The re-import of crustaceans to China is projected to rise steadily from 2024 to 2028. In 2023, the actual figures stood significantly lower than the forecasted growth trajectory beginning in 2024, marking a positive upward trend in value. The year-on-year variations from 2024 to 2028 indicate consistent growth, suggesting a robust demand or favorable market conditions for this sector, with a noticeable increase predicted for each consecutive year. The compound annual growth rate (CAGR) over this five-year forecast period is indicative of a healthy industry expansion.
Future trends to watch for include potential impacts from international trade policies, shifts in consumer preferences towards sustainable seafood, and any fluctuations in global supply chains which could affect pricing and import volumes. Monitoring these factors will be vital to understanding the dynamics of the crustacean re-import market into China.
