The import of live ornamental freshwater fish to China is projected to see steady growth from 2024 to 2028, rising from $40.132 million to $56.405 million. This marks a consistent year-on-year increase, with significant rises each year. As per available data, the import value stood at approximately $36 million in 2023, suggesting a robust growth trajectory.
Year-on-year variations indicate an upward trend fueled by rising demand for ornamental fish in China. The compound annual growth rate (CAGR) over this period is poised for a healthy ascent.
Future trends to watch include:
- Increasing popularity of home aquariums and related hobbyists.
- Potential entry and impact of new market players.
- Environmental and regulatory shifts affecting international trade of live fish.
