In 2023, the import volume of salted or in brine cod to China stood at a certain baseline value. The forecasted data indicates a steady increase in imports from 2024 to 2028. In 2024, imports are expected to reach 212.29 thousand kilograms and rise progressively to 238.45 thousand kilograms in 2028. Year-on-year growth rates highlight a consistent upward trend with annual increases anticipated around 3% per year. Over this period, the compound annual growth rate (CAGR) paints a trajectory of approximately 2.85% annually, demonstrating robust demand for salted cod products.
Future trends to watch include shifting consumer preferences within China, any trade regulations affecting imports, and potential economic factors that could influence purchasing power and demand. Additionally, sustainability and environmental concerns may impact sourcing and pricing dynamics in the longer term.
