Forecast: Fisheries Support Estimate in China

The Fisheries Support Estimate in China is projected to rise steadily from 2024 to 2028. The forecasted value in 2024 is USD 4.757 trillion, marking a recovery from its 2023 position, although the exact figure from 2023 is not specified here. By 2028, the value will reach USD 5.009 trillion, indicating a consistent upward trajectory with a compound annual growth rate (CAGR) of approximately 1.3% over the five-year period.

Year-on-year percentage increases show a stable trend, ranging from 1.4% in earlier years to 1.2% as the period progresses. This reflects sustained investment and growth in China's fisheries sector.

Future trends to watch for include:

  • Impact of policy shifts towards sustainable fisheries practices.
  • Technological advancements impacting productivity.
  • Global economic factors influencing trade and consumption patterns in the fisheries industry.

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