ANALYSIS: China’s Crustacean Imports Hold Firm Despite Economic Slowdown
Despite an economic slowdown that has persisted since last year, China has sustained a healthy import budget for crustaceans, according to the latest GACC figures (General Administration and Customs of China). The first quarter saw shipments to China increase by 6.6%, then 7.4% in Q2 and 5.0% in Q3, so from January to September, shellfish imports rose 6.3% in volume and 6.6% in value year‑on‑year.
Shrimp account for the largest share of crustacean imports this year, representing 55% of the CNY 50,149 million total spent to date...
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