The re-import of frozen lobsters to Canada shows a steady upward trend, with forecasted values rising from $13.009 million in 2024 to $14.14 million in 2028. This reflects a consistent growth trajectory with year-on-year increases of around 2.2% to 2.5%. As of 2023, the actual value was lower, indicating a positive growth forecast for the coming years.
Future trends to watch for include:
- Changes in global lobster demand and supply dynamics.
- Potential impacts of climate change on lobster populations.
- Fluctuations in trade policies and tariffs affecting imports.
