Forecast: Seafood Exports to China by Singapore

Seafood exports from Singapore to China show a notable decline from 2023 to 2028. In 2023, the actual export value was considerably higher than the forecasted figures. The year-on-year percentage decrease from 2024 to 2025 is significant, followed by a continuing downward trend through 2028.

Over the last five years, the Compound Annual Growth Rate (CAGR) suggests a substantial reduction in seafood exports. Such a steep decline presents critical challenges and areas of concern for stakeholders.

Future trends to watch for include:

• Possible shifts in trade policies affecting seafood exports.
• Market demand fluctuations within China for seafood products.
• Changes in competitive dynamics with other seafood-exporting countries.
• Technological advancements or sustainability issues impacting seafood production and supply chains.