Fisheries imports in China are projected to grow steadily from 2024 to 2028. In 2023, imports stood at $30.12 billion. The year-on-year percentage variations are: 10.37% (2024), 10.91% (2025), 9.71% (2026), 8.73% (2027), and 7.91% (2028). The compound annual growth rate (CAGR) over the last five years is estimated at 9.53%, reflecting China’s increasing demand for seafood imports. This growing trend is driven by a rising middle class and heightened consumer demand for diverse and premium seafood products.
Future trends to watch for include advancements in aquaculture technology, shifts in trade policies, consumer preference changes towards sustainable seafood, and potential impacts of global economic fluctuations. Monitoring these factors will be crucial for predicting future market dynamics.
