Forecast: Import of Frozen Shrimps and Prawns to China

In 2023, the import value of frozen shrimps and prawns to China stood at an actual amount of approximately 1.915 billion US dollars. The forecast from 2024 to 2028 projects a consistent increase year-on-year, with the import value expected to rise from 2.0109 billion US dollars to 2.3877 billion US dollars. This indicates a clear upward trend in demand with a CAGR of approximately 4.48% over the forecast period.

Future trends to monitor include:

  • Consumer preference shifts, particularly towards imported seafood, driven by quality concerns and economic factors.
  • Potential changes in global trade policies and tariffs that could affect import dynamics.
  • Increasing demand for sustainable sourcing practices among consumers, influencing market supply chains.

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