Will the fish market rise due to holiday consumption as the National Day holiday is coming?

The production of marine aquaculture reached 14.9124 million tons, a year-on-year increase of 5.01%; The output of freshwater aquaculture was 20.0577 million tons, a year-on-year increase of 4.07%.

China's tuna import and export trade continued to grow in July 2024. Although the growth rate of imports has slowed down, the performance of exports has been very strong and the growth rate has expanded significantly

The United States is the world's largest ornamental fish market. About 10% of the population raises ornamental fish, a total of about 10 million people, and 40% of aquarium enthusiasts own several aquariums.

Experts pointed out that China's shrimp imports have declined for the fourth consecutive quarter in 2024, marking a new stage of cautious procurement in this huge market in China. Small batch procurement has become a new trend!

The notice states that according to the requirements of the business department of the General Administration of Customs, the registration of overseas production enterprises for imported aquatic products will be optimized and upgraded

One of the main reasons for the current price increase is the market's expectation of a decrease in demand for students returning to school in September, resulting in a decrease in order volume. However, Norway has cancelled up to one-third of its salmon shipments, resulting in a sharp decrease in domestic supply and pushing up prices.

The major shrimp producing countries such as India, Vietnam, and Thailand are all facing supply shortages, coupled with rising interest rates and warehousing costs, leading to tight global shrimp finished product inventories.

In 2023, the scale of China's pre-made seafood market reached 126 billion yuan, a year-on-year increase of 20.3%. With the support of both supply and demand, the scale of China's pre-made seafood market is expected to exceed 150 billion yuan in 2024.