What is the price of lobster per kilogram/pound in India today?
The retail price range for India lobster is between US$ 7.86 and US$ 17.69 per kilogram or between US$ 3.57 and US$ 8.02 per pound(lb). Click here to see today's exact prices of lobster in India
The retail price range in Indian Rupee for lobster is between INR 651.53 and INR 1,465.95 per kilogram or between INR 295.48 and INR 664.83 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India lobster is between US$ 5.50 and US$ 12.39 per kilogram or between US$ 2.50 and US$ 5.62 per pound(lb).
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India Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from India over the last five years has been quite volatile. In 2017, the price was 14.63 US$/kg, followed by a sharp increase to 16.29 US$/kg in 2018. The price then remained relatively stable at 16.45 US$/kg in 2019 and 14.63 US$/kg in 2020. 2021 saw a slight increase to 15.82 US$/kg. Based on this data, it is likely that the export price of Lobster from India will remain around 15.82 US$/kg in 2023 and 2024.India Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into India over the last five years has been quite volatile. In 2017, the price was 14.63 US dollars per kg, which increased to 16.29 US dollars per kg in 2018. This was followed by a slight increase to 16.45 US dollars per kg in 2019. However, the price dropped to 14.63 US dollars per kg in 2020 and then increased to 15.82 US dollars per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Lobster into India in 2023 will be 16.45 US dollars per kg and in 2024 will be 17.64 US dollars per kg.Export values for India lobster
The total values in export for lobster in India were US$ 27,681, US$ 37,138, US$ 34,930 and US$ 31,451 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in India: 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.
India lobster - Production, Exports, Imports, Seasons and HS Codes
In 2019 India sold 1,912 tonnes of lobster. In 2019 alone, the interest in India lobster (seafood category) has reduced, changing by -10.821 per cent compared to the year 2018. Between 2017 and 2019, lobster's exports went down by -23.64 percent bringing India US$31.45m for the year 2019. India's lobster exports are categorised as:
- 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)
- 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)
- 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)
- Norway lobsters "Nephrops norvegicus", whether in shell or not, live, fresh or chilled (HS code 030634)
- 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)
- Lobsters "Homarus spp.", whether in shell or not, live, fresh or chilled (HS code 030632)
- 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)
- 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.", 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)
- 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)
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India lobster export values
In 2019, India supplied lobster worth 31.45m USD, a reduction of -9.96% from 2018's total lobster export of 34.93m USD. The annual reduction in value of India lobster between 2017 to 2018 was -5.945 pc.
The yearly change in the amount of India's lobster exports between 2017 and 2019 was -23.64 per cent when compared to a variation of -10.821% in the growth rate between 2018 and 2019.
Export markets for India lobster ( in '000$ )
India brought in 1,912 tonnes of lobster in 2019.