The US imports of live, fresh, or chilled rock lobster and other sea crawfish are projected to increase from $5.31 million in 2024 to $7.35 million in 2028. This reflects a consistent upward trend in imports, averaging a compound annual growth rate (CAGR) of approximately 8.5% from 2024 to 2028. The year-on-year growth rate gradually increases, highlighting an expanding demand in the US market which was valued at approximately $5 million in 2023.

Future trends to watch for:

Sustainability concerns and regulations impacting supply chains.
Potential shifts in consumer preferences towards sustainably sourced seafood.
Exchange rate fluctuations influencing import costs.
Technological advancements in transport and storage enhancing product availability and freshness.