The forecast for China's fish liver oil imports indicates a steady growth trajectory from 2024 to 2028, increasing from 960 metric tons to 1,060 metric tons. In 2023, the import volume stood at 930 metric tons. The year-on-year growth rate for 2024 is approximately 3.2%, a trend expected to continue with consistent increases each year. The compound annual growth rate (CAGR) over the five-year period is projected to be around 2.7%, highlighting stable demand.
Future trends to monitor include:
- Increasing consumer health awareness driving demand for fish liver oil.
- Policy changes in trade and imports affecting supply chains.
- Developments in domestic fish liver oil production capabilities.
- The potential impact of global fish oil supply fluctuations on prices.
