The forecasted fish body oil export volume from China shows a gradual decline from 30.39 thousand metric tons in 2024 to 29.83 thousand metric tons by 2028. In 2023, the export volume was slightly higher than that in 2024, highlighting a continuous downward trend in this period. The year-on-year variation indicates a steady yet marginal decrease each year, with a Compound Annual Growth Rate (CAGR) reflecting stability in decline over five years.
Future trends to watch for include:
- Potential impacts of changing global demand for fish body oil driven by consumer preferences and health trends.
- Environmental regulations and sustainable fishing practices affecting supply.
- Technological advancements in production efficiency.
- Geopolitical factors influencing trade dynamics and export strategies.