In 2023, the actual value of China's imports of live, fresh, or chilled crabs was less than the forecasted 1.7373 billion USD for 2024. From 2024 to 2028, there is a progressive year-on-year increase, with imports expected to reach 2.39 billion USD by 2028.
The average annual growth rate, or CAGR from 2024 through 2028, illustrates a steady interest in this product category among Chinese importers, reflecting a consistent increase in consumer demand and market expansion.
Future trends to watch for:
- Fluctuations in global seafood supply chains impacting crab imports
- Changing consumer preferences towards sustainable seafood and its effects on import volumes
- Potential regulatory changes affecting seafood imports in China
- Economic factors and their influence on purchasing power and import capability