The import value of prepared or preserved shark fins to China shows a declining trend from 2024 to 2028. In 2024, the forecasted value is $138.16 thousand, gradually decreasing to $113.78 thousand by 2028. Consequently, this reflects a negative compound annual growth rate (CAGR) over the 5-year period.

Year-on-year changes indicate consistent reductions, highlighting a persistent decrease in imports. Compared to 2023, the shrinking demand or stricter conservation policies may contribute to this downturn.

Future trends to watch for:

Increased focus on sustainability and conservation possibly further reducing demand.
Potential regulations impacting international trade and import practices.
Shifts in consumer preferences towards more ethical or sustainable food sources.