In 2023, the imports of dried, salted or in brine, smoked shrimps, and prawns to China reached a significant milestone. By 2024, a noticeable upward trend is projected with imports valued at 14.715 million USD. Year-on-year growth is expected to maintain its momentum, showing an average increase of approximately 5% each year through 2028, culminating in an estimated value of 17.86 million USD. The expected compound annual growth rate (CAGR) over this five-year period suggests a continued positive trajectory in the demand for these products.
Future trends to watch for include:
- Changing consumer preferences towards preserved seafood could influence demand.
- Geopolitical and trade negotiations impacting import regulations.
- Environmental changes affecting supply and pricing of raw materials.
