live, fresh or chilled (HS code 030634)
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Hong Kong lobster export values
In 2019, Hong Kong supplied lobster valued at 18.07m USD, a contraction of -7.00% from 2018's total lobster export of 19.431m USD. The annual reduction in value of Hong Kong lobster between 2017 to 2018 was 48.419 percent.
The yearly variation in the volume of Hong Kong's lobster exports between 2017 and 2019 was 51.65 per cent compared to a variation of -17.833% in the period between 2018 and 2019.
Hong Kong's stake of the world's total lobster's exports in 2019 was less than 1%. The country holds number 35 in world exports of lobster.
Export markets for Hong Kong lobster ( in '000$ )
Import/Export Trends
Hong Kong is a net importer of lobster. The annual growth of Hong Kong lobster in value between 2015 to 2019 was 11%, per annum, while annual growth in quantity during the same period was 2%, per annum.
Hong Kong brought in 6,562 tonnes of lobster in 2019.