ChinaTips

12 Oct 2020

ChinaTip #0507

Boston lobster has become the most popular imported aquatic product during the Mid-Autumn Festival and National Day in China.

According to Shanghai Jiangyang Aquatic Products Wholesale Market, since June, the sales volume of Boston lobster is the highest among all other imported seafood. The daily wholesale volume of Boston lobster has reached more than 60 tons, a year-on-year increase of 1/3. According to market analysts, the reason why Boston lobster’s consumption becomes popular is largely related to its price: 300RMB per piece. Australian lobster is about 600-1,000RMB per piece and the price of one king crab is 500-700RMB.

The daily sales volume of Boston lobster in this market is significantly higher than that of Australian lobster and King Crab. Australian lobster’s current daily sales are around 50 tons, which represents 80% of the sales in the same period of the last year, the king crab sales are about 48 tons that is 90% of the sales in the same period of the last year.

Shanghai Jiangyang Aquatic Products Market is currently China’s largest wholesale market for imported aquatic products and it is also China’s largest high-end aquatic product distribution center. Its sales of imported high-end aquatic products rank first in China. The daily amount value of aquatic products in the market reaches between 300-500 million RMB. The imported aquatic products sold include Australian lobster, king crab, bread crab, Boston lobster, eastern star grouper and more than 100 other varieties.

Categorías: Shellfish

Tags: king crab, Boston lobster, Australian lobster, Shanghai Jiangyang Aquatic Products Market

 

This post was written by: Lily - Senior Analyst

Lily - Senior Analyst

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