The forecast for China's import of fresh or chilled crabs indicates a steady growth trend from 2024 to 2028. Starting at $581.7 million in 2024, imports are expected to rise incrementally each year, reaching $671.81 million by 2028. Comparing this to the forecasted value of 2023, the year-on-year growth is projected to be consistent, reflecting China's increasing demand for seafood products. The compound annual growth rate (CAGR) over this period will reveal an annual average growth that supports this upward trajectory.
Looking forward, key trends to monitor include:
- Potential policy changes affecting seafood imports in China.
- Fluctuations in global crab supply and market prices.
- Shifts in consumer preferences towards sustainable and locally-sourced products.
