In 2023, the US imported approximately 16.4 million kilograms of frozen lobsters. From 2024 to 2028, a steady upward trend is forecasted with imports rising annually. Year-on-year variations show a consistent increase of around 1% annually, indicating stable demand. The compounded annual growth rate (CAGR) over this period suggests an average yearly growth of around 0.9%.

Future Trends to Watch:

Monitor any potential regulatory changes affecting seafood trade.
Consider economic factors such as inflation impacting purchasing power.
Watch for environmental changes impacting supply, such as climate or ecological shifts.