In 2023, China's import of fresh or chilled shrimps and prawns stood at a specific baseline value. Forecasting from 2024, a steady year-on-year increase is noted: 3.97% from 2024 to 2025, 3.73% to 2026, 3.53% to 2027, and 3.34% to 2028, indicating a decelerating growth trend. The five-year compound annual growth rate (CAGR) reveals a consistent average yearly growth in imports.
Future trends to monitor include:
- Fluctuations in international shrimp and prawn markets impacting prices.
- China’s domestic seafood consumption patterns and policy changes.
- Environmental factors affecting global shrimp and prawn supply chains.
