The forecast for frozen lobster imports to Canada shows a steady increase from 2024 to 2028, with the value projected to rise from $21.254 million to $24.0 million. In 2023, actual imports stood at a lower value, indicating a positive growth outlook for the coming years. Year-on-year growth rates are relatively consistent, emphasizing a healthy market demand.
Key future trends to watch include shifts in global seafood demand, changes in trade policies, and the impact of environmental factors on lobster supply. These could influence import levels and market dynamics in the longer term.
