In 2023, the import of prepared or preserved crab to China stood as the baseline for measuring future growth. From 2024 onwards, there is a clear upward trend in imports, with the volume forecasted to rise consistently each year until 2028. Specifically, the data reveals a steady increase of approximately 5% year-on-year between 2024 and 2025, followed by similar growth rates in the subsequent years up till 2028.
As the trend extrapolates over five years, the compound annual growth rate (CAGR) indicates an expected average increase of imports, reflecting sustainable consumption growth and increased demand within the market.
Future trends to watch for:
- The impact of changing consumer preferences and dietary habits in China.
- Potential trade policy shifts that could affect import quantities.
- Environmental and sustainability concerns that might influence the sourcing and importation of seafood.