Consumption Rates are Soaring in the Asian Seafood Industry
World fish consumption as food is projected to increase by 21% in 2025 to 178 metric tonnes. Of this strong growth, Asia will be accounting for 73% of the increase and consuming more than two-thirds of the available seafood supply. The time is NOW to bring your company to the premium seafood marketplace for Asia to find the latest trends, build your professional network, and source/supply the seafood that will keep consumers coming back for more! (Source: Food and Agriculture Organization)
Seafood Expo Asia is the way to reach China and the rest of Asia. With its duty-free port status, Hong Kong is the essential location to do business and reach the rest of Asia. As critical trade hub, over 40% of all consumer-oriented agriculture products imported into Hong Kong were re-exported to other countries. (Source: USDA Foreign Agricultural Services)
About Hong Kong
Hong Kong on its own is a powerful market with a myriad of opportunity. Hong Kong is home to more than 7.4 million people and enjoys a growing and competitive seafood market with a total value of $2.55 billion of imported fish and seafood products (source: Hong Kong import trade statistics – World Trade Atlas/Hong Kong Census and Statistics Department). The region’s seafood market comes primarily from international resources due to its extremely high levels of seafood consumption and the declining domestic seafood industry.