In China, Lower Demand for Seafood Products Is Forecasted in 2023 Due to COVID-19

In Qingdao, the trade fair for seafood products was canceled because of COVID-19. It resulted in losses for many businesses that had everything prepared, including several businesses from Chile, but it also raised concerns about the demand for seafood in 2023 in China. Operating in the China market has become very challenging due to the restriction and bureaucratic procedures at customs because of COVID-19. Some businesses are lowering their expectations for the Chinese market while looking for other significant Asian markets to make up the difference (Thailand, Indonesia, or Malaysia).