Forecast: Import of Frozen Lobsters to the US

The forecast for the import of frozen lobsters to the US indicates a steady upward trend from 2024 to 2028, with values increasing from 599.76 million USD in 2024 to 654.29 million USD in 2028. This reflects consistent year-on-year growth, averaging around 2.2% annually. In 2023, the import value stood at an estimated 585 million USD, marking a strong recovery and growth trajectory post-pandemic disruptions.

Future trends to watch for include:

  • Potential impacts of environmental policies on lobster sourcing and importation dynamics.
  • Fluctuations in global demand driven by emerging markets and changes in consumer preferences for seafood.
  • Economic factors such as exchange rates and tariffs that could influence import costs and pricing.
  • Advancements in sustainable fishing practices potentially affecting the lobster supply chain.

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