The forecast for the import of frozen whole cod to China shows a consistent year-on-year decline from 2024 to 2028. Starting at 153.45 million kilograms in 2024 and decreasing steadily to 129.02 million kilograms in 2028, this represents an average annual decline in volume of approximately 4.23% over the forecast period. This trend of declining imports has been observed from a historical perspective, where the imported volume stood at a specific level in 2023, providing a basis for these projections.
In terms of future trends, it's crucial to monitor international trade relations, potential tariffs, and domestic demand shifts in China, alongside global fisheries sustainability practices, all of which could impact import volumes. Additionally, the impact of alternative sources of fish protein and technological advancements in aquaculture may further influence these forecasts.
