The import of extracts and juices of meat, fish, and aquatic invertebrates to China was $0.992 million in 2023. In 2024, imports are forecasted to rise to $1.0071 million, marking a year-on-year increase of approximately 1.52%. By 2025, the expected value is $1.0216 million, a further 1.44% increase, and by 2026, it will reach $1.0358 million, another 1.39% rise. Continuing this growth, imports are projected to hit $1.0497 million in 2027 (1.34% increase) and $1.0634 million in 2028 (1.30% increase). The compound annual growth rate (CAGR) over these five years stands at approximately 1.40%.
Future trends to watch for include potential impacts of dietary shifts within China towards plant-based proteins, which could either dampen or refocus demand in this import sector. Additionally, trade relations and sustainability issues in aquatic and meat sourcing might further influence this market's dynamics.
