In 2023, Canada's lobster production was significantly contributed by Regions 33 and 34, with 22% of the total production. However, the market experienced price fluctuations due to various factors. The price per pound fell in northern Nova Scotia and Prince Edward Island due to increased production and low demand, reaching a low of C$6.50 per pound. Conversely, prices in Maine increased due to low supply, reaching $7.30 per pound. Canadian wholesale quotations for 1.25-pound lobsters shipped to Shanghai in week 47 saw a slight decrease of about 2% from the previous month.