The freshwater fish market in China exhibited growth from 2014 to 2019, with a notable decline in 2020 by -16.53% due to disruptions, likely the COVID-19 pandemic. However, the market rebounded significantly in 2021 with a 21.14% increase and continued moderate growth up to 2023 at 26.31 million metric tons. The year-on-year variation in 2023 stood at 0.52%, and the 5-year CAGR was 0.56%, indicating steady recovery and stability post-2020.
Future forecasts for the period 2024-2028 suggest a continued stable growth rate at a forecasted 5-year CAGR of 0.42%, projecting the market size to reach 27.02 million metric tons by 2028. The overall forecasted growth rate for this period is marked at 2.12%.
Future trends to watch for include the impact of environmental policies on aquaculture practices, technological advancements in sustainable fish farming, and shifting consumer preferences towards high-quality and organic freshwater fish.