ANALYSIS: April Lobster Imports Sharply Lower - Seventh Straight Month of Lower Shipments
The flow of lobster products into the U.S. continues to decline. The April loss extends the trend of year-over-year declines to seven-straight months. April 2019 imports of 4.413 million pounds were 18.6 percent lower when compared last year’s figure of 5.423 million pounds. Year-to-date figures show a 21.1 percent or 6.339-million-pound shortfall.
Imports from Canada are down 25.6 percent in the month and 24.3 percent through four months. The ongoing trade war with China...
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