Forecast: Crustaceans Import Volume in China

In 2023, the crustaceans import volume in China stood at approximately 596 thousand metric tons. The forecast for 2024 is 605.43 thousand metric tons, indicating a projected increase of about 1.58% from the previous year, 2023. Continuing this trend, the annual growth rate is expected to hover around 1.61% year-on-year, reaching 643.36 thousand metric tons by 2028. This indicates a compound annual growth rate (CAGR) of approximately 1.64% over the five-year period from 2024 to 2028.

Future trends to watch for include:

  • Changes in China's domestic seafood demand and consumption patterns.
  • Economic and trade policies affecting import tariffs or restrictions.
  • Environmental and sustainability considerations impacting global crustacean supplies.
  • Potential technological advancements in aquaculture affecting local production levels.

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