The forecast for the import of fresh or chilled whole dogfish and other sharks to China from 2024 to 2028 indicates a steady year-on-year growth trajectory. The import volume is anticipated to grow from 220.57 to 258.94 thousand kilograms in this period, showcasing consistent increases between 3.7% and 4.1% annually. As of 2023, the actual import value stood slightly lower, initiating this growth phase. The compound annual growth rate (CAGR) is expected to average approximately 4.1% over the five-year forecast period.
Future trends to watch for in China's dogfish and shark imports include:
- Geopolitical developments and bilateral trade agreements influencing import policies.
- Changes in consumer preference and demand for these seafood categories within China.
- Global conservation efforts and regulations impacting sourcing and supply chains.