Forecast: Human-Edible Fish Flours Imports to China

The analysis indicates that the forecasted import value of human-edible fish flours to China is projected to decline steadily from 2024 to 2028, starting at 234.52 thousand USD in 2024 and dropping to 88.85 thousand USD in 2028. If 2023 showed similar or marginally higher values compared to 2024, it would suggest notable year-on-year declines of approximately 15%-20% leading into 2024, intensifying to a compound annual growth rate (CAGR) of nearly -20% over the period to 2028.

Future trends to watch for include:

  • Shifts in consumer preferences towards alternative protein sources that might reduce demand for fish flours.
  • Potential impact of global trade policies affecting import conditions and market dynamics.
  • Advancements in local aquaculture and production efficiencies, potentially further reducing imports.

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