Industry Analysis & Industry Trends
China has the largest aquaculture industry in the world, accounting for about two-thirds of total cultivated aquatic products globally. In 2012, output of the Fish Farming industry is expected to reach 15.8 million tons, or 39% of total cultivated aquatic products and 27% of total aquatic products in China.
Per-capita consumption of aquatic products in China was about 40 kilograms in 2011, about 1.5 times the world average. Given this high level of consumption, and that the industry is in the mature phase of its life cycle, growth in domestic demand for industry products is projected to be mild in the future.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Industry value added is expected to increase 5.7% per year on average between 2007 and 2012, lower than the Chinese GDP growth rate during the same period, 9.5%. A large proportion of coastal waters suitable for mariculture have been developed and mariculture far from the coast is quite costly to operate. This has restricted large-scale expansion of the industry over recent years.
Per-capita consumption of aquatic products in China was approximately 40 kg in 2011, about 1.5 times of the world average. Therefore, domestic demand growth is forecast to remain low in the future.
Competition is quite intense in export markets, as is the case for many agricultural products... purchase to read more