In 2023, imports of salted or in brine tilapias, catfish, carp, eels, Nile perch, and snakeheads to China stood at a baseline from which a steady increase is forecasted over the next five years. By examining the years 2024 through 2028, there is a consistent year-on-year increase of about 1.7% to 1.8%. The compound annual growth rate (CAGR) over this period is approximately 1.8%, suggesting a stable upward trend in the import value of these aquaculture products.
Future trends to watch for include:
- Increasing demand for diversified aquatic food sources as China’s middle class continues to grow.
- The potential impact of trade policies and environmental regulations on import volumes.
- Technological advancements in aquaculture and logistics that could affect market dynamics and competition.