The re-import of fresh or chilled lobsters to Canada is anticipated to grow steadily from 2024 to 2028, with values from 64.52 to 75.09 thousand kilograms respectively. The year-on-year growth rates, reflecting the trend, fluctuate between 4% and 3.5%, confirming a consistent upward trajectory. In 2023, the re-import volume stood lower, and by projecting forward, we see an average compound annual growth rate (CAGR) of approximately 3.9% from the actual figure to 2028. This signals a positive outlook for the Canadian lobster industry in terms of re-import demand.

Future trends to monitor include:

Changes in global seafood demand that may affect import volumes.
Impacts of potential trade agreements on import patterns.
Environmental regulations that could influence the sourcing and sustainability of lobster re-imports.
Technological advancements in supply chain management that could enhance efficiency.