What is the price of lobster per kilogram/pound in Singapore today?
The retail price range for Singapore lobster is between US$ 14.28 and US$ 61.90 per kilogram or between US$ 6.48 and US$ 28.07 per pound(lb). Click here to see today's exact prices of lobster in Singapore
The retail price range in Singapore Dollar for lobster is between SGD 19.21 and SGD 83.24 per kilogram or between SGD 8.71 and SGD 37.75 per pound(lb) in Singapore and Bishan.
Wholesale prices
In 2024, the approximate wholesale price range for Singapore lobster is between US$ 10.00 and US$ 43.33 per kilogram or between US$ 4.53 and US$ 19.65 per pound(lb).
Related: Kenya Lobster prices, South Africa Lobster prices, Malaysia Lobster prices, Philippines Lobster prices, India Lobster prices, United Arab Emirates (UAE) Lobster prices, Canada Lobster prices, US Lobster prices, Australia Lobster prices, New Zealand Lobster prices, Germany Lobster prices, Netherlands Lobster prices, Spain Lobster prices, United Kingdom (UK) Lobster prices,
Price Finder Tool
Search for prices of Singapore lobster and other products in different countries.
Singapore Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from Singapore has seen a steady increase over the last five years. In 2016, the price was 18.02 US dollars per kg, and by 2021, it had risen to 13.79 US dollars per kg. This represents an increase of 23.3% over the five-year period. The highest price was recorded in 2014, when the export price was 22.06 US dollars per kg. The lowest price was recorded in 2018, when the export price was 8.99 US dollars per kg. Based on the current trend, it is predicted that the export price of Lobster from Singapore will be 15.45 US dollars per kg in 2023 and 17.90 US dollars per kg in 2024.Singapore Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into Singapore over the last five years has been quite volatile. In 2017, the price was at its lowest at 11.62 US $ per kg, before rising to 13.79 US $ per kg in 2021. The highest price was recorded in 2014 at 22.06 US $ per kg. The price has been steadily decreasing since then, with the lowest price in 2018 at 8.99 US $ per kg. The price in 2019 and 2020 was 8.90 US $ per kg and 11.35 US $ per kg respectively. Based on the data, it is predicted that the import price per kilogram of Lobster into Singapore in 2023 will be 12.50 US $ per kg and in 2024 will be 13.00 US $ per kg.Export values for Singapore lobster
The total values in export for lobster in Singapore were US$ 8,254, US$ 7,474, US$ 5,378 and US$ 5,515 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Singapore: 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.
Singapore lobster - Production, Exports, Imports, Seasons and HS Codes
The quantity of lobster exported by Singapore in 2020 was 196 metric tons. In 2019 Singapore sold 620 tonnes of lobster. Across 2019 alone, the market for Singapore lobster (seafood category) has increased, with a change of 3.679 per cent compared to the year 2018. Between 2017 and 2019, lobster's exports went down by -3.58 pc bringing the country US$5.52m for the year 2019. Singapore'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)
- 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.", 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, 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, dried, salted, smoked or in brine, incl. in shell, cooked by steaming or by boiling in water (HS code 030691)
- 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)
- Lobsters "Homarus spp.", whether in shell or not, live, fresh or chilled (HS code 030632)
- 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)
- 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)
- 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)
Are you a producer of lobster or other products?
Sign up today for FREE to buy or sell lobster.
Singapore lobster export values
In 2019, Singapore supplied lobster costing 5.52m USD, an increment of 2.64% from 2018's total lobster export of 5.378m USD. The yearly change in value of Singapore lobster between 2017 to 2018 was -28.044 pc.
The annual/yearly change in the quantity of Singapore's lobster exports between 2017 and 2019 was -3.58% in comparison to a variation of 3.679% in the period between 2018 and 2019.
Singapore's share of the world's total lobster's exports in 2019 was less than 1%. Singapore is ranked number 50 in world exports of lobster.
Export markets for Singapore lobster ( in '000$ )
Import/Export Trends
Singapore is a net importer of lobster. The annual growth of Singapore lobster in value between 2015 to 2019 was -15%, per annum, while annual growth in quantity for the same period was -17%, per annum.
Singapore imported 1,671 tonnes of lobster in 2019.