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China Aquatic Product Processing Industry Report, 2008

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Aquatic product export of china has maintained a rapid growth in the recent years. Up to May 2008, China aquatic product export value has reached US $3.84 billion.

 
Export Value of China Aquatic Products, 2004-May 2008
水产品.gif 
Source: ResearchInChina

The output of China aquatic product processing has increased continuously, as well as the growth rate of output value. Meanwhile, the sales revenue also has maintained sustained growth. However, the whole industry is featured as out-of-date processing techniques, low utilization rate and low added value.

According to The Ministry of Agriculture, by the end of 2010, the output of aquatic product will reach 60 million tons with an average annual growth rate of 3.3%; the output Value of fishery industry will reach CNY 570 billion with an average annual growth rate of 6.4%.

 

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