The U.S. lobster industry in Maine is facing challenges as the catch continues to decline due to the northward migration of lobster populations. In 2024, the state’s haul of lobsters reached its lowest figure in 15 years at 86.1 million pounds, attributed to major storms that damaged waterfront communities. Despite this decline, the industry remains economically strong, with Maine fishermen earning over $528 million in 2024.
However, the future of the industry is threatened by environmental and economic challenges, such as the decline in baby lobsters settling off New England and the potential impact of new tariffs on Canadian lobster processing. Additionally, stricter fishing rules to protect North Atlantic right whales could affect the industry.
Maine’s lobster industry has a significant impact on the overall American lobster industry, accounting for 78% of the country’s total lobster haul in 2023. Governor Janet Mills emphasized the need to address these challenges, securing funding to rebuild damaged coastal infrastructure and protect critically important waterfront access for those in the industry. The industry is adapting to climate change by focusing on resilience and sustainability.
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