Yes, the LOBs themselves are tiny, but there are a lot of them (~150 million) which seem to be slowing down pg_dump. Note, we did not design/build this system and agree that use of LOBs for this purpose was not necessary.
We've inherited a series of legacy PG 12 clusters that each contain a database that we need to migrate to a PG 15 cluster. Each database contains about 150 million large objects totaling about 250GB.