In 2023, China's import of fresh or chilled lobsters stood at 25.963 million kilograms. The forecast from 2024 to 2028 indicates steady growth, with imports rising from 27.203 million kilograms in 2024 to 32.227 million kilograms in 2028. Year-on-year variations show a consistent increase ranging from 4.76% to 3.92% annually. The compound annual growth rate (CAGR) for this period is projected at approximately 4.62%, suggesting sustainable demand and market expansion.
Future trends to watch for include:
- Economic factors influencing China's seafood consumption.
- Potential trade policies affecting import volumes.
- Shifts in consumer preferences towards sustainable seafood sources.
