The re-import of frozen lobsters to Canada shows a steady increase from 2024 to 2028, with the volume projected to grow from 409.08 thousand kilograms in 2024 to 426.55 thousand kilograms in 2028. Compared to 2023, this marks a positive trajectory in the demand for re-imported lobsters in Canada. The year-on-year growth averages around 1% as observed from the forecasted data, indicating a consistent yet moderate climb. Over the five-year period, the Compound Annual Growth Rate (CAGR) reflects a similar modest upward trend.
Future trends to watch for include potential changes in global lobster supply due to environmental changes, international trade policies, and consumer preference shifts towards sustainable seafood. These factors could influence re-import figures, either stimulating further growth or curbing the trend observed.
