What is the price of lobster per kilogram/pound in South Africa today?
The retail price range for South Africa lobster is between US$ 31.11 and US$ 46.67 per kilogram or between US$ 14.11 and US$ 21.17 per pound(lb). Click here to see today's exact prices of lobster in South Africa
The retail price range in Rand for lobster is between ZAR 604.50 and ZAR 906.75 per kilogram or between ZAR 274.15 and ZAR 411.22 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa lobster is between US$ 21.78 and US$ 32.67 per kilogram or between US$ 9.88 and US$ 14.82 per pound(lb).
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South Africa Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from South Africa over the last five years has been quite volatile. In 2017, the price was 34.37 US$ per kg, which was the lowest in the last five years. In 2021, the price was 42.65 US$ per kg, which was the highest in the last five years. In 2020, the price was 35.02 US$ per kg, which was the second lowest in the last five years. In 2019, the price was 39.68 US$ per kg, which was the second highest in the last five years. In 2018, the price was 33.61 US$ per kg. Based on the data, it is predicted that the export price per kilogram of Lobster from South Africa in 2023 will be around 44.00 US$ per kg and in 2024 will be around 49.00 US$ per kg.South Africa Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into South Africa over the last five years has been quite volatile. In 2011, the price was 37.44 US dollars per kg, which dropped to 34.52 US dollars per kg in 2012. The price then rose to 36.00 US dollars per kg in 2013, before increasing to 41.47 US dollars per kg in 2014. In 2015, the price dropped to 38.06 US dollars per kg, before further decreasing to 36.34 US dollars per kg in 2016. The price then dropped to 34.37 US dollars per kg in 2017, before further decreasing to 33.61 US dollars per kg in 2018. In 2019, the price rose to 39.68 US dollars per kg, before dropping to 35.02 US dollars per kg in 2020. The price then increased to 42.65 US dollars per kg in 2021, before rising to 47.89 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Lobster into South Africa in 2023 will be around 51.13 US dollars per kg, and in 2024 it will be around 54.37 US dollars per kg.Export values for South Africa lobster
The total values in export for lobster in South Africa were US$ 58,689, US$ 62,100, US$ 56,530 and US$ 55,270 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in South Africa: 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.
South Africa lobster - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa sold 241,444 tonnes of lobster. Through 2019 alone, the market for South Africa lobster (seafood category) has reduced, flactuating by -1.117 percent compared to the year 2018. Between 2017 and 2019, lobster's exports decreased by -5.08 percent earning the country US$55.27m for the year 2019. South Africa's lobster exports are classified as:
- 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)
- 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)
- 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)
- 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)
- 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)
- 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, dried, salted, smoked or in brine, incl. lobsters in shell, cooked by steaming or by boiling in water (HS code 030694)
- 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 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)
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South Africa lobster export values
In 2019, South Africa sold lobster with a value of 55.27m USD, a drop of -2.23% from 2018's total lobster export of 56.53m USD. The annual reduction in value of South Africa lobster between 2017 to 2018 was -8.969%.
The annual variation in the amount of South Africa's lobster exports between 2017 and 2019 was -5.08 pc compared to a variation of -1.117% in the period between 2018 and 2019.
South Africa's share of the world's total lobster's exports in 2019 was less than 1%. The country holds position 39 in world exports of lobster.
Export markets for South Africa lobster ( in '000$ )
Import/Export Trends
South Africa is a net importer of lobster. The annual growth of South Africa lobster in value between 2015 to 2019 was -7%, per annum, while annual growth in quantity for the same period was -17%, per annum.
South Africa ordered 159 tonnes of lobster in 2019.