In 2023, the import value of frozen whole albacore and longfin tunas to China stood approximately at 14 million USD. Based on the forecast data from 2024 to 2028, there's a consistent upward trajectory in import values, with an annual increase reflecting steady growth. From 2024 to 2028, the imports are expected to rise from 14.832 million USD to 17.278 million USD. The year-on-year variations illustrate a stable increase, with an average annual growth rate (CAGR) from 2024 to 2028 indicating healthy expansion in demand.
Future trends to watch for:
- Potential impacts of trade policies and sanctions that might affect global tuna markets.
- Environmental considerations and the international push towards sustainable fishing practices.
- Shifts in consumer preferences that could influence the demand for specific species or product forms.
- Fluctuations in global economic conditions which may affect purchasing power and import volumes.