In 2023, China's import of fresh or chilled whole salmon was at approximately 77 million kilograms. The forecast for 2024 indicates an increase to 81.166 million kilograms, showing an approximate year-on-year growth of 5.4%. The following years exhibit a consistent annual increase: 4.9% in 2025, 4.5% in 2026, 4.3% in 2027, and 4% in 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be around 4.6%.
Future trends to watch for:
- Changes in consumer preferences and potential shifts towards sustainable or alternative seafood options.
- Fluctuations in global salmon supply and their impact on import volumes.
- The effect of trade policies and tariffs on seafood imports.
- Technological advancements in aquaculture and their influence on local production versus imports.
