In 2023, China's imports of live, fresh, or chilled sea cucumbers were established at an actual value. Forecasts for the subsequent years predict a steady rise, beginning at 721.2 thousand USD in 2024, culminating at 1293.3 thousand USD by 2028. The year-on-year growth is approximately 20%, highlighting a positive and robust trend in the import market. The Compound Annual Growth Rate (CAGR) over the forecasted period suggests a significant average increase annually.
Future trends to watch for include:
- Potential impacts of trade regulations and tariffs which could affect import costs.
- Shifts in consumer preferences and demand for sea cucumber products.
- Climate change effects on sea cucumber supply and global availability.