Forecast: People Employed in Aquaculture Sector (Marine and Inland) in China

Over the last decade, the number of people employed in the aquaculture sector in China, encompassing both marine and inland operations, has been on a declining trajectory. In 2023, the number stood at 4.22 million, reflecting a continued downtrend. Specifically, the year-on-year variation from 2022 to 2023 was -2.62%, with a compound annual growth rate (CAGR) of -2.3% over the last five years.

Future projections indicate this decline will persist if current trends continue. By 2028, the employment figures are forecasted to drop to 3.67 million, with an anticipated 5-year CAGR of -2.24%, culminating in an overall 10.69% decrease over this period.

Future Trends to Watch For:

  • Technological advancements potentially leading to higher automation in aquaculture operations, reducing the need for manual labor.
  • Adoption of sustainable farming practices which might shift workforce requirements.
  • Policy changes and government initiatives aimed at revitalizing the sector might impact employment figures.

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