Forecast: Re-Import of Frozen Shrimps and Prawns to China

China's re-import of frozen shrimps and prawns is forecasted to increase steadily from 2024 onwards, reaching 4.281 million kilograms by 2028. This represents a compounded annual growth rate (CAGR) of approximately 3.86% over the forecasted period. The year-on-year variations are consistent, showing a positive trend as China continues to demand more seafood imported back into the country. As of 2023, the volume stood at 3.52 million kilograms, indicating a strong ongoing demand.

Future trends to watch include:

  • Impact of China's domestic aquaculture production capabilities on import needs.
  • Possible trade policy changes influencing import costs and supply chain dynamics.
  • Shifts in consumer preferences towards sustainable and high-quality seafood.
  • Global environmental changes affecting shrimp and prawn availability.

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