China’s seafood trade sagged in the first three quarters of 2024 compared to the same period last year, with the performance of imports lagging during the period.
The country’s seafood imports amounted to 4.54 million metric tons (MT) worth USD 14.8 billion (EUR 14 billion) in the period, representing an increase of 1.2 percent by volume and 6.7 percent by value, respectively, according to the China Ministry of Agriculture and Rural Affairs.
Imports were particularly affected by low prices paid by Chinese consumers for seafood in the time frame analyzed.
Data from the agriculture ministry showed the average price paid …
