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Malaysia Lobster Industry Outlook 2022 - 2026

See how Malaysia Lobster performed compared to key markets such as the United States, China and South Korea.

Key Market Indicators

Malaysian lobster imports are projected to reach around 738,000 kilograms by 2026, growing by 4% a year on average. Since 1994, demand has jumped by almost 40%. In 2021, Malaysia was the 12th biggest importer, behind Singapore's 578,000 kilograms. China, South Korea and Italy followed, in that order. On the other hand, exports are expected to decrease by 1% a year, with a total of 1.1 million kilograms by 2026. Since 1994, Malaysian supply has decreased by 25%. In 2021, Belgium overtook Malaysia as the top exporter, with 1.2 million kilograms. The United States, the United Kingdom and the Philippines followed, in that order.

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