The import of prepared or preserved lobster into the UAE is forecasted to show a steady decline from 616.83 thousand USD in 2024 to 575.26 thousand USD in 2028. The year-on-year percentage variations indicate a consistent drop:
-2024-2025: -1.74%
-2025-2026: -1.73%
-2026-2027: -1.73%
-2027-2028: -1.72%
The compound annual growth rate (CAGR) over the last five years is -1.74%, illustrating a gentle but continuous decrease in value.
Future trends to watch for include potential changes in global seafood supply chains, the impact of fisheries regulations, and evolving consumer preferences towards sustainable and locally sourced seafood options, which could further influence the import market in the UAE.
