GRP Vol. 87 Lobster Markets

November 2006
Author: Nicki Holmyard and Nicole Franz
Published by: FAO/GLOBEFISH, Rome, Italy
Published in: November 2006
No. of pages: 92

Volume 87 looks at the world lobster market for the four main commercial species: European lobster (Homarus gammarus), American lobster (Homarus americanus), rock lobster (Jasus sp) and tropical or spiny lobster (Panulirus sp). The global trade in lobster has grown steadily over the last decade, with both exports and imports increasing. World lobster exports rose from $1.1 billion in 1991 to $2.19 billion in 2004, due to increased sales of frozen and fresh/chilled products. Canada was the major exporter of live lobster products with sales worth $370 million in 2004, followed by the United Kingdom with $31.1 million, Belgium with $16.4 million, and The Netherlands with $8.3 million.

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