In 2023, the imports of live, fresh, or chilled cold-water shrimps and prawns to China stood at a baseline from which projections are made. Forecasts from 2024 suggest a year-on-year growth, with notable increases each year. From 2024 to 2028, the imports grow from $1.2324 million to $1.6974 million, indicating positive trends in demand and market expansion.
This consecutive upward trend is an indicator of China's rising consumption and possibly an increasing sophistication in its seafood supply chain, targeting high-quality seafood imports.
Future trends to watch include:
- Potential impacts of environmental regulations on supply chains.
- Shifts in consumer preferences toward sustainable sources.
- Fluctuations in international trade relations and market dynamics.
