What is the price of lobster per kilogram/pound in Vietnam today?
The retail price range for Vietnam lobster is between US$ 25.23 and US$ 29.57 per kilogram or between US$ 11.44 and US$ 13.41 per pound(lb). Click here to see today's exact prices of lobster in Vietnam
The retail price range in Dong for lobster is between VND 630,860.70 and VND 739,274.93 per kilogram or between VND 286,104.63 and VND 335,272.07 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam lobster is between US$ 17.66 and US$ 20.70 per kilogram or between US$ 8.01 and US$ 9.39 per pound(lb).
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Vietnam Lobster Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lobster from Vietnam has seen a steady increase over the last five years. In 2016, the price was 22.44 US dollars per kilogram, and in 2020, it had risen to 28.84 US dollars per kilogram. This represents an increase of 28.3% over the five-year period. Looking ahead, we can expect the export price of Lobster from Vietnam to continue to rise, with an estimated price of 33.45 US dollars per kilogram in 2023 and 37.06 US dollars per kilogram in 2024.Vietnam Lobster Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lobster into Vietnam has been quite volatile over the past five years. In 2015, the price was at its highest at $23.50, before dropping to $17.89 in 2017. Since then, the price has been steadily increasing, reaching $22.26 in 2019 and $28.84 in 2020. This suggests that the import price of Lobster into Vietnam is likely to continue to rise in the coming years. Based on this trend, it is predicted that the import price of Lobster into Vietnam will be $31.45 in 2023 and $35.17 in 2024.Export values for Vietnam lobster
The total values in export for lobster in Vietnam were US$ 7,631, US$ 6,600, US$ 7,092 and US$ 25,015 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Vietnam: 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.
Vietnam lobster - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 1,124 tonnes of lobster. For 2019 alone, the demand for Vietnam lobster (seafood category) has climbed, changing by 233.531 % compared to the year 2018. Between 2017 and 2019, lobster's exports went up by 204.61 pc bringing the exporter US$25.02m for the year 2019. Vietnam's lobster exports are classified as:
- 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.", 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)
- 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)
- 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)
- 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, dried, salted, smoked or in brine, incl. lobsters in shell, cooked by steaming or by boiling in water (HS code 030694)
- Norway lobsters "Nephrops norvegicus", whether in shell or not, live, fresh or chilled (HS code 030634)
- Lobster, prepared or preserved (excluding smoked) (HS code 160530)
- 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)
- 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", 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, live, fresh or chilled (HS code 030632)
- Lobster (HS code 0306Xd)
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Vietnam lobster export values
In 2019, Vietnam exported lobster valued at 25.02m USD, an increment of 252.79% from 2018's total lobster export of 7.092m USD. The yearly change in value of Vietnam lobster between 2017 to 2018 was 7.455 percent.
The per year change in the amount of Vietnam's lobster exports between 2017 and 2019 was 204.61% in comparison to a variation of 233.531% in the period between 2018 and 2019.
Vietnam's stake of the world's total lobster's exports in 2019 was less than 1%. Vietnam is ranked position 46 in world exports of lobster.
Export markets for Vietnam lobster ( in '000$ )
Import/Export Trends
Vietnam is a net importer of lobster. The annual growth of Vietnam lobster in value between 2015 to 2019 was 8%, per annum, while annual growth in quantity was 7%, per annum.
Vietnam ordered 823 tonnes of lobster in 2019.