Key Market Indicators
Chinese salmon imports are predicted to reach nearly $900 million by 2026, a 4.2% average annual growth rate from the current $700 million. Since 2000, the Chinese market has jumped 16.2% year on year. Chinese fish production is estimated to reach almost 80 million metric tons by 2026, a 1.8% average annual growth rate from the current 71 million metric tons. Since 1965, Chinese supply has grown 2.7% year on year. Indonesia, India, and Vietnam are the next three largest producers. Chinese fish consumption is expected to drop to 411,000 metric tons by 2026, a 3.1% average annual decline from the current 495,000 metric tons. Since 2017, Chinese demand has decreased 3.5% year on year.