Canadian Lobster Production Declines, Prices Soar

Published Jul 22, 2025

Tridge summary

Key Insight: On July 18, 2025, the spring fishing season officially concluded. According to preliminary industry assessments, Canada's total lobster production this year is expected to decrease by approximately 10% to 15% compared to last year. Although the decline has not reached a catastrophic level, the tight supply has already triggered significant price fluctuations. Dock prices in major production areas have risen 25% to 45% from the start of the season, with some regions exceeding 9 Canadian dollars per pound, marking a new multi-year high.

Original content

Three Major Production Regions Show Divergent Trends Weather Becomes Key Variable Canada has 40 lobster fishing areas, with 32 open during the spring season. Behind the declining production, regional performance varies significantly. Newfoundland's production dropped sharply by 26% year-on-year, becoming this year's "hardest-hit area". "Our production had been steadily rising in past years, even breaking 10,000 tons last year, but this year's decline caught many by surprise," Nat Richard, executive director of the Canadian Lobster Processors Association, candidly stated. Weather is considered the primary reason for Newfoundland's production decline. Stewart Lamont, general manager of Tangier Lobster, said: "Since mid-April, the Atlantic coastal weather has been extremely harsh, with frequent waves and winds, making it impossible for fishermen to go out to sea, especially in Newfoundland, where this spring has been one of the most challenging in the past thirty years." Nova Scotia ...

Source: Foodmate