China’s Import of Live Seafood in 2023 Highest in Recent Years, Growth Expected in 2024
USDA’s Foreign Agriculture Service released a report last month detailing the distribution channels for live seafood in China, potential market opportunities, and updates for 2024.
As the world’s largest consumer of seafood China is also the world's largest seafood producer, mostly due to aquaculture.
“Estimated wild-caught production is significantly less than demand and continues to decrease due to tighter government regulations and deteriorating fishery resources,” the report notes. Seafood demand continues to grow, however, “with an increasing preference for high-quality products,” the report ...
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