The import of prepared or preserved lobster to Mexico has shown significant growth from 2013 to 2023, rising from 308 kilograms to 3170 kilograms. The year-on-year variation indicates substantial fluctuations, with notable growth peaks in 2014 (624.68%) and a decline in 2015 (-11.29%). The most recent years before 2024 show a steady increase, with 11.09% growth in 2021 followed by 5.11% in 2022 and 4.79% in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at 5.57%.
Looking forward, the forecast for 2024 onward suggests continued growth, with a forecasted CAGR of 3.09% over the next five years, indicating a projected 16.41% increase by 2028.
Future trends to watch for include potential changes in global trade policies, consumer demand shifts towards sustainable seafood, and the impact of economic fluctuations in Mexico on import volumes.
