The import of salted or in brine anchovies to China is expected to witness a declining trend from 2024 to 2028. Starting from a volume of 103.15 thousand kilograms in 2024, it decreases to 36.07 thousand kilograms by 2028. Compared to 2023, there is a noticeable downward trajectory in imported volume.
Year-on-year variations reveal consistent decreases, reflecting a reduction in demand or possible shifts in supply chain dynamics. The compound annual growth rate (CAGR) indicates an average annual decrease in volume over this forecasted period.
Future trends to watch for include potential changes in consumer preference toward alternative sources of protein, fluctuations in supply chain robustness, and tariff adjustments impacting import volumes. Strategic focus on market diversification and consumer preference shifts could also be critical.
