In 2023, China's exports of fish and crustaceans, molluscs, and other related goods stood at $11.6 billion. The forecast for 2024 indicates a decline to $11.1 billion, representing a 4.31% decrease year-on-year. This trend is expected to persist with projections showing further reductions to $10.63 billion in 2025, down 4.24% from 2024. A continuous downward trajectory is anticipated through 2028, reaching $9.25 billion. Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is calculated at approximately -4.39% annually.

Future trends to watch for:

Impact of evolving environmental regulations on the fishing industry.
Changes in international trade agreements affecting seafood exports.
Advancements in aquaculture technology and sustainable practices.
Fluctuations in global demand driven by consumer preferences and economic conditions.