What is the price of lobster per kilogram/pound in Indonesia today?
The retail price range for Indonesia lobster is between US$ 23.81 and US$ 30.48 per kilogram or between US$ 10.80 and US$ 13.82 per pound(lb). Click here to see today's exact prices of lobster in Indonesia
The retail price range in Rupiah for lobster is between IDR 396,875.00 and IDR 508,000.00 per kilogram or between IDR 179,988.66 and IDR 230,385.49 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia lobster is between US$ 16.67 and US$ 21.34 per kilogram or between US$ 7.56 and US$ 9.68 per pound(lb).
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Indonesia Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from Indonesia over the last five years has seen a steady increase. In 2017, the price was 10.41 US $ per kg, and by 2021, it had risen to 14.42 US $ per kg. The highest price was recorded in 2020, when it reached 35.38 US $ per kg. This was followed by a sharp decrease in 2021 to 14.42 US $ per kg. The current price of 17.48 US $ per kg is still higher than the 2017 price. Based on this trend, it is likely that the export price per kilogram of Lobster from Indonesia in 2023 and 2024 will be around 18.50 US $ and 20.50 US $ respectively.Indonesia Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into Indonesia has seen a significant fluctuation over the past five years. In 2016, the price was 11.39 US dollars per kg, which decreased to 10.41 US dollars per kg in 2017. However, the price increased to 15.26 US dollars per kg in 2018 and further to 20.34 US dollars per kg in 2019. The highest price was recorded in 2020, at 35.38 US dollars per kg. The price dropped to 14.42 US dollars per kg in 2021 and then increased to 17.48 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Lobster into Indonesia will be around 19.50 US dollars per kg in 2023 and 21.50 US dollars per kg in 2024.Export values for Indonesia lobster
The total values in export for lobster in Indonesia were US$ 38,022, US$ 22,560, US$ 29,904 and US$ 33,342 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Indonesia: 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.
Indonesia lobster - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia exported 1,639 tonnes of lobster. For the year 2019 alone, the interest in Indonesia lobster (seafood category) has gone down, with a change of -16.335 % compared to the year 2018. Between 2017 and 2019, lobster's exports reduced by -24.33 percent earning the country US$33.34m for the year 2019. Indonesia's lobster exports are classified as:
- 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, 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)
- 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 (HS code 0306Xd)
- Lobsters "Homarus spp.", whether in shell or not, live, fresh or chilled (HS code 030632)
- 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)
- 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)
- 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)
- Norway lobsters "Nephrops norvegicus", whether in shell or not, live, fresh or chilled (HS code 030634)
- 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", 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)
- Lobster, prepared or preserved (excluding smoked) (HS code 160530)
- 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)
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Indonesia lobster export values
In 2019, Indonesia exported lobster valued at 33.34m USD, a growth of 11.49% from 2018's total lobster export of 29.904m USD. The annual increase in value of Indonesia lobster between 2017 to 2018 was 32.553 per cent.
The annual variation in the amount of Indonesia's lobster exports between 2017 and 2019 was -24.33 pc when compared to a variation of -16.335% in the growth rate between 2018 and 2019.
Indonesia's portion of the world's total lobster's exports in 2019 was less than 1%. Indonesia is ranked number 64 in world exports of lobster.
Export markets for Indonesia lobster ( in '000$ )
Import/Export Trends
Indonesia is a net importer of lobster. The annual growth of Indonesia lobster in value between 2015 to 2019 was 293%, per year, while annual growth in quantity during the same period was 34%, per annum.
Indonesia bought 17 tonnes of lobster in 2019.