US wholesale prices for frozen, warm water and cold water lobster tails and meat remained sideways in week 1, 2025, according to Undercurrent News' assessment published on Tuesday (Dec. 31).

The market was generally in holiday mode for the last two weeks, and buying activity slowed as a result on warm water tails.

Most now focus on the new year and what demand will look like, which should drive the market. Smaller sizes appear to be more wanted, with expectations of being price-supportive with fully steady undertones. The market appears more balanced on 8 oz and 9 oz tails. Demand for larger sizes still lags, and sellers appear competitive for business.  

Coldwater tails

Demand has remained good in Q4 and with the new year comes the focus of Valentine's Day business. Product remains tight, and many continually maintain inventory positions that are the lightest in years entering the new year. This inventory has to last until the new season in May, so supply risk is a growing concern. Importers are again reporting that customers will be on allocation to regular business. 

There were no changes to price assessments week-to-week, given the abrupt period of trade over the last two weeks. 

Meat

Movement of meat has also been good. Processing is nearly non-existent at this time of year so the the market for meat is even tighter than tails. Offerings are short of current needs and this inventory also needs to last until the new season. With replacement even more of a challenge, the tone is firm. 

US imports 

Below, you can see the latest US imports for frozen lobster (top), frozen meat (second) and frozen Caribbean/spiny lobster (third).